• DMCC, the premier free zone in the world and Government of Dubai Authority on Commodities Trade and Enterprise, has entered into a technology partnership with Enya Labs, a core contributor to Boba Network.
• Utilizing Boba Network, the first hybrid blockchain that provides off-chain data and computation, this partnership will promote web3 and blockchain enterprises in Dubai.
• By using Hybrid Compute technology, dApps can be created that may use “off-chain” data from any web2-based system.
Partnership Between DMCC & Enya Labs
DMCC, the premier free zone in the world and Government of Dubai Authority on Commodities Trade and Enterprise, has partnered with Enya Labs – a core contributor to Boba Network – to further strengthen its Crypto Centre ecosystem by providing significant technology cooperation.
Promotion of Web3 & Blockchain Enterprises in Dubai
By utilizing Boba Network – the first hybrid blockchain that provides off-chain data and computing – this partnership greatly promotes the expansion of web3 and blockchain enterprises in Dubai, allowing smarter applications.
Hybrid Compute Technology for DApps
Enya Labs is a pioneer of software frameworks with a focus on distributed systems engineering and application development. It assists partners in leveraging their current operations to seize new possibilities facilitated by hybrid blockchain solutions. On top of that, Boba Network gives developers access to Hybrid Compute technology which enables them to create dApps that can use “off-chain” data from any web2-based system.
Benefits for DMCC Members
Ahmed Bin Sulayem – Executive Chairman & Chief Executive Officer of DMCC – stated: “The ability of the DMCC Crypto Centre to attract such high-profile impactful players in the web3 space is a true testament to the thriving ecosystem we have created. By bringing Boba Network into our fold through this partnership with core contributor Enya Labs we are further expanding support provided to our members as well as enhancing ways they can scale their operations within Dubai & beyond”.
Overall, this significant technology cooperation between DMCC & Enya Labs enables members to benefit from accessing Boba Network’s Hybrid Compute technology which allows them to create dApps using “off-chain” data from any web 2 based system ultimately allowing companies within the region smarter applications for scaling purposes.