Taibah Valley’s Taibah University has partnered with NY-based fintech blockchain Blocktech in order to launch the “Blockchain Lab,” according to a press release.
Directed by internationally recognized artificial intelligence expert, Professor Walaa Alharthi, said:
“Our team was honored to be invited to New York to train with an original pioneer of this technology. We are excited to share what we learned with our students while using the vast applications of blockchain technologies to serve the entire region.”
It’s said that the Blockchain Lab will focus on “catalyzing blockchain adoption in the Middle East.”
Earlier this year, the United Arab Emirates’ Securities and Commodity Authority (SCA) prepared and approved a set of laws regarding ICOs.
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