BitFury Hosts Secret Block Chain Summit in Middle East

BitFury Hosts Secret Block Chain Summit in Middle East

Following the first Block Chain Summit this April - a widely publicized affair held at Sir Richard Branson's private Necker Island, lead event sponsor BitFury has organized a less talked about follow up in the United Arab Emirates. Though information on the event is scarce, the event is currently ongoing, running from the 7th to 10th October in Abu Dhabi, the capital of the UAE. According to posts by attendees such as BitFury advisor and former US Department of Justice official Jason Weinstein, the summit will include "informal sessions and discussions" on blockchain technology and its....


Related News

Block Chain Summit Responds to Backlash Over Private Island Bash

Boasting an exotic location and the apparent blessing of billionaire Richard Branson, the Block Chain Summit has emerged as one of the most discussed events in the digital currency community in recent months. To be held from 25th to 28th May on Branson's private Necker Island, little has been known about the conference apart from its available guest list, a factor that has led to speculation as to what the event would seek to achieve since it was first revealed by CoinDesk. In a new interview, however, Valery Vavilov, CEO of leading event sponsor BitFury and venture capitalist Bill Tai....

Lucy Liu Touts Blockchain Tech at Discussion on Branson's Island

Block Chain Summit, the exclusive bitcoin event held on Richard Branson's private island, has revealed a surprising advocate of blockchain technology. According to tweets from Necker Island, actress Lucy Liu - better known for her work in Hollywood blockbusters and Sherlock Holmes reboot Elementary - joined participants for a Skype discussion on how the blockchain could play a role in identity management. Although the event was live streamed on Periscope, organisers are expected to publicly release videos of the talks given during the three-day event soon. Following 21's plans to put....

BitFury is Investing $100 Million in a New Bitcoin Mining Farm

Bitcoin block chain infrastructure provider BitFury has announced the construction of a $100 million data center in Tbilisi, Georgia's capital city. Georgia has been attracting key international technology companies to position itself as an investment destination and the BitFury Group have duly obliged, by investing $100 million in building a data center in the country's capital of Tbilisi, reports Agenda.de. The 100MW data center will be the second built by the BitFury Group in Georgia after the installation of a 20MW data center in Gori, a city in eastern Georgia. The block chain....

“The Middle East is Ripe for Bitcoin Adoption” - Jad Mubaslat, CEO, BitQuick.me

This week, BitQuick announced the launch of its trading platform BitQuick.me in the Middle East. While there haven’t been more details on the topic, we reached out to its founder and CEO Jad Mubaslat, for enlightenment. Jad Mubaslat is a senior student in biomedical engineering and avid entrepreneur based in Colombus, Ohio. He founded BitQuick, an over-the-counter (OTC) Bitcoin trading platform in February 2013, and hasn't stopped working on the startup since. Today, BitQuick offers its services to customers across the world including North America, Europe, Asia, and most recently, the....

Tech Consultant Giant: Blockchain ‘Integral to Mid-East Digital Economy’

International tech consultants Booz Allen Hamilton (BAH) have authored a report stating blockchain is “integral to supporting and realizing a digital economy in the Middle East.” Mid East Undergoing ‘Rapid Change’. The report, released today titled “Blockchain Technology – Can the Digital Economy Thrive Without It?” focuses on the benefits that....