Invited by the Dubai royal family, Hoo will attend the Dubai Future Blockchain Summit
2021.09.14
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Invited by the Dubai royal family, Hoo will attend the Dubai Future Blockchain Summit
As a new-generation digital asset service platform and blockchain technology application developer whose products and business configurations rival those of leading enterprises, Tiger Token will drive the rapid development of blockchain technology in Dubai from various angles such as investment, technical support, and talent cultivation.
2021.09.14 - 02:33:46
虎符HOO
Navigating Web3 tides with focused insightsAs a new-generation digital asset service platform and blockchain technology application developer whose products and business configurations rival those of leading enterprises, Tiger Token will drive the rapid development of blockchain technology in Dubai from various angles such as investment, technical support, and talent cultivation.
On September 14, Rexy W, founder of HOO Exchange, and Hua Zan, Global Executive Chairman, were featured on the official homepage of the 2021 FUTURE BLOCKCHAIN SUMMIT as invited guests.
According to official information, the Future Blockchain Summit was launched by the Dubai government in 2018 and is the first and largest blockchain technology and application exhibition in the Middle East and North Africa region. This year's summit will be held at the Dubai World Trade Centre from October 17 to 20, spanning four days.
During the event, the world’s top developers, most disruptive innovation companies, and influential investors will gather in Dubai to showcase how blockchain technology is transforming various industries. Through exhibitions, conferences, workshops, investor programs, and hackathons, participants will discuss three major topics: blockchain applications in finance; primary and secondary market investments in the blockchain industry; and innovative applications of blockchain in economic development and social governance.
The official website of the Future Blockchain Summit reveals that this year’s event will host prominent attendees from international enterprises such as IBM, Google, UAE National Archives, Emirates Post Group, and members of Dubai's royal family. At the summit, products across all business lines of HOO Group, along with its blockchain ecosystem infrastructure, will be exhibited alongside leading global blockchain and technology innovation companies, both onsite and online.
Rexy W stated that since Bitcoin’s inception, blockchain technology has always been surrounded by controversy. However, in recent years, with growing user and market scales, as well as continuous technological innovation and maturation, most economically and technologically advanced regions have actively promoted blockchain adoption. "Over the past three years, HOO has built a comprehensive ecosystem encompassing digital asset management services and foundational public chains. We not only serve investors, developers, and enterprises but also possess the capability to support governments in building trusted networks centered on blockchain technology."
This has laid a solid foundation for HOO’s broader strategic expansion. Recently, invited by Dubai’s royal family, HOO established its Global Operations Center in Dubai, leveraging its ecosystem infrastructure, industry resources, and technological expertise to advance the global development of blockchain technology and applications. Rexy W acknowledged that HOO’s recognition by Dubai’s local authorities stems not only from its rapid growth over the past two years but also from Dubai’s strong governmental emphasis on fostering innovative technologies like blockchain.
It is reported that over the past year, HOO’s spot trading volume surged from an average daily $80 million to approximately $900 million, placing its liquidity within the top 75% and trading volume within the top 95% among all exchanges listed on CoinGecko. Its derivatives platform now sees an average daily futures trading volume of around $12 billion. In May this year, HOO launched the HOO Smart Chain (HSC), becoming the third major exchange-backed public chain following BSC and Heco. With HSC’s launch, HOO completed its foundational public chain infrastructure, enabling it to provide services for developers and enterprise clients and establishing a fully integrated industrial ecosystem infrastructure.
Insiders close to HOO revealed that the platform now has over 2.4 million registered users worldwide, covering more than 120 countries and regions, with daily active users exceeding 80,000. As seen on its official website, HOO’s business segments include Hoo.com, HOO Smart Chain, HOO Custody, HOO Research Institute, Hoo Labs, HooSwap, and HooPool.
Hua Zan added that Web3.0, represented by blockchain technology, will define the next generation of internet evolution, and future economies will be deeply intertwined with digitalization. Digital assets will become an indispensable component of national economies.
As chairman of Future Trends Group, Hua Zan has consistently tracked the global development of blockchain applications and regulatory attitudes toward blockchain and crypto finance across different countries. He believes Dubai, with its robust economy and status as one of the world’s most innovation-friendly regions, offers ideal conditions for technological advancement. “HOO, as a next-generation digital asset service platform and blockchain technology developer whose product offerings and operational capabilities rival those of industry leaders, will drive rapid blockchain development in Dubai through investment, technical support, and talent cultivation.”
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