As part of its global expansion strategy, the Bitfury group has expanded its operations into the UAE where it has opened an office in Dubai. The full-service blockchain technology firm has opened its new office in Dubai Design District to cater to customers in the region.

The company is known for helping organizations to shift process to blockchain technology systems. The Bitfury Group stated that the opening of its office fits well with the company’s strategy towards commitment in building blockchain based solutions for governments, companies, and institutions across the region.

Bitfury defined

In addition to being the leading full-service blockchain based firm, the Bitfury Group is one of the largest private infrastructure providers in the blockchain ecosystem. It comprises a global team of experts in technology, business, communications, security and civil society. The firm develops and distributes both hardware and software solutions that ensure successful, easy, fast, secure and cost-effective connectivity to the blockchain.

According to Bitfury’s CEO, Valery Vavilov, the United Arabs Emirates (UAE) is an extraordinarily innovative place as well as a crucial area of growth for blockchain technology.

The company is committed to working towards improving the services and systems they provide for the people. They are majorly concentrating on blockchain to deliver safe, secure and trusted solutions.

CEO Vavilov stated that the company is looking forward to building new customer relationships as well as partnerships and designing the products the clients need to make their enterprises run more securely and efficiently.

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

Company’s mission

He stated that expanding into the MENA region is the natural next step in Bitfury’s mission to bolster blockchain growth and improve systems for governments and businesses around the world. He stated that the UAE is at the heart of this growth and that the company was excited to begin their work in such a dynamic country.

Nicola Mariani will be responsible for running the Dubai office. Additionally, he will serve as the company’s new chief legal officer. He boasts of a 15-year experience in handling complex local and multi-jurisdictional transactions globally.