Enya Labs and DMCC Join Forces to Boost Web3 and Blockchain in Dubai
• Enya Labs has signed a partnership agreement with Dubai Multi Commodities Centre (DMCC).
• The DMCC Crypto Centre ecosystem is further strengthened by the significant technology cooperation with Enya Labs.
• Boba Network, the first hybrid blockchain that provides off-chain data and computing, enables smarter applications.
Enya Labs Signs Partnership Agreement With Dubai Multi Commodities Centre (DMCC)
The prominent developer of decentralized infrastructure solutions, Enya Labs, has announced a partnership with the DMCC and Government of Dubai Authority on Commodities Trade and Enterprise. The agreement strengthens the ecosystem of the DMCC Crypto Centre, allowing companies to leverage their current operations with hybrid blockchain solutions provided by Boba Network.
Boba Network: A Hybrid Blockchain Platform
Boba Network is a global platform that enables blockchain and web3 companies to create next-generation decentralized applications (dApps) at lower transaction and computation costs and higher throughput. It provides smart contracts across several different blockchain networks such as Ethereum, Moonbeam, and Avalanche. Furthermore, Boba Network offers developers Hybrid Compute technology which allows them to develop dApps that use “off-chain” data from web2-based systems.
Partnership Strengthens Ecosystem of DMCC Crypto Centre
The partnership between Enya Labs and DMCC will greatly promote expansion of web3 and blockchain enterprises in Dubai by providing them access to Boba Network’s advanced technology solutions. Executive Chairman and Chief Executive Officer Ahmed Bin Sulayem commented on this partnership saying that it was “the true testament to thriving ecosystem” created by DMCC Crypto Centre.
Enya Lab’s Core Contribution to Boba Network
As a Core Contributor to Boba Network, Enya Labs plays an important role in assisting partners who want to take advantage of new opportunities facilitated by hybrid blockchains. The company offers services to customers as well as organizations through its focus on distributed systems engineering and application development spearheaded by Stanford academics and graduates.
The collaboration between Enya Labs‘ expertise in software frameworks along with Boba Networks‘ hybrid blockchain technology will give businesses based in Dubai access to cost saving solutions for creating dApps with increased throughputs. This marks an exciting opportunity for both parties involved as they will be able expand their capabilities together while being able penetrate new markets that have yet been explored before now due to technological limitations