Blockchain firm ConsenSys has unveiled plans to open an international office in the Dubai Design District (d3), making it the company's second largest operation globally.
As part of the launch, ConsenSys will offer regular blockchain training, events and education, along with engaging the d3 community and providing opportunities in bringing the Ethereum community together in the region.
Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, said: "Using blockchain technologies to build next-generation nations has always been high on our agenda, and there is no better place to witness this strategic transformation than Dubai, which is forging ahead with its aim to be the world's first blockchain-powered city. As Dubai's blockchain Advisor, we are excited about the future and proud to be an integral part of the city's vision."
Lubin also believes the city's blockchain initiative will draw talent from across the globe. "By embracing this revolutionary technology, Dubai has taken the lead and will quickly reap the benefits of this ecosystem by attracting startups, developers, and entrepreneurs into its fold, no more evident than at our vibrant new home in the Dubai Design District," he added.
ConsenSys Dubai office plans to house around 50 employees by the end of the