aelf, a multi-chain network, and blockchain for business announced its entry into rapidly growing Middle East blockchain economy with its collaboration with Dubai-based consultancy, Connect Global Strategies.
The partnership will be a stepping stone in the aelf’s expansion to the Middle East. The enterprises will work closely with regional blockchain firms and business advocates to expedite commercial adoption. Connect Global Strategies, a crypto advisory and investment consultancy serving the Middle East market, will provide the necessary regional expertise and support aelf’s presence in Dubai, , the United Arab Emirates, and the Gulf region.
From the CXO’s Desk
The Co-founder of aelf, Zhuling Chen expressed his enthusiasm by saying, “The Middle East is fast becoming a growing influence in the global blockchain ecosystem. Both the business community and governments are seeking to reorient the economy away from the oil industry, and the blockchain industry has become a key focus in making this a reality. This is evident in the sheer number of new blockchain applications across the region, including retail payments, land registry, business registration, and personal identity management. An early investor and long-term supporter of aelf, Connect Global Strategies will bring unprecedented access to key regional players, which will further our aim to provide the resources necessary to help businesses scale through blockchain adoption.”
Jason King, Managing Partner at Connect Global Strategies and Co-Creator of Flashcoin further elaborated and said, “The appetite for business-friendly blockchain platforms in the Middle East, particularly in Dubai, is astounding. The race is on for enterprises and governments to integrate market-ready, blockchain-based solutions across a number of everyday applications and services, and aelf’s entrance is a welcome indication of things to come.”
Aelf’s expansion to the Middle East will serve as a major milestone for the project. The enterprise grabbed headlines earlier this year with its launch into the dynamic South Korean market.