H.H Sheikh Saud bin Saqr Al Qasimi, Member of the UAE Supreme Council and Ruler of Ras Al Khaimah supports the First BSV Global Blockchain Convention in UAE

H.H Sheikh Saud bin Saqr Al Qasimi_ Member of the UAE Supreme Council and Ruler of Ras Al Khaimah supports the First BSV Global Blockchain Convention in UAE logo/IT Digest

For the first time ever, and under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, the BSV Global Blockchain Convention will take place in the UAE on 24, 25 and 26 of May 2022 at the Grand Hyatt, Dubai.

BSV is the only blockchain with the technical capabilities to serve as a global distributed data ledger in a secure, scalable, and efficient manner for consumers, enterprises, and governments. The BSV ecosystem focuses on developing real utility on blockchain, to increase efficiency and honesty in ways that build a better world, and to do so with legal and regulatory compliance in mind.

Over the past two years, the BSV Blockchain has been growing its presence in the Middle East region as well as building relationships with government entities to advance education and adoption of its blockchain regionally and globally. This is the first time the BSV blockchain ecosystem’s flagship event has been held in the region, in this format.

“We are pleased to be collaborating with BSV Blockchain Association on the BSV Global Blockchain Convention in UAE. We believe that Blockchain platforms will play an integral role in our lives in the future. This technology will save time, effort and resources and enable individuals to conduct most of their transactions in a timely manner that suits their lifestyle,” said H.E. Mohamed Mosbeh Al Nuaimi, Chairman, Board of Directors, Ras Al Khaimah Chamber of Commerce.

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“We are deeply honored to be the first blockchain association to earn the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi for the BSV Global Convention in Dubai. Blockchain applications can improve efficiency and honesty for consumer, enterprise, and public sector applications. We look forward to share with the UAE, the Middle East, and the entire world about those benefits of blockchain technology, and, how BSV can help build a world of good,” said Jimmy Nguyen, Founding President of the BSV association and the conference host.

“The convention is like Woodstock, that’s how influential this technology is going to be and it’s going to change so many things. I hope the convention educates the big consulting companies so that they understand what this technology can do so they in fact become evangelists for us when they are brought in to solve technical problems,” said Calvin Ayre, Executive Producer of BSV Global Blockchain Convention and Founder of Ayre Ventures.

The BSV Global Blockchain Convention is attracting more than one hundred twenty speakers from around the world, with high-profile thought leaders from across the blockchain and digital asset industry, and representatives of many diverse industry sectors using BSV. The Event will be an opportunity to gain experience about new blockchain innovations in the public sector, esports and online games, Metaverse, NFTs, Web3, fintech Islamic Finance, Internet of Things, smart cities, supply chain, entertainment & media, music, the arts, sports, cybersecurity, computation, blockchain mining, and environmental, social & governance (ESG) compliance.

BSV is an enterprise-grade blockchain that can grow unbounded and can manage large amounts of data, all stored at a low cost, and high volumes of micropayments sent at very low cost (1/20 to 1/100 of a U.S. cent and expected to be lower in the future). Unlike legacy social platforms like Facebook and Instagram, BSV applications can re-invent the Internet by allowing users to store on-chain, control and monetize their own content and data. BSV is also the greenest proof of work blockchain on the planet as confirmed by CoinCarbonCap and Canadian audit firm MNP in their 2021 report on the subject.