Ras Al Khaimah, UAE, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Conflux Network, a trailblazer in blockchain innovation, has sealed a momentous agreement with RAK Digital Assets Oasis (RAK DAO), an avant-garde initiative spearheaded by the Government of Ras Al Khaimah, to propel forward the realms of blockchain and digital asset development. This landmark collaboration signifies a significant leap forward for the blockchain industry, particularly within the Middle East region.
- This landmark collaboration signifies a significant leap forward for the blockchain industry, particularly within the Middle East region.
- 2 of 2023 in Ras Al Khaimah, UAE, and Conflux Network, a leading developer of Layer 1 blockchain networks, have inked a strategic Memorandum of Understanding (MOU) aimed at redefining the landscape of blockchain and digital assets.
- Strategic Support and Development: RAK DAO will extend support to Conflux in establishing a robust presence in the UAE and wider Middle East, while Conflux will tailor blockchain solutions to meet the specific needs of digital and virtual asset companies within RAK DAO.
- Support and Grants: Conflux will offer support to startups and projects within RAK DAO, develop tailored blockchain solutions, and facilitate the entry of RAK DAO enterprises into Asian markets.