Mede-oprichter en hoofdcryptograaf van Mysten Labs, Kostas Kryptos Chalkias, Mohamed Abdou, CEO en oprichter van Mena-gebaseerde Pravica, Gregorios Siourounis, mede-oprichter en CEO van Xmoney Global, en A. Tony Amer, CEO van Emurgo Labs, ontmoette in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt in Egypt and societies of societies or egettes and societies or societies of societies of societies of Etet and Societies or Egypt and Mena.
The global and regional blockchain leaders met this week in Egypt to discuss the construction blocking solutions in several sectors in the Arab world. They are planning to integrate blockchain technology into the financial sector, logistics, academic world, government and other areas, while building Mena’s digital economies.
The meeting was organized by the newly established Arabic Blockchain Center, a joint initiative between Pravica in Egyptian, a Mena-oriented Blockchain infrastructure company that builds safe digital communication tools and FinTech solutions such as S3 money, and the AAB AASTMY for Science, Technology and Marit)..
Founders to develop blockchain solutions in Egypt
The expert group wants to increase the mass acceptance in blockchain and challenges that are aimed at blockchain-use cases for off-chain transactions and the cross-border payment sector. Also on the table was sharing documentation, especially for the government sector where the security of documents and confidentiality is the key.
Moreover, the transfer sector was discussed, given that 9% ($ 35 billion) of the GDP of $ 386 billion from Egypt came from oversides sent by more than 15 million Egyptians abroad.
“The discussions that we have had here in Cairo, aimed at practical blockchain applications such as cross-border payments and digital identity, are essential for building a more inclusive and efficient financial future for the Mena region for the Mena-Regio. Sui’s architecture, with its Focus my own, is the Meeting, Maks, Maks, Maks, Maks, Maks, is the Maks, Maks, Maks, Maks, Maks, Maks, Maks, Maks, Makers, Iss Best, Maks, Maks, Making, Maks, Makers, This is the Message, Maks, Maks. explained.
Mohamed Abdou, CEO and founder of Pravica, explained that the goal is to use blockchain to build a real on-chain Banking 2.0 infrastructure. He explained: “This will go much further than simple digital payments to make a new series of services possible, from immediate cross -border transfers to safer loans. The initiative is a huge step in the direction of financial inclusion for Egypt. The work is complex, but the potential is unlimited.”
Professor Georgios Siourounis, CEO of Xmoney Global, shared his vision of the future of cross -border digital payments, and noted that financial systems should also connect people across borders; This is how real inclusion starts.
The meeting was attended by Egyptian representatives at a high level of the academic, banking and government sectors.
Finally, Tony Amer, CEO and founder of Emurgo Labs together by stating that the aim is to ensure that Egypt and the region are not only observers of how blockchain reforms the economies but active participants.
The Egyptian government has banned the trade or the use of crypto, while working on blockchain implementations in trade, logistics, carbon markets and exploration of a digital currency of the Central Bank (CBDC). Blockchain in the financial domain could be a game change in Egypt, with more than 98% of the activities of the country that are micro to small and medium -sized entities.