On September 14, Rexy W, the founder of HOO Exchange, and Dr. Farzam, the global executive chairman, were posted on the official website of 2021 FUTURE BLOCKCHAIN SUMMIT, and will attend the conference as invited guests.
According to official information, the Future Blockchain Summit was initiated by the government of Dubai in 2018. It is the first and largest blockchain technology and application exhibition in the Middle East and North Africa region. The summit will be held in Dubai World Trade Center from October 17 to 20, and will last for four days.
During the event, the world's top developers, the most disruptive and innovative companies as well as powerful investors will gather in Dubai to demonstrate the power of blockchain technology to bring change to different fields. In forums such as exhibitions, conferences, seminars, investor programs and hackathons, participants will discuss the three hot topics of blockchain technology in finance, primary and secondary market investment in blockchain industry, and innovative applications of blockchain technology in enabling economic development, social governance and other scenarios.
As seen on the official website of the Future Blockchain Summit, prominent guests from international companies such as IBM, Google, UAE National Archives, UAE Post Group and members of the Royal Family of Dubai will attend the summit. At that time, Hoo Group's products of various business lines and Hoo's blockchain eco-infrastructure will also be exhibited at the conference site as well as on the official website together with the world's leading blockchain companies and innovative technology companies, etc.
Rexy W said that blockchain technology has always been accompanied by controversy since the birth of Bitcoin, but in the last two years, with the expanding scale of users and market, as well as the continuous innovation and maturity of technology, most of the leading economic and technological countries and regions are fully promoting the application and development of blockchain technology. "Hoo was established three years ago and has built a complete ecosystem including digital asset management services and basic public chain, which can not only provide relevant services for investors, developers and enterprises, but also has the ability to provide support for government departments to build a trusted network with blockchain technology as the core."
This also lays a solid foundation for a more ambitious layout of Hoo. Not long ago, Hoo group was invited by the royal family of Dubai to set up a global operation center in Dubai, relying on Hoo's ecological facilities, industry resources, technology accumulation and other services to promote the comprehensive development of blockchain technology and applications in Dubai and the world. Rexy W said that Hoo has been recognized by the local government of Dubai not only because of its own rapid development in the past two years and the results it has achieved to lay a solid foundation, but also benefited from the Dubai government that attaches importance to the development of blockchain and other innovative technology industries.
In the past year, the spot trading volume of Hoo has increased from an average of $80 million per day to about $900 million, with liquidity levels in the top 75% of all CoinGecko exchange statistics, volume levels in the top 95%, and average daily trading volume of futures growing to about $12 billion. In May this year, Hoo also launched Hoo Smart Chain HSC, becoming the third largest exchange public chain after BSC and Heco. After the launch of HSC, Hoo has also completed the construction of the basic public chain for developers and B-end users to provide services and building a complete industrial ecological infrastructure.
According to the reliable news, at present, the global registered users of Hoo exceed 2.4 million, covering more than 120 countries and regions around the world, and the daily active users exceed 80,000. It can be seen from the official website that the current business of Hoo includes various sections such as Hoo International Website (Hoo.com), Hoo Smart Chain, Hoo custody, Hoo Research, Hoo Labs, HooSwap, HooPool, etc.
Dr. Farzam believes that Web3.0, represented by blockchain technology, will become the development direction of the next generation of Internet reform, In the future, the economies of all countries will be closely related to digitalization, and digital assets will become an indispensable part of the national economy of all countries.
As the chairman of Future Trends Group, Dr. Farzam has been concerned about the development of blockchain industry applications worldwide and the regulatory attitude of countries towards blockchain, crypto finance and other related businesses. He believes that Dubai has a strong economy and is also one of the regions in the world that attach the most importance to innovation and technology. "As a new generation digital asset service platform and blockchain technology application developer whose product and business configuration are not inferior to those of the head enterprises, Hoo will promote the rapid development of blockchain technology in Dubai from different perspectives such as investment, technical support and talent training in the future. "
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