Bitfury Group Expands Operations In UAE; Opens Branch In Dubai

Blockchain technology company Bitfury Group has opened its branch at the Dubai Design District in Dubai as a part of its plan to expand operations in the United Arab Emirates. The company known for helping organizations to shift their work to blockchain-based systems is committed to providing blockchain-based solutions to institutions, companies, and governments in the region.

Story continues below

Bitfury looking forward to building new customer relationships

The Dubai office will be managed by Nicola Mariani who will also head the legal department. Mariani has experience of 15 years and has executed multi-jurisdictional as well as complex local transactions globally. Prior to joining Bitfury, he was the partner at a leading global law firm. Mariani said that blockchain technology is causing changes in many fundamental aspects of society and appears to be one of the most important inventions since the onset of the internet, in his opinion.

He further added that he is looking forward to working with the team of Bitfury and introduce state-of-the-art Bitcoin (BTC) Blockchain products to the new customers in Dubai and in the surrounding areas of UAE.

According to the CEO of Bitfury, Valery Vavilov, “The U.A.E. is an extraordinarily innovative place and a crucial area of growth for blockchain technology. We look forward to building new customer relationships and partnerships and designing the products they need to make their enterprises run more securely and efficiently.”

New office to advance Bitfury’s commitment

Bitfurry’s executive vice chairman, George Kikvadze said that the Dubai office will advance the commitment of Bitfury Group to develop and offer blockchain solutions at the global level. According to Kikvadze the expansion of Bitfurry into the MENA region is a part of the mission of Bitfury to aggressively promote the growth of blockchain and at the same time improve systems for businesses and governments all over the world.

He further added that since the UAE is the core of this growth, they are excited to start working there. The American company, known for delivering hardware and software solutions to the governments of different countries as well as the private sectors recently signed a partnership deal with Maltese company Ledger Projects. According to report, the leading full-service blockchain technology company of the world is planning to merge Malta’s Leger Projects with its blockchain infrastructure.

An ad to help with our costs