The Bitfury Group, a leading full-service blockchain technology company, has expanded its global operations into the UAE, opening a Dubai office aiming to build blockchain-based solutions for governments and institutions across the region.

“The UAE is an extraordinarily innovative place and a crucial area of growth for blockchain technology,” said Valery Vavilov, CEO of Bitfury.

“We look forward to building new customer relationships and partnerships and designing the products they need to make their enterprises run more securely and efficiently.”

George Kikvadze, executive vice chairman of Bitfury, said the new office opening will advance Bitfury’s commitment to developing blockchain solutions globally.

“Expanding into the Mena region is the natural next step in Bitfury’s mission to bolster blockchain growth and improve systems for governments and business around the world,” said Kikvadze. “The UAE is at the heart of this growth, and we are excited to begin our work in such a dynamic country.”

Nicola Mariani will manage the Dubai office and serve as Bitfury’s new chief legal officer. For the past 15 years, Mariani handled complex local and multi-jurisdictional transactions globally. Previously, he worked as a partner in a leading global law firm.

“Blockchain technology is fundamentally changing many aspects of our society and may be the most important invention since the internet,” Mariani said. “I look forward to working with the Bitfury team to bring state-of-the-art Bitcoin Blockchain products to new customers across the UAE and the region.”

Bitfury’s office is located in the Dubai Design District. – TradeArabia News Service