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Dubai International Financial Centre (DIFC)-based ZENIQ, a platform for digital assets and blockchain technology, has launched a blockchain tokenization platform in Dubai. The newly introduced platform aims to ensure safety in creating and transferring digital assets, offer alternative secure access to liquidity, and tackle the challenges that have been imposed by blockchain technologies.

In partnership with Sheikh Saeed bin Hasher Al Maktoum, the blockchain tokenization platform will support the UAE government in achieving a digital economy and accelerating the fourth industrial revolution in the country. ZENIQ is founded by a unique team of blockchain, FinTech, sports, environmental and legal experts on a mission to enhance everyday living with blockchain technology.

In particular, the partnership seeks to capitalize on ZENIQ’s advanced blockchain research & development to launch within a few weeks in the DIFC a platform for the tokenization of physical assets. The user-friendly solution will allow its users access to liquidity in the Dubai International Financial Center (DIFC), and potentially globally, whilst being compliant with best international and local regulatory standards relating to know-your-customer (KYC) and anti-money-laundering (AML) and other laws, without the hassle of the conventional financial and banking services. ZENIQ is working with partners to launch a sustainable, secure, and hassle-free tokenization solution from the United Arab Emirates.

Sheikh Saeed Bin Hasher Al Maktoum comments on the significant partnership, “We are in line with the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President & Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a city that is fully-powered through the blockchain”.

ZENIQ CEO, Mag. Erwin Dokter, said, “ZENIQ isn’t just unleashing the true potential of blockchain technology, it will also provide a new wave of digital innovation and economic opportunities. We have developed an advanced infrastructure and regulatory system for the development and adoption of digital assets and tokenization.”