UAE a hub of blockchain technology

Jamil Khan, Senior Reporter

Prominent blockchain expert Zijing (Ryan) Xu, also known as Ryan Xu vowed to introduce blockchain through a number of strategic plans in the finance sector, banking and others in the UAE and in the region.

Ryan Xu is one of the most influential key opinion leaders in Chinese digital currency and blockchain community besides the co-founder of Blockchain Global, Collinstar Capital, and Rongyitou Internet Financial Services Co. Ltd and a member of the Asian DACA Blockchain Association and Chairman of HCash Foundation.

Zijing (Ryan) Xu, a prominent blockchain expert and steering power of a number of projects based on blockchain technology, has recently been appointed Chief Strategy Officer and member to the Board of Directors of Code Chain New Continent Limited (CCNC), the leading eco-technology company.

Chief Strategy Officer and member to the Board of Director CCNC, Zijing (Ryan) Xu said that “the UAE has long history as a top financial centre for the Middle East countries and during the COVID-19 pandemic, the UAE with its measures to tackle the issue from controlling the spread of coronavirus to vaccination drive has proved that the country is a better and safe place for the tourists and entrepreneurs to come here. To consider this opportunity, we decided to move our head office here in Dubai and make investment in the blockchain industry to make the technology a new way of business in the UAE and Mena.” Unfolding his plans in the country, Zijing (Ryan) Xu vowed to introduce dirham-based stable cryptocurrency ‘token’ as a new method of payment system in the UAE. “We are finalising our side of work from installing the ‘2nd generation’ crypto mining machines in the country while also waiting for the local regulatory authorities to announce the regulations and start issuing the licence,” said Zijing (Ryan) Xu, Chief Strategy Officer and member to the Board of Directors of CCNC, in an interview in Dubai.