Smart Chain Forum 2022: RAMZIQ commits to massively expanding the UAE’s blockchain technology ecosystem through its annual initiative

November 2022, Dubai, UAE: RAMZIQ – an ultra-secure, user friendly new blockchain platform – set out its ambitious plans at its recently concluded annual initiative –  Smart Chain Forum in Dubai (13 November, Armani Hotel, Burj Khalifa, Dubai).

Its aim: to revolutionise the UAE’s expanding Blockchain technology ecosystem and bring blockchain into the lives of consumers who currently don’t have access to it. Currently, only 3% of all potential users are familiar with and have access to blockchain technology – RAMZIQ says it is targeting the remaining 97 percent. 

The forum enables attendees to develop concepts and sustainable methods aimed at enhancing the future of digital assets in this 6th era of technology.

There were a number of interesting topics that were touched upon during the event. One of the key speakers Mr Patrick Campos, Chief Strategy Officer, Securrency spoke on the topic of “Future of Digital Assets and how blockchain is disrupting the fintech sector”. There was also a very engaging panel discussion on “Shaping the future of digital assets in the 6^th era of innovation.”

Speaking to industry leaders and innovators at the forum, Solaiman Al Rifai, Founding Partner at RAMZIQ explained that his company has been inspired by the UAE’s mission to be a pioneer in Blockchain and is focused on bringing the technology to every citizen.

Addressing the Smart Chain Forum as a keynote speaker, Mr Al Rifai introduced the ZENIQ NFT Marketplace. It runs on the ZENIQ blockchain. Through ZENIQ Marketplace customers can discover, collect and sell NFTs.

Mr Rifai also elaborated on the features of the ZENIQ App which is one of the most exciting products of the ZENIQ Ecosystem. The app is a whole management system of its own and works as a secure wallet on the smartphone. The app also has the first ever blockchain enabled chat system which is encrypted end to end and fully decentralized. This chat system has both video and voice capability. It also helps in the swapping functionality between major coins and tokens. The app is integrated with the ZENIQ debit card and also with the ZENIQ Hub. The app is supported by biometric integration and also secure with support of recovery words.

He also touched upon the RAMZIQ Tokenization Whitepaper which talks about blockchain being a key enabler of Web 3.0 and a detailed analysis of the ZENIQ blockchain ecosystem. The whitepaper describes in detail how tokenization is the key driver for the digital economy.

“RAMZIQ wants to make sure people now have a digitalised ecosystem whereby they can use Blockchain technology and tokenization for all their assets,” said Al Rifai. “As the tokenisation of digital assets proves central to the UAE’s financial roadmap, RAMZIQ will address a crucial market gap for the storage and security of digital assets.”

“ZENIQ is opening the doors and making blockchain technology accessible to one and all. Ensuring mass adoption of blockchain technology. The key focus for RAMZIQ through ZENIQ is to focus on the 97% of people who do not have access to blockchain technology,” added Al Rifai. 

Erwin Dokter, CEO, of ZENIQ Corporation commented: “According to forecasts, the tokenization market will reach a global volume of around US$ 24 trillion by 2027. ZENIQ’s ecosystem and its cutting-edge blockchain technology allows users to dive into this promising market.”

Walid Ahmad Abdullah Al Nuseirat, CEO and Board Member at RAMZIQ said: “Tokenized assets increase market liquidity. They also remove the liquidity premium associated with investments that are traditionally more difficult or time-consuming to sell, like fine art, real estate, or any other investment opportunity.”