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Memorandum of Understanding between Dubai Blockchain Center and Chaintech Labs Ltd



Time:8/1/2022 2:50:14 AM

[Memorandum of Understanding Signed by Dubai Blockchain Center and Chaintech Labs Ltd] Jinse Finance reported that Dubai Blockchain Center (DBCC) and Chaintech Labs Ltd (CTL) announced a new cooperation agreement to promote long-term blockchain for enterprises Blockchain technology research and development and government authorities in the GCC region.

The agreement formalizes the mutual interaction in the form of a Memorandum of Understanding (MoU) and strengthens the existing relationship between Dubai Blockchain Center and Chaintech Labs Ltd at a strategic and working level, focusing on the onboarding of global enterprises and government agencies. On the blockchain, develop standards for public and private blockchains, smart contracts, fungible and non-fungible tokens.

It is reported that Chaintech Labs Ltd is a blockchain research and development institution, registered in the Dubai International Financial Center, founded by a group of blockchain researchers and game developers from Stockholm, San Francisco, New York and Dubai. Chaintech Labs Ltd has more than 10 global NFT projects, with more than 1 million community members and a total token market value of nearly US$1 billion.

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