DUBAI, UAE, Jan 18, 2023 - (ACN Newswire via SEAPRWire.com) - Crypto Oasis, the fastest growing Blockchain Ecosystem in the world has now surpassed their goal of identifying 1,500 organisations in the Ecosystem by the end of 2022. As of 31st December, there were over 1,650 organisations and the ecosystem has been growing faster than previously anticipated. The Ecosystem has witnessed a sturdy 13.8% growth that proves that the Crypto Oasis is expected to continue its robust growth in the coming months as regulators in the region welcome innovation and disruption, making it easier for blockchain-related companies to secure licences and operate. At the forefront of this is Dubai Multi Commodities Centre(DMCC) which is home to over 500 of these native Blockchain organisations, representing the largest concentration of crypto and blockchain companies in the Middle East and North Africa (MENA) region. Crypto Oasis has added 200+ new organisations in Q4 2022 that have brought in 1,300+ new professionals to the burgeoning Ecosystem, bringing the total number of individuals working in this industry to 8,300+. This 19% growth in employment numbers can be attributed to the UAE being a force to reckon with in the global Blockchain landscape. 78.2 percent (approx. 6,500) of these individuals work in native blockchain organisations, i.e. those which are focused on blockchain and related decentralised technologies. 21.8 (approx. 1,800) percent work for non-native companies, i.e. those that offer blockchain related services or products but do not have blockchain as their primary focus. Ralf Glabischnig, Founder of Crypto Oasis, stated, "We're thrilled to have identified these new organisations in our ecosystem that are contributing to a diverse community of stakeholders. The possibilities for Web3 technology are vast, from finance and supply chain management to gaming and social media. However, as it's a relatively new and emerging technology, its full potential hasn't been reached yet and the industry is facing challenges such as scalability, security, and user adoption. It's an exciting and rapidly evolving field to watch and we're eager to collaborate and learn from each other as we work to improve Web3 and decentralised technologies."The Crypto Oasis supports blockchain and Web3 organisations to access resources and expertise that can help them navigate the complex and rapidly evolving landscape. In addition, joining the ecosystem gives them the opportunity to network with potential partners and customers, and to showcase their work to a wider audience."The UAE is the perfect amalgamation of Talent and Capital built on a world class Infrastructure," said Saqr Ereiqat, Co-Founder of Crypto Oasis. "The Ministry of Economy(MoE) has become one of the first Government entities in the world to be active in the metaverse. In 2022 the MoE published its Digital Economy Strategy which aims to double the contribution of digital economy from 9.7% to 19.4% in the next decade. The inception of regulators like VARA and various industry events like the Abu Dhabi Finance Week and Dubai Fintech Week, as well as the launch of the Dubai Economic Agenda "D33", demonstrate UAE's commitment in taking an active step to becoming the centre of digital economy globally."In the inaugural version of the Crypto Oasis Ecosystem Report 2022, published in partnership with Roland Berger in October'22, identified 1,450+ Web3 organisations in the UAE at the end of Q3 2022. This report aimed to establish the first quantitative and qualitative study of the Crypto Oasis ecosystem. Commenting on the growth of the Ecosystem, Pierre Samaties, Partner and Global Head of Crypto Economy and Web3 at Roland Berger, a top tier strategy consulting firm said: "The UAE is uniquely positioned to play a leading role in the global innovation economy. The growth of the Crypto Oasis Ecosystem will continue in the coming months as we can already witness how regulators in the region are welcoming innovation and disruption, making it simpler for Blockchain-related companies to secure licenses and operate."The Crypto Oasis Ecosystem is dedicated to building and strengthening the infrastructure for decentralised technologies in this region. The Ecosystem fosters collaboration and intends to pool resources and expertise to create a more robust and resilient environment to build, create and operate. The Web3 Ecosystem serves the needs of all of its members and has a positive impact on the wider community by helping drive innovation related to decentralised technology. New members of the ecosystem will have the opportunity to contribute to this effort and shape the direction of Web3 development in our region. Report Link: https://cryptooasis.ae/ecosystem-report-2022/About Crypto OasisThe Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
DUBAI, Oct 10, 2022 - (ACN Newswire via SEAPRWire.com) - Crypto Oasis, the fastest growing Web3 ecosystem in the world, announced that it had identified more than 1,450 active Web3 organisations in the UAE at the end Q3 2022. The research also identified more than 7,000 individuals working in the industry. The organisations that are active in the Blockchain space are broken down into native and non-native according to their dependency on this emerging technology. native organisations which only exist because of this technology account for 65 percent of the total number identified and non-native organisations are at 35 percent. Dubai Multi Commodities Centre(DMCC) has registered more than 460 native organisations which is more than 50% of all native Blockchain organisations in Dubai.Out of the 7,000+ individuals working in the Web3 industry, approximately 77 percent work in Blockchain native organisations and 23 percent work in non-native organisations.The Crypto Oasis Ecosystem Report is a periodic report which is now on its inaugural edition and was created in partnership with Roland Berger, one of the first top-tier strategy consulting firms to have entered the world of Blockchain and is steering their global Crypto Economy advisory out of the UAE. The Report focuses on market development and emerging technologies such as Crypto, Blockchain, Metaverse and Web3. It establishes the first quantitative and qualitative ecosystem study of the Crypto Oasis Ecosystem and identifies its various stakeholders. It includes, a deepdive into the opportunity that Web3 represents for the region, has exclusive content such as the insights on one the largest greenfield mining sites in the world being carried out by Phoenix in Abu Dhabi, as well as survey results by Roland Berger, that assesses the state of the global Crypto Economy for which they collected insights from over 150 C-level executives and innovators across 10 industries. "We strongly believe in the transition towards a crypto economy and see this reflected in the top C-Level executive agendas. The UAE is accelerating its global position as a Crypto and Web3 hub, also thanks to prime ecosystem developers like Crypto Oasis," says Pierre Samaties, Partner and global co-head of the firm's Crypto economy team.The UAE is uniquely positioned to play a leading role in the global innovation economy. The growth of the Crypto Oasis Ecosystem will continue in the coming months as we can already witness how regulators in the region are welcoming innovation and disruption, making it simpler for Blockchain-related companies to secure licenses and operate. Ralf Glabischnig, Founder of the Crypto Oasis said, "We are pleased to see the UAE supporting forward-thinking organisations such as startups, service providers, investors, as well as science and research institutions in the Web3 space. We also have industry leading stakeholders like ADGM, DIFC, DMCC, Simmons and Simmons, State Street featured in our report which will provide the audience with a deeper insight into industry trends as well as educate and inform the reader of this ever growing and evolving ecosystem. Through the report, you are provided with a snapshot of the Ecosystem, which will help set the baseline from which growth can be identified in the following years as the Crypto Oasis becomes a centre of Blockchain excellence."Crypto Oasis catalyses the growth of organisations in the Crypto space and brings together Investors, Start-ups, Corporates, Researchers, Service Provider, and Government entities. It aims to advance the digital economy in the Middle East and bring distributed ledger technologies to the mainstream. Faisal Zaidi, Co-founder and CMO of the Crypto Oasis stated, "Our role is to curate the Crypto Oasis Ecosystem and our goal is to bring all stakeholders together on one playing field to assert the region as the leading global player in Web3."He added, "The Crypto Oasis Directory and the parallely launched report, are tools that we have developed and created inhouse and published, in order to create transparency and awareness of this emerging region."The report also contains insightful thought leadership articles from major players in the industry like 4ARTechnologies, Pulse, Ripple, Securrency, Singularity DAO, TDEFI, Tokengate, Virtua to name a few.Report Link: https://cryptooasis.ae/ecosystem-report-2022/ Directory Link: https://cryptooasis.ae/directory/About Crypto OasisThe Crypto Oasis is a Middle East focused Blockchain Ecosystem supported by initiators of Crypto Valley Switzerland. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing, with more than 1,450 organisations identified in the UAE alone. www.cryptooasis.ae About Roland BergerRoland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our partners, we operate 51 offices in all major markets. Our 2,700 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - Those who buy from shops at HDB shopping complex Oasis Terraces in Punggol can now use an app to redeem points that can be exchanged for items such as parking credits and gifts as part of a pilot initiative. They can also use the app, ShopperLink, to access a comprehensive directory that lists the shops and services that are available in the mall, view products and services offered by retailers, as well find out about ongoing events and programmes in the mall. "This will help heartland retailers to transform their business models, keep pace with the evolving retail landscape, and provide more personalised services to shoppers," said the Housing Board in a statement on Sunday (Jan 31), adding that the move to roll out the app was made in response to feedback gathered from heartland retailers in 2019. Another app, RetailerLink, will complement the ShopperLink app. HDB shops can upload their product and service offerings on the app, and use a chat function to respond to customers' inquiries, among other things. New functions will eventually be added, said HDB, such as those that enable shop owners to book event space and access reports on sales data. So far, about 90 per cent of the 104 shops at Oasis Terraces, a new-generation neighbourhood centre, are using the app to showcase their products and services, said HDB. It added that the plan is to expand the app's use to other HDB shopping complexes, such as Canberra Plaza in Sembawang and Buangkok Square. ShopperLink is available for download on the Apple App and the Google Play stores. "We invite retailers and shoppers to share their feedback with us, to help us in refining the apps for better user experience subsequently," said HDB. Ms Jandy Foo, 44, a shop manager at Tampopo, a Japanese restaurant at Oasis Terraces, said the reward programme is easy to use on the app. Shoppers just have to take a picture of their receipt and upload it, and it will then be converted into points. "Not many people know that we have an outlet in Punggol, so (the app) is also a good way to reach out to a wider group of customers. We can also list promotions like weekday lunch deals on the app." More on this topic Related Story S'pore commuters can now top up adult ez-link cards with mobile app Related Story Smart BTO housing in Punggol Northshore offers utilities tracking, gantry-free carpark



