The project is gaining traction in MENA due to its vast transaction management potential, higher security, and inbound government database projects.
Venom Foundation Licensed to operate a blockchain, issue utility tokens, and registered with ADGM as the first crypto foundation. ADGM is known as a fintech oasis for investors and financial services companies around the world. The next significant step for the Venom Blockchain will be announced next month.
poison blockchain has asynchronous blockchain technology with dynamic sharding, which has made an unprecedented leap globally in the development of blockchain technology, bringing infinite scalability and higher security guarantees to the market through decentralization. Venom Foundation is leading his three main directions such as Critical Infrastructure, Inbound Project Support, and Developer-friendly Platform, each of which is intended to solve previously existing problems in the crypto market. We offer new solutions. However, the most valuable feature for the MENA regional market is the ability for major companies and enterprises to easily and safely migrate to his Web3 globalization, managing total data transaction flow without being bogged down by increased fees and transaction times. technology that makes it possible.
The Venom Foundation’s main priority of developing and supporting a self-sufficient blockchain ecosystem has already yielded significant results.Venom Wallet mobile applications and desktop browser extensions) and Multisig account option When ledger support, Venomscan (to keep everything transparent with access to transactions history), Venom Bridge (allowing inter-chain transactions to be executed quickly at low prices), Venom pool (to stake on validator nodes), Venom Get (easy gateway to poison tokens), Web3.World (native decentralized exchange) was built. Individual developers, companies, and government authorities can engage with the Venom Foundation to establish new products such as: NFT Marketplace, derivatives exchange, Stablecoins backed by fiat currency,
Many other products that have the potential to bridge wide adoption of CBDC in the UAE, other MENA countries and future global adoption. Subject to relevant regulatory approvals, the Venom Foundation will work with ecosystem participants to ensure that such products are offered in a compliant manner within ADGM’s trusted and well-regulated environment. increase.
Today, entrepreneurs in the MENA region are seen as pioneers in embracing the global crypto trend, so businesses should think about the decentralized globalization of data flows for businesses, governments and social projects. Abu Dhabi Global Markets (ADGM), the international financial center of Abu Dhabi, previously launched a framework to regulate spot cryptocurrency activities, including those conducted by exchanges (MTFs), custodians and other intermediaries of ADGM I was. This follows the need to mitigate any potential risks associated with cryptocurrency activity and demonstrates that security remains a top priority for market dynamics themselves.
Not only is the Venom Blockchain an attractive project for pioneers and early adopters, but it also has outstanding industry experts involved in its development and efforts. Mustafa Kheriba, Dr. Kai-Uwe Steck, When Ottoman Sultan became a foundation A member and fully supported the team on the project, contributing their unique and unparalleled expertise.
Mustafa Keriba Best known as Chairman and CEO of Iceberg Capital. He is an executive of VENOMEX, a multilateral trading facility and administrator of digital assets fully licensed by ADGM’s financial regulators.He is Chairman of the Board of Directors of Mirabank, Australian Gulf Capital and Quantum Age Corporation. member. and a member of the Steering Committee’s Pathway 20 Initiative, Dr. Kai Wuwe Steck Swiss/German lawyer who runs the Pontinova Circle investment group. Mustafa Keriba Named one of the top 50 Mena Fund Managers for two consecutive years, he is well known for creating and building value within the firm. He has held key positions throughout the UAE, Egypt, Jordan, Bahrain, KSA and UK organizations. He was a board member of several local publicly traded companies, Dr. Kai’s FinTech expertise is underpinned by Pontinova’s network in Switzerland, the EU and the UAE. Interested in the future of the project, they are veterans in the field and the team’s dedication to constant updates for improvement and usability will see the project become one of the leading blockchain platforms in the near future. I believe it will.
Widely recognized and influential figures and experts in the tech sector, investment and entrepreneurship across the MENA region Ottoman Sultan, Shahar M. Khan, Peter Kneth Formed the Advisory Board of the Venom Foundation.
Ottoman SultanFormer CEO of DU Telecom and founder of Fikratech, he is one of the MENA region’s pioneers and visionary leaders with 35 years of experience in the telecommunications sector. Shahar M. KhanFounder of Burkhan World, CEO of Trinity Hospitality Holdings and Burtech, is a strategic investor and considered an economic leader in the new economic theory of Alternative Global Finance and Digital Assets.
Peter KnethFounder of KNEZ VENTURES and former Global Chief Investment Officer of BlackRock, Ph.D., is an adviser and investor in the technology and fintech sectors with a focus on data and data-driven decision-making.
They predict that the industry will need to find a blockchain platform flexible enough to reach and bridge different facets of market players through customized services. The Venom blockchain is claimed to be the platform that brings new and customized approaches to markets around the world.