Blockchain cybersecurity entity partners with Abu Dhabi Blockchain center

Blockchain cybersecurity entity partners with Abu Dhabi Blockchain center

The Abu Dhabi Blockchain Center (ADBC) and Verichains, an entity in finance and blockchain cybersecurity, have partnered to support blockchain developers, businesses, and institutions throughout every stage of their journey, from early development to operational maturity. This partnership reflects a shared vision to provide a secure foundation to promote and develop blockchain technologies in the region, unlocking its potential for economic growth and technological leadership.


“Blockchain innovation can only thrive when it’s built on a foundation of trust and security,” said Abdullah Dhaheri, CEO of The Blockchain Center Abu Dhabi. “This partnership with Verichains brings unparalleled expertise to the region, ensuring that blockchain companies have access to the technical support needed to develop and grow their project. Announcing this initiative at Bitcoin MENA 2024 underscores our commitment to fostering a secure and vibrant blockchain ecosystem for the MENA region.”

Through its comprehensive security services, Verichains will enable developers to tackle key challenges at every stage of the development cycle:

Early Design and Architecture Review: Assisting teams in designing secure and scalable blockchain systems from the ground up, helping projects avoid costly codebase rework.

Audits and Pre-Deployment Assessments: Identifying vulnerabilities in the protocol and smart contracts before projects go live, providing technical assurance for developers, users and investors alike.

Post-Deployment Services: Offering regular penetration testing, threat modeling, and security assessments to keep live projects resilient to emerging risks.

Incident Response Services: Providing rapid response and mitigation services for projects facing security threats, minimizing downtime and protecting assets.

“We are thrilled to bring our world-class security expertise to foster a secure and trusted blockchain ecosystem in the region, fully supporting ADBC’s vision of driving innovation and positioning Abu Dhabi as a global leader in blockchain technology and decentralized ecosystems”, said Thanh Nguyen, Founder of Verichains.

The Abu Dhabi Blockchain Center has signed several partnerships over the past few months. One of them was with Aethir to push forward AI, blockchain and gaming startups.

Aethir and Blockchain Center Abu Dhabi partner for $100 million ecosystem fund

Aethir and Blockchain Center Abu Dhabi partner for $100 million ecosystem fund

Aethir ,enterprise-grade GPU-as-a-service platform on the market, capable of supporting AI and gaming companies of all types and sizes with reliable, secure, and highly scalable GPU computing power and The Blockchain Center Abu Dhabi (ADBC) partnered at Bitcoin MENA to supercharge AI and gaming development through Aethir’s $100 Million Ecosystem Fund.

As per the blog post, the fund comprises of Aethir compute subsidies and token grants for eligible projects, focusing on innovators developing projects in Abu Dhabi and the broader MENA region. ADBC will be the regional onboarding partner for Aethir’s AI and gaming ecosystem grants, as they have expertise in the local Web3 sector.

Aethir’s decentralized cloud infrastructure can efficiently service the most demanding enterprises in the Web3 industry with premium GPU compute resources. Additionally, Aethir’s network of over 33,000 globally distributed Aethir Edge cloud computing devices enables anyone to become a compute provider in our network and support the everyday workloads of our clients worldwide.

ADBC aims to empower businesses, governments, and individuals to leverage blockchain technology for sustainable growth and transformation that can positively impact users’ everyday lives globally. The center’s Incubation & Acceleration Hub provides Web3 startups with comprehensive resources, expert mentorship, and strategic funding.

The grant program will primarily focus on AI and gaming enterprises building projects in the MENA region, focusing on Abu Dhabi with ADBC’s support. Aethir will be the exclusive GPU computing provider for all eligible projects with compute grants, subsidies, and token grants from our $100 million Ecosystem Fund.

ADBC will be Aethir’s exclusive partner for onboarding innovative AI and gaming projects from the MENA region into the ecosystem through Aethir’s grant program.

ADBC will form a committee to source and onboard startups into the Aethir ecosystem, specifically in Abu Dhabi and the broader MENA region, and will offer grantees expertise in regulatory compliance, business strategy, and market entry within the UAE. Furthermore, ADBC will co-host or sponsor events to increase the visibility of grantee projects and create networking opportunities, as well as joint marketing campaigns to promote these projects.

While, Aethir’s role in this partnership will be to provide compute subsidies and token grants to eligible applicants. All grant program applicants must use Aethir’s cloud-computing infrastructure or partner with Aethir through allocations of their native tokens.

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Abu Dhabi Blockchain Center signs MOU with Canadian University

Abu Dhabi Blockchain Center signs MOU with Canadian University

Velocity, the entrepreneurship center of the Canadian University of Waterloo, the number one school in Canada for entrepreneurs has signed an MOU ( Memorandum of Understanding) with The Abu Dhabi Blockchain Center.

The recently launched Blockchain Center in Abu Dhabi seeks to become a global hub for Blockchain and Web3. As per the press release, the collaboration with the University and Velocity will empower Waterloo students, alumni and entrepreneurs with a global network of industry experts and capital to accelerate innovative applications of blockchain in healthcare, government, finance, energy and e-commerce.

The Abu Dhabi Blockchain Center was founded by Waterloo alum and serial entrepreneur Mickey Areibi (GBDA ’18) and expert Abdulla Al Dhaheri. The center focuses on training, events and entrepreneurship to drive blockchain adoption. It aims to empower businesses, governments and individuals for sustainable growth. As digital transformation accelerates, blockchain technology offers transparency, security and efficiency.

“As a proud Waterloo native, I’m thrilled to partner with the University of Waterloo, a global leader in entrepreneurship and talent. Together, we’re bringing an ecosystem of blockchain support to Waterloo, fostering the next generation of blockchain entrepreneurs and innovators to drive startup growth and creating transformative co-op opportunities. This partnership not only strengthens the connection between two thriving ecosystems but also builds a world-class hub for blockchain solutions — rooted in the talent and spirit of where it all began for me, at Waterloo,” says Areibi.

“We’re excited to partner with the Blockchain Center in Abu Dhabi to create unique opportunities for our students and entrepreneurs in blockchain commercialization, education and innovation,” says Vivek Goel, President and Vice-Chancellor at the University of Waterloo.

“As we advance UWaterloo’s vision for a better future for humanity and our planet, we look forward to working together to explore the role of blockchain technology to unlock opportunities in health data, cybersecurity and beyond. Together, we are building a world-class hub for blockchain solutions and driving transformative change around the world.”

The partnership will also integrate with Waterloo’s co-operative program.

“Our partnership with the University of Waterloo combines their legacy of innovation and entrepreneurship with our global network, empowering founders to tackle big challenges and drive lasting impact. Together, we’re fostering a new wave of high-impact founders and trail blazing innovators,” says Dhaheri.

Abu Dhabi aims to become blockchain and Web3 center

Abu Dhabi aims to become blockchain and Web3 center

As Abu Dhabi works to become the center not only for AI development, digital assets but also Blockchain. This week the city inaugurated its first Blockchain center to foster innovation and growth in digital transformation, and establish Abu Dhabi as a leader in blockchain technology.

As per the website, the Abu Dhabi Blockchain Center, located in Abu Dhabi, is a global hub for education, events, venture creation and consultancy services in blockchain and Web3 technologies.

The center encompasses five vital areas of technology focus: Incubation and Acceleration Hub, Venture Capital, and Education and Research and Development (R&D), Consultancy, and Events.

The Incubation and Acceleration Hub will play the role of empowering startups with comprehensive resources, expert mentorship, and strategic funding. Meanwhile, the Venture Capital arm will focus on supporting and investing in Web3 startups and businesses to speed the development and deployment of new blockchain solutions and applications.

The Education and R&D will focus on offering cutting-edge educational programs, certifications, and pioneering research initiatives to advance blockchain knowledge, skills, and technological innovation. The hands-on human resources training center will provide education and R&D to ensure a continuous pipeline of talent and groundbreaking solutions.

The center’s other services include providing expert advisory and consulting services for projects. It focuses on helping both local and international businesses integrate, optimize, and leverage blockchain technology. Additionally, this includes assisting companies in navigating the regulatory landscape for a smooth transition into Abu Dhabi’s dynamic market.

Abdulla Al Dhaheri, CEO of the Blockchain Center, noted, “We are thrilled to launch the Blockchain Center in Abu Dhabi. Our vision is to create a global hub for blockchain innovation, education, and collaboration right here in Abu Dhabi.”

Abu Dhabi ADGM was the first to launch a DLT Foundation regulations, and registered two entities so far. In March ADGM registered its second DLT Foundation,The Finschia DLT Foundation, chaired by Youngsu Ko, as a Distributed Ledger Technology (DLT) Foundation. IOTA was the first to get registered in 2023.