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In recent years, digitalcurrencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted.
In contrast to recent tech fads like NFTs and the metaverse, the focus on AI and ML is well-justified. Cryptocurrencies Market Resurgence The resurgence in cryptocurrency prices and the anticipated halving of Bitcoin in mid-2024 has reignited interest in the potential of distributed ledger technology to reshape the financial landscape.
Whether credit cards, digital wallets, or even emerging cryptocurrencies, Payment Orchestration ensures that merchants can accept various payment options without the headache of dealing with multiple integrations. As more aspects of our lives digitalize, the Metaverse opens a new space in e-commerce.
China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.
The region has witnessed organic growth, with innovative products emerging, particularly those integrating blockchain and cryptocurrencies. Approximately 70 per cent of the Arab world uses Arabic as their default language on smartphones, underscoring the significance of catering to Arabic speaking audiences in the gaming sector.
Themes in focus during this year’s event will include small and medium-sized enterprise (SME) banking, financial inclusion, payments, digital banking, digitalcurrencies and electronic know-your-customer (eKYC). and the metaverse, cryptocurrency, environmental, social and governance (ESG) standards, and fintech for good.
Other trend outlined in the report that are picking up steam this year and which are expected to see continuous momentum include ESG-focused fintech and cryptocurrency. Additionally, the event will explore evolving consumer behaviors and their impact on digital banking solutions.
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