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A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened, reports Bitcoin News. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups.

A center aiming to drive growth and innovation in the Abu Dhabi blockchain sector has been officially launched. Known as the Blockchain Center, it seeks to establish Abu Dhabi as a global leader in blockchain technology and innovation. The center’s focus will be on creating a thriving ecosystem for startups, enterprises, and academic institutions.

According to a report, the Blockchain Center is set to host top global events and workshops, connecting leading minds in the industry. These events will also serve as platforms to launch the latest applications in blockchain technology. The incubation and acceleration hub will also be incorporated into the center.

Commenting on the unveiling of the center, Abdulla Al Dhaheri, CEO of the Blockchain Center, stated: “We are thrilled to launch the Blockchain Center in Abu Dhabi. Our vision is to create a global hub for blockchain innovation, education, and collaboration right here in Abu Dhabi.”

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