BitRent Held Private Presentation of the Platform in Dubai

Place/Date: Dubai, UAE - March 12th, 2018 at 8:19 am UTC · 3 min read
Source: LP BITRENT Company

The main guests were decision-makers across the construction market of the UAE: investors and heads of relevant government departments. Before that, the BitRent company took part in the World Blockchain & Token Summit 4th and 5th of March – a momentous event in the global blockchain sector. The BitRent platform take on the role of a key sponsor of the event.

Participants of the BitRent Private Conference

The BitRent Private Conference was attended by investors, whose wealth is worth more than 15’000’000’000 US dollars. These are sheikhs Saif Al Mansoori, Sheikh Sultan Al Nuaimi and investors and

  • Mahendra Patel, one of the key investors in the Middle East real estate market, member of GEAP Group;
  • Mohamed Mahgoub, Chamber of Commerce & Industry;
  • Abdulhakim Al Mulla, Dubai Properties Group director;
  • Aleksandr Pushilin, private investor;
  • Mohamed Fawad Akhmed, CEO of AIP;
  • Maria Marchenko, Kaprika Media founder;
  • Pradeep Padmanabahan, OBS Group director;
  • Yousef El Kurdi and others.

In the course of the presentation we’ve got the agreements of intent signed with well-known UAE developers that dominate the United Arab Emirates area – Dubai Property, 22 carats, Kempinski, Virtue GI.

What Was It All About

BitRent leaders – Dmitriy Starovoitov, Igor Pavlov and Vadim Dashut – invited high-profile businessmen and the UAE officials to demonstrate the potential of a breakthrough solution that will allow to unite construction sector and crypto technologies. The presentation of the platform and first tokenized object – high-rise on the Black Sea coast of Ukraine – attracted the equal attention from construction and cryptocurrency professionals.

The platform founders focused on solving one major problem – release the construction market from conservative and reserved model of operation. Crypto tools will give investors the ability not only to invest funds, but also directly influence construction progress and have comprehensive control over all stages.

World Blockchain & Token Summit

The International Summit participants – 40 speakers from every corner of the world – shared their opinions about the implementation of blockchain technologies into everyday life of city communities and national infrastructure.

The United Arab Emirates stand on the verge of creating a distributed network that will connect all megapolis inhabitants. All users will have an amazing opportunity to utilize the advantages of a a unified information realm that connects transport infrastructure, educational resources, online libraries and so on. The system will inevitably lead to economy optimization and energy usage reduction.

Moreover, the construction area plays one of most important roles in optimizing all sectors. All-round control and transparency of its processes will result in increase of labor productivity, reduction of costs and minimization of corruption in the market.

You can learn more about the platform’s potential and capabilities on the official website.

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