#Metaverse companies in the UAE

[dxbapps1]

The Valuable Growing Importance of Mobile Apps in the Saudi Arabian Healthcare Industry

The Valuable Growing Importance of Mobile Apps in the Saudi Arabian Healthcare Industry

Healthcare apps developed by Saudi Arabian mobile app developers are a blessing for the medical sector. This technological marvel benefits patients, medical professionals, hospital workers, and chemists. Apps for mobile health can be utilized to facilitate online consultations, diagnoses, appointments, and the delivery of medical supplies. Mobile healthcare applications are revolutionising the healthcare industry by enhancing communication, efficiency, and service quality.

According to a study estimate, the global market for digital health was valued at USD 85.06 billion in 2019 and is indeed expected to reach USD 230.94 billion by 2026. The global market surely for digital health is indeed projected to grow at a CAGR of 14.9% between 2019 and 2026.

1. Introduction

We have increasingly relied on our smart devices since the dawn of the digital era. We all rely on our cell phones because they have grown into such an integral part of our lives regarding managing our schedules, organizing our job and company methods, remaining up to date via social networks, and scheduling medical visits and healthcare check-ups, among other things.

Due to developments in healthcare, creating apps is now both a necessity and a luxury.

Due to innovation and collaboration from Saudi Arabian app developers Saudi Arabia, the healthcare industry has seen substantial change.

Over the past few years, Saudi Arabian mobile app developers have significantly contributed to the healthcare sector's advancement. 

The Covid-19 epidemic is still running strong, and during this disaster, smartphone applications in healthcare have paved the way for fantastic app development, changing how people view the health industry around the world.

Healthcare systems are increasingly debating whether mobile apps might aid in enhancing transparency, communication, and the cross-border delivery of healthcare services. Here are The mobile application development companies Saudi Arabia and their increasing importance.

2. Saudi Arabian Mobile App Developers Assisting In Healthcare Industry

To help healthcare organizations, mobile application Development Company in Saudi Arabia create unique mobile healthcare apps.

2.1 Promote Instant Access

You can offer patients an online appointment alternative using a unique mobile app. Your patients will get rapid access. As a result, saving them the trouble of traveling to your facility and standing in long lines. And this element boosted the healthcare sector in Saudi Arabia through app developers Saudi Arabia.

 Just download healthcare mobile apps to their phone, then have them register for an account. They can share their health problems with you without fuss because they will immediately connect to you.

2.2 Effective Emergency Case Management

Mobile application development companies in ksa with dedicated apps, hospitals, and healthcare organizations may effectively manage emergency cases. The doctors will be notified of the emergency through the mobile application, and all relevant information will be delivered to the doctor's device.  

Doctors will benefit from the time savings and ability to plan for emergencies. Doctors and other healthcare professionals can expedite the record-keeping and treatment process using a specialized mobile app. And mobile application development companies Saudi Arabia, by this factor, helped Saudi Arabia's healthcare industry.

2.3 Reliable Reports

Even though doctors are only human and occasionally make mistakes, the repercussions are often fatal. Such instances of incorrect diagnosis have decreased because of machine learning and information analytics being used in the healthcare industry. Mobile application development companies in ksa help the patient to receive accurate reports thanks to equipment efficiency and precision.

2.4 Enhancing Coordination

Doctors and medical personnel may quickly communicate with patients thanks to a custom mobile app developed by the leading mobile application development company in Saudi Arabia. Additionally, it can simplify interactions across staff members, labs, and departments working on the same campus. 

Doctors can directly inform patients of their prognosis and give the appropriate drugs. The app will alert doctors, patients, and hospital personnel to upcoming appointments and any papers or documents needed for the diagnosis.

The app created by mobile app development companies in Saudi Arabia will update careers and other staff members on the patient's ongoing care and notify them if any prescriptions are approaching their due dates.

2.5 Simple Wearables Integration For Data Collection

Mobile app developers Saudi Arabia gather information such as heart rate, blood pressure, and other metrics. The mobile app can even be coupled with wearables like pedometers. The mobile app will gather daily updates about a patient's health through wearables and safeguard them in the database.

2.6 Better Patient-Physician Communication

Ensuring patients find meaning in the encounter is one of the most crucial aspects of the modern patient experience. The best approach for patients to believe they receive value from their physicians is through the doctor's appropriate participation. 

Mobile app developers Saudi Arabia give patients and healthcare professionals a chance to communicate more directly. As a result of their interactions with patients, healthcare professionals might make wise decisions. 

2.6.1 Benefits

Mobile applications eliminate the conventional method of communicating with healthcare professionals. 

You may now get healthcare information and guidance whenever you want, wherever.

Mobile apps' accessibility reduces communication obstacles and improves patient experience.

Utilizing mobile applications is a component of a comprehensive strategy intended to enhance patient satisfaction and loyalty while improving the patient experience. People can now reflect more on their health and consult with medical professionals on strategies to get better.

2.7 Better Medical Compliance 

Patients can follow their doctor's directions and medication orders with mobile apps. Through notifications and texts created by mobile app development companies in Saudi Arabia, mobile applications can hold patients accountable by reminding them to take their prescribed medications.

It is still a great approach to give patients immediate access to their health care status and medical information, even though there are no assurances they will read the written prompts or even understand what they imply.

2.8 Simple Payments

One of the most important benefits of mobile app development Saudi Arabia in the healthcare industry must be quick and simple bill payment. Traditionally, making the payment required hours of standing in a queue. Mobile app development Saudi Arabia assists. We can make immediate purchases for ourselves and our loved ones using mobile technology's highly secure payment techniques.

2.9 Modern, Feature-Rich

Saudi Arabian Mobile Apps by Android Application Development Company in Saudi Arabia are Modern and feature-rich today. Some mobile medical applications may determine whether a prescription will expire. Because some patients are unaware of the repercussions of missing doses, timely notifications are a significant issue.

Medical applications may notify patients when to take their medications, provide instructions on how much to take at each interval and require them to confirm that they did so. This makes the patient's experience easier and may speed up healing. 

Android Application Development Company in Saudi Arabia serves as a reminder while also tracking and recording when a particular medication was taken and how many medicines were consumed. This can greatly aid in lowering costs for medical facilities.

2.10 Medical Reports Are Readily Available

The ability for the patient and the physician to obtain medical reports from any location is made possible by the functions of healthcare apps. This information can be retrieved when a patient switches between several healthcare professionals to make medical decisions quickly.  

People, for instance, is a healthcare app for patients and doctors that enables users to save and monitor all their medical applications and devices' data on one platform. Users can search for medical careers for their friends using this tool.

2.11 Improve Healthcare Services Technology

Technology gives customers the most recent information in any area of interest. 

Users can get news about new trends in medical breakthroughs from mobile apps in the Saudi Arabian healthcare sector.

Additionally, it is indeed possible to follow developments in certain medical fields. You can surely keep up with these updates also as a patient or a healthcare practitioner to learn about medical advancements. 

Patients can request alternative therapies or change their dietary habits with increased knowledge.

Additionally, medical professionals can use mobile apps to analyze information gathered from thousands of patients and indeed offer forecasts or various suggestions for future therapies. 

The app's effective ability to track treatment outcomes is indeed a great tool for assisting medical professionals iOS application Development Company in Saudi Arabia in indeed crucial therapeutic decisions.

Those in need receive better care indeed due to less congested hospitals because mobile apps may also deliver fast information and enable people to seek solutions before rushing to the doctor's office. People can make wise judgments thanks to insights from application data.

2.12 Fantastic Business Chance

Compared to other sectors, healthcare has yet to embrace automation and new technologies fully.

More than ever, aspiring business owners are entering the healthcare industry thanks to the integration of powerful innovations like artificial intelligence (AI), Blockchain, and IoT.

 In the long run, medical professionals and healthcare service companies in Saudi Arabia raise their earnings by using healthcare applications to improve consumer satisfaction.

3. Mobile Apps Support Best Practices In Healthcare

Over 85% of people worldwide utilize mobile apps for various services in various industries. Mobile apps by iPad Application Development Company in Saudi Arabia can enhance doctor-patient communication and increase patient knowledge of medication recommendations in the Saudi Arabian healthcare sector. 

As a healthcare professional, you would like your patients to recover as quickly as feasible, but that is impossible if they forget when to take their medications. iOS application development company in Saudi Arabia by healthcare are essential because they promote proper communication, improves patient documentation, and lowers the likelihood of medical noncompliance.

4. Mobile Apps For Healthcare Of Various Types

There are numerous healthcare apps created by Saudi Arabia-based app development companies on the market, and new apps are constantly being created and released. These medical apps can be divided into apps for consumers, healthcare facilities, and professionals in the medical industry.

There are several different kinds of mobile applications utilized in Saudi Arabian healthcare, including:

4.1 Apps For Information And References In Medicine

These medical apps give users access to databases, references, and other tools, including symptom checkers, prescription information, and medical dictionaries.

4.2 Applications For Telemedicine

These apps enable remote patient-provider consultations via video calls or other digital methods, which can be very practical for those living in rural locations or facing transportation challenges.

4.3 Apps For Wellness And Exercise

These apps offer resources for managing stress, keeping track of diet, and measuring physical activity, all of which can aid users in maintaining good health and controlling chronic diseases.

4.4 Apps For Managing Medications 

These apps indeed assist users in keeping track of their prescription regimens, including dosages, timetables, and interactions. Doing so can increase adherence and lower their chance of experiencing negative drug events.

4.5 Applications For Disease Management

These apps, developed by Saudi Arabian mobile app developers, assist users in managing chronic diseases like hypertension, diabetes, or asthma by keeping track of symptoms, sending out reminders, and providing instructional materials.

4.6 Female Health Apps

These programmers aid with issues relating to women's health, such as charting menstrual cycles, tracking fertility, and monitoring pregnancies.

4.7 Apps For Mental Health

By developing apps, Saudi Arabian mobile developers support mental health issues, including depression, anxiety, or addiction, through cognitive-behavioural therapy, meditation, and other therapies.

4.8 Personal Health Record Applications

Users of these apps can keep and manage their health information, including test results, allergies, and medical histories, which can assist in maintaining the continuation of care and lower the chance of medical mistakes.

5. Which Platform Do Saudi Arabian Mobile App Developers Use For Their Apps For The Healthcare Sector?

Fresh opportunities for application development have emerged because of the ongoing advancement of various technologies.

Health or mobile healthcare apps shouldn't just be used to make appointments. Patients should receive helpful information from it, and concerns should be immediately resolved. For this reason, you must be certain that the platform and technologies you use to create your mobile app are appropriate. App development Saudi Arabia considers the following prominent technology trends while creating healthcare mobile apps:

5.1 (AI) Artificial Intelligence

The healthcare sector gains a lot of advantages from artificial intelligence (AI). AI technology aids physicians in making better data-driven judgments. AI can increase the effectiveness of both the diagnosis and treatment processes.

5.2  IoT, Or The Internet Of Things

The IoT (Internet of Things) platform connects various electronic devices, programs, and apps to collect data and manage operations across platforms.

Doctors can get important data regarding the patient's current health status, medications, dosages, and treatment progress using IoT integration.

5.3 Blockchain

Blockchain may already be familiar to you because of the craze around cryptocurrencies like Bitcoin. Blockchain technology stores verified records of every transaction in a peer-to-peer database. This technology by app development Saudi Arabia enables you to securely collect and save patient medical histories in your healthcare mobile app. 

5.4 Fourth Generation (AR)

Augmented reality, or AR, is a digitally styled representation of the real environment. It expands pictures, movies, and other information from the actual world.

The experience and effectiveness of training and direct patient care can be significantly improved using mobile AR applications for doctors and surgeons. To help clinicians better comprehend the viability of a certain procedure or diagnosis, it can encourage real-world experience.

5.5 Massive Data Analysis

Big Data offers sufficient data, statistics, and figures that can be handled by high-end software.

It can reduce the need for paperwork by assisting facility investors, healthcare providers, and physicians in managing a vast volume of records and resources.

6. Wrapping Up!

App development companies in Saudi Arabia are merely advancing the growth and developments of the healthcare sector, which have long been on the increase. The healthcare industry and the entire world will benefit from healthcare mobility solutions, as are healthcare app developers in Saudia Arabia. 

Saudi Apps, an ipad application Development Company in Saudi Arabia, has worked on various inventive and unusual mobile healthcare applications Saudi Apps' primary goal is to empower healthcare organizations by creating innovative solutions.

Our team has produced several excellent medical mobile apps, so we understand the value of a wonderful user experience. If you want to construct a special mobile medical app or have any queries about mobile health technology, feel free to contact us.

FAQS

1. What healthcare advantages exist in Saudi Arabia?

No matter their work situation, all residents have access to free healthcare. No out-of-pocket costs are required for those who work in the public sector, whether locals or foreigners.

What are the Saudi Arabian health issues?

The Saudi Arabian healthcare system is dealing with several issues, such as an ageing population, a rise in chronic illness, and a lack of qualified medical personnel.

2. How much is spent on healthcare in Saudi Arabia?

The entire cost of healthcare in Saudi Arabia in 2020 was 49.1 billion dollars. The analysis estimates that Saudi Arabia will spend 77.1 billion US dollars on healthcare in 2027.

3. How does AI fit into health informatics?

Artificial intelligence (AI) by app development companies in Saudi Arabia in healthcare enables medical personnel to make better choices based on more precise information, which saves time, lowers costs, and generally improves medical data management.

4. What are a few advantages of apps created with mobile development kits?

Faster development

Improved compatibility

The utilization of third-party tools and services

Effective resource management,

Simple integration

[backersoft9]

Exploring the Leading Metaverse Companies in the UAE

As the metaverse gains traction globally, the Metaverse Companies In Uae companies are at the forefront of driving innovation and pushing the boundaries of digital experiences. From interactive education to virtual real estate, these metaverse companies are shaping the way we interact with technology and each other. With their commitment to technological advancement, the future holds exciting possibilities for the metaverse landscape in the UAE.

[calibraint]

Top 10 NFT Development Companies

Top 10 NFT Development Companies

The emergence of blockchain technology has ignited a wave of innovation, reshaping industries across the globe. Among its most revolutionary outcomes are cryptocurrencies and non-fungible tokens (NFTs), which have opened exciting new possibilities for the digital art world and are seen as a key element in the future of the digital economy.

But what are NFTs exactly? Non-fungible tokens are unique digital assets based on blockchain technology, setting them apart from traditional currencies that can be exchanged one-for-one. Like physical art, NFTs allow for ownership to transfer from one person to another, enabling individuals to buy, sell, and trade digital art on prominent NFT marketplaces—sometimes for substantial profits. Artists are also benefiting, with figures such as Beeple making headlines after selling an NFT artwork for $29 million.

Here are some of the top companies driving NFT development across the globe:

1. Calibraint

Calibraint is a leading NFT development company based in the USA, offering a range of services such as NFT minting, smart contract development, marketplace creation, real estate tokenization, peer-to-peer exchanges, and crypto collectibles. Founded in 2015, Calibraint has earned a solid reputation for delivering innovative solutions globally. Their hourly rates range from $30 to $50, with a minimum project size of $10,000. The company also specializes in mobile and web development, blockchain solutions, and custom software development.

2. SemiDot Infotech

SemiDot Infotech, based in the USA, is a top NFT development firm that offers services like NFT minting, smart contract creation, IPO development, real estate tokenization, and white-label NFT marketplace development. Founded in 2011, the company serves clients in the USA, UAE, UK, and India, with an hourly rate of $25 to $30 and a minimum project size of $5,000. SemiDot Infotech also excels in mobile and web development and wearable app development.

3. LeewayHertz

LeewayHertz is an established NFT development agency in the USA, specializing in Web3 solutions such as blockchain, DeFi, gaming, and the metaverse. Founded in 2011, LeewayHertz has worked with major clients including P&G, McKinsey & Company, and ESPN. They charge an average hourly rate of $50 to $99, with a minimum project size of $10,000. The company has offices in San Francisco, New York, Chicago, and India.

4. Appinventiv

Appinventiv is a global leader in digital engineering with more than nine years of experience in blockchain and NFT development. Their team of over 1,600 certified tech experts ensures industry-leading security and a seamless user experience. Founded in 2015, Appinventiv's hourly rates range from $25 to $50, with a minimum project size of $25,000. Notable clients include KFC, Adidas, and IKEA.

5. PixelPlex

PixelPlex, with over a decade of experience, is recognized for its innovative work in blockchain and NFT development services. Having successfully completed over 450 projects, they offer blockchain solutions, business consulting, and big data consulting. Founded in 2007, PixelPlex charges $50 to $99 per hour, with a minimum project size of $25,000. Their client roster includes Microsoft, Oracle, and BMW.

6. Antier Solutions

Antier Solutions is a leading NFT development company, offering tailored services for startups and entrepreneurs. With expertise in cryptocurrency development, P2P exchanges, and metaverse solutions, Antier provides scalable blockchain and NFT services. Founded in 2005, the company has an hourly rate of $25 to $49, with a minimum project size of $10,000.

7. Cronj

Cronj is a prominent NFT development company in the USA, specializing in NFT marketplace creation, NFT smart contract development, and marketplace support. Established in 2012, Cronj offers competitive pricing, with an hourly rate of under $25 and a minimum project size of $1,000. Their clients include Unilever, Nokia, and Apollo Hospitals.

8. Tokenminds

Tokenminds.co is a standout NFT development firm in the USA, known for offering a comprehensive suite of services tailored to various industries. Founded in 2017, they offer blockchain and NFT solutions with an hourly rate ranging from $25 to $49 and a minimum project size of $20,000.

9. Artjoker

Artjoker is a well-regarded NFT token development company specializing in Web 3.0 solutions. With over a decade of experience, Artjoker has built a strong reputation in various niches. Founded in 2006, their hourly rates range from $50 to $99, with a minimum project size of $20,000.

10. Blockchain App Factory

Blockchain App Factory is a leading player in the NFT development space, specializing in Web 3.0, ICOs, STOs, and DApps. Founded in 2013, they offer extensive blockchain development services with an hourly rate of $25 to $49 and a minimum project size of $20,000.

[alphacodrtechnologies]

Top 10 AI Development Companies in UAE

Are you trying to find the best AI development companies in UAE? In various industries, artificial intelligence has transformed communication and viewpoint. The growth of AI enterprises in the United Arab Emirates shows its wide-ranging effects across multiple domains. This is a list of the best companies offering AI solutions to improve your company's operations. The artificial intelligence development solution must integrate seamlessly with your company. Without human input, artificial intelligence can easily make decisions on its own, identifying and fixing mistakes before they harm. Go through the list and select the best AI development company that suits your company's needs to get the top AI solution provider.

Top AI Development Companies in UAE

1. AlphaCodr Technologies LLC

When it comes to managing the complexities of technology to propel corporate success, AlphaCodr is your reliable partner. Their area of expertise is matching businesses with top-tier IT service providers with dedicated technical experts worldwide. By providing the top personnel for your IT solutions needs, they are hoping to encourage businesses. With a remarkable 97% project delivery success rate, AlphaCodr has proven a track record of producing outstanding results. Their mission is to support you in effectively and efficiently achieving your business objectives. They can help whether you're a business seeking skilled IT solutions or a startup in need of web development.

2. OpenXcell

Leading the way in AI-driven innovation, Openxcell provides innovative software development services that help companies grow into the future. They have successfully delivered over 1000 revolutionary solutions with a global team of more than 500+ people, with a focus on blockchain technologies, web and mobile app development, AI strategy, and custom LLMs.

3. Beyond Eris Solutions

Based in Dubai, Beyond Eris Solutions is an innovative software development company that specializes in automation and artificial intelligence. By incorporating the newest intelligent technology into corporate operations, they are committed to accelerating the worldwide digital transformation. By giving them the resources and tactics they require to stay ahead, they hope to assist them in navigating and prospering in the fast-paced, competitive world of today. 

Their service offerings are tailored to our clients' various demands. They provide AI Transformation, which helps companies with everything from the creation of AI-powered products to continuing upkeep. Natural language processing, computer vision, chatbots, neural networks, automation, and machine learning are all included in this.

4. QuantumFind AI

QuantumFind AI is a specialized AI chatbot development firm with a mid-sized staff committed to supporting enterprise-level clients in industries like medical aesthetics, healthcare, real estate, education, tourism, and beauty. The business provides a wide range of services, such as professional AI deployment management consulting, AI chatbot design, development, integration, and automation.

5. Montenegro Systems

Montenegro Systems provides simple AI, generative AI, neural networks, and more AI development services. Natural language processing (NLP), computer vision, machine learning, deep learning, optical character recognition (OCR), and robotic process automation (RPA) are all included in their solutions. They support AI development at every stage, from gathering data to deploying models. With more than 15 years of experience, they offer consultation, research, design, engineering, and integration services, with a focus on creating custom AI applications for web, mobile, and cross-platform requirements.

6. WDCS Technology UAE

WDCS Technological is a top supplier of technological services in the United Arab Emirates. Offering state-of-the-art solutions in cutting-edge technologies including AI development, blockchain, IoT, AR/VR, and Metaverse development. Naturally, companies may also benefit from our demonstrated proficiency in Cloud DevOps, eCommerce, mobile app development, and web development. As a vibrant workforce, we are more than just a software business—we are your collaborators in turning concepts into reality. We provide customized solutions with an enthusiastic team of professionals,

7. VentureDive

An AI and data firm with multiple awards that is committed to using cutting-edge technology to improve lives all across the world. Since its founding in 2012, VentureDive has led digital transformations for Fortune 500 organizations in the BFSI, CPG/retail, healthcare, transportation, logistics, and QSR sectors, and it has accelerated the growth of two tech unicorns, Careem and Motive. With its global presence including Silicon Valley, London, Riyadh, Portugal, Dubai, and Pakistan, the corporation has its headquarters located in Mountain View, California. With more than 947 projects completed successfully, VentureDive is a prime example of excellence thanks to its Tech Centre of Excellence (COE) and a seasoned staff of experts with a strong foundation in data and artificial intelligence.

8. Daffodil

Daffodil, is a top-ranked artificial intelligence development company in Dubai, that specializes in creating recommendation systems that make use of machine learning techniques. We deliver AI solutions that provide personalized suggestions for products, services, or content based on an analysis of user preferences, habits, and historical data. Their goal is to drive revenue growth and customer loyalty by improving user engagement and satisfaction across industries like e-commerce, streaming services, and online platforms.

9. Alltegrio

Alltegrio provides generative AI services to help companies leverage data and artificial intelligence to drive innovation and growth. Their team supports the development of new products and business processes. Through their AI Development Services, Alltegrio assists in transforming concepts into reality. Their skilled professionals create tailored AI solutions, ranging from advanced algorithms to intuitive applications. Additionally, their AI Strategy Consulting Services enable businesses to uncover the potential of their data assets. Alltegrio offers expert guidance and support, covering everything from strategy creation and execution to optimization of business operations.

10.TekRevol

TekRevol is a global leader in digital innovation and is committed to developing advanced products that include mobile applications and AI-enhanced software solutions. Their goal is to empower businesses to outperform competitors and increase ROI through cutting-edge technology. With a diverse clientele spanning the US, Europe, and the MENA regions, TekRevol supports business growth across various industries, including Education, Real Estate, FinTech, Healthcare, On-Demand services, E-commerce, and Automotive. Their mission focuses on driving growth by embracing technological advancements and paving the way for a brighter, more innovative future.

Wrap Up:

The success of your business might be greatly affected by your choice of AI development company. With their own specialties and creative solutions, the companies on the above list are among the best options available in the United Arab Emirates. Choose the best partner to guide you in the constantly changing artificial intelligence landscape and expand your business by evaluating your unique needs and objectives.

[structuralengineering]

String Metaverse eyes 30M users by 2027 with free gaming model

String Metaverse, a Web 3.0 powered by community-driven artificial intelligence, is set to revolutionize the gaming industry with its ambitious growth plans. As the first Web 3.0 company to be listed on the Bombay Stock Exchange (BSE), String Metaverse is making waves in blockchain gaming and AI innovation. With over 1.8 million users currently engaged across its IdleMine and String Games platforms, the company is on track to reach 30 million users by 2027.

Krishna Meenavalli, Founder of String Metaverse, said, “Our goal is to create an ecosystem where gaming is free, engaging, and rewarding for all. We believe in an attention economy that values time over money, and this principle drives us as we continue to launch innovative products that redefine the Web 3.0 space. We are excited about the potential to reach 30 million users, providing them with unparalleled gaming experiences driven by AI and blockchain technology.”

In the coming months, String Metaverse will roll out ten new products, including its own Web 3.0 browser, AI-powered versions of popular games like rummy and poker, and a Web 3.0 digital arcade offering both retro and modern games. The free-to-play model will allow players to immerse themselves in skill-based entertainment while utilizing cutting-edge advancements in AI and blockchain.

Additionally, the company plans to introduce decentralized eSports through a Layer 2 platform, transforming competitive gaming with transparent and fair blockchain-based tournaments.

With the attention economy valued at over $7 trillion globally, String Metaverse aims to lead the charge in this growing sector. The company’s gaming platforms are designed to engage players for at least one hour a day, contributing to billions of seconds of daily interaction across its platforms.

With regulatory approval to operate AI and blockchain nodes in the UAE, String Metaverse is also leveraging its Decentralized Physical Infrastructure Network (DePIN) to democratize AI. This groundbreaking approach enables users to contribute GPU computing power in exchange for digital assets, fueling a new community-powered creator economy.

String Metaverse is set to redefine the future of digital economies, AI, and Web 3.0, offering users and developers the tools to shape their digital experiences

Disclaimer: The views expressed in this article are published by ET Insights.

https://etedge-insights.com/in-focus/trending/string-metaverse-eyes-30m-users-by-2027-with-free-gaming-model/

[amazing-lucky-life-of-bushra]

Passion bloom .. risk taker

Fashion is a big part of my life. I love clothes, designer clothes and design and colour and texture and history and wearing it.

It goes into the bucket of all the things I dreamed of being part of doing and wearing ... and ticking off.

And it was a huge undertaking steering my life into it.

Imagine you are in your 20s, you have followed mostly science for your whole life, got into on of the top science unis, graduated with not the best degree but still did in one of the hardest science degrees, and got into a career in database programming in the city - mostly financial services. All your mates were in city, tech or science related jobs. It had afforded you to buy your own place.

And you wanted to do fashion.

What would you do ? How would you do it ?

That's where I was at 28. And through all my short courses I managed to get a portfolio together to get into one of the best fashion colleges. And then pushed myself into sustainable fashion whilst doing my fashion degree - where I pushed myself to get the highest mark of the year in my marketing module and created the only sustainable fashion collection of my year for the catwalk. Risk.

Tick.

And then another design degree .. a masters at central saint Martin's and came top of my year. While renovating houses and travelling the world. Risk.

Tick.

By the way people do degrees to meet people, express yourself and generally have fun. It's a fun thing to do. I would recommend it to anyone at any age. Risk.

Tick.

Probably hard work. Probably not a normal brain. No normie certainly could have done this.

In fact one thing Julian said was that ... whatever you do never ever change the way your brain works. Do not take medication. Bushra your brain fell out of the not normal brain tree and hit ever branch... but that's what makes it special. It did however mean he had to look after the admin, the finances and the practical domestic stuff. He would joke he was my carer.

It worked. Until I had miscarriages in my late 30s which definitely set me back - I then felt real sadness. This led finally to becoming a mother and having a step change while Persia was little.

But I was still going full force till the stupid stalker situation & my mum dying. But then I dealt with it exactly as I should have done .. well ... I pushed myself out of grief and in my late 40s managed to become a police woman and arrested criminals. I mean who the hell decides to deal with a stalker by actually becoming a policewoman. It's like out of a movie.

Risk.

Tick

And then I pushed myself to do 6 travelogue issues of my metaverse magazine visiting countries during covid. Risk.

Tick.

And then I pushed myself again to go to web3 events internationally and made sure people knew who I was. A nobody. It was a risk.

Tick.

And then I pushed myself to setup a social impact company despite my father dying and going through a divorce and moving house and dating the crazy crypto king. Living and working together.....RISK.

Tick.

And then I pushed myself to establish governance and social impact ... in the crypto world .... name one other person in the industry who has done that. I said this straight to face. Not through other people. But me to the face of THE crypto king. Risk.

Tick.

And then I pushed myself to again travel to different countries to understand what was needed. Risk.

Tick.

And then I did not push myself but I got a pull to the middle-east, fasted, prayed ... like a miracle ... kicked my stalker to the kerb.

Tick. Tick. Tick.

And got to try on and buy some of the most of beautiful clothes I have ever seen in both UAE and Saudi Arabia. I honestly felt like the little girl who dreamed this when I was 10years old.

And then I pushed myself to restart my metaverse blog. Risk.

Tick.

And now just like that without having to do anything, my other stalker just disappeared into thin air. Risk.

my life might be a movie.

Tick.

Just like magic.

Abracadabra.

[p5ravin]

Dubai aims to secure a position among the top 10 metaverse economies globally.

Dubai has officially launched its Metaverse Strategy, with ambitious goals of creating over 40,000 new jobs and establishing 4,000 new companies within the sector. Currently, there are 1,000 companies operating in Dubai's blockchain and metaverse industry, contributing $500 million to the national economy.

The strategy was announced by Dubai's Virtual Assets Regulatory Authority on May 4, when it inaugurated the world's first regulatory Metaverse HQ. Subsequently, on July 18, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of the Executive Council, formally introduced the Dubai Metaverse Strategy.

This comprehensive 5-year plan aims to bolster Dubai's position as a global metaverse hub, with specific targets including quintupling the number of blockchain and metaverse companies to 5,000, generating 40,000 virtual jobs, and adding $4 billion to Dubai's economy. Dubai aspires to become the leading metaverse economy in the region and rank among the top 10 globally.

The strategy is structured around five pillars: promoting innovation and economic contributions in the metaverse, nurturing talent through education and training, integrating metaverse applications into Dubai's government services, advocating for safe platform adoption and global scalability, and refining infrastructure and regulations.

Building on its current success in attracting 1,000 companies to the blockchain and metaverse sectors, Dubai aims to capitalize on early adoption of metaverse technology to position itself as a global leader in digital solutions. This aligns with the vision of Dubai's leadership, particularly His Highness Sheikh Mohammed bin Rashid Al Maktoum.

The United Arab Emirates (UAE) is actively participating in shaping a worldwide strategy to commercialize the metaverse, with Dubai leading the charge. The city introduced a digital business license in 2019 and unveiled Metaverse Dubai as the world's first virtual megacity on December 27, 2021.

The establishment of the Virtual Assets Regulatory Authority's Metaverse HQ on May 4 underscores Dubai's pioneering role in regulatory innovation within the metaverse landscape.

[drewssam]

Dubai Aims to Secure a Position Among the World’s Top 10 Metaverse Economies

Dubai's ambitious foray into the metaverse has taken a significant step forward with the official launch of the Dubai Metaverse Strategy. Spearheaded by The Crown Prince of Dubai and Chairman of the Executive Council, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the strategy sets out to propel Dubai onto the global stage as a leading metaverse economy, fostering innovation, job creation, and economic growth in the sector.

At the heart of the Dubai Metaverse Strategy lies a comprehensive 5-year plan aimed at bolstering the emirate's metaverse and blockchain sectors. The strategy outlines ambitious targets, including quintupling the number of blockchain and metaverse companies to 5,000, creating 40,000 virtual jobs, and injecting an additional $4 billion into Dubai's economy. Furthermore, Dubai aspires to secure a coveted position as the #1 metaverse economy in the region and one of the world's top 10.

To achieve these goals, the strategy encompasses five key pillars:

Fostering innovation and economic contribution in the metaverse sector. Cultivating talent through education and training initiatives. Developing metaverse use-cases and applications within the Dubai government. Advocating for safe platforms on a global scale. Refining infrastructure and regulations to support metaverse growth. Dubai's ambition to excel in the metaverse sector builds upon its existing success, with 1,000 companies already contributing $500 million to the emirate's economy. With its early adoption of metaverse technology, Dubai is poised to lead the charge in digital innovation, aligning with the visionary outlook of His Highness Sheikh Mohammed bin Rashid Al Maktoum.

United Arab Emirates (UAE), including Dubai, has emerged as a key player in shaping the future of the metaverse, exemplified by initiatives such as offering digital business licenses and unveiling the groundbreaking Metaverse Dubai project. Additionally, the Virtual Assets Regulatory Authority's establishment of the world's first regulatory Metaverse HQ underscores Dubai's commitment to pioneering advancements in this burgeoning industry.

[priyankashares]

Metaverse Investments: Exploring Opportunities in Virtual Real Estate

Ever thought of one day when you could help buyers explore properties remotely, and experience the ambiance, and surrounding area without the need to travel?

Well, the metaverse is making all of it possible.

With the uprise metaverse, now real estate agents can showcase properties to buyers anywhere in the world, transcending traditional borders and expanding reach. That being said, we are here to explore the potential of the metaverse for real estate. So, let’s know how the metaverse is benefitting real estate and why you should invest in it.

Why Invest in the Metaverse?

The metaverse offers a treasure trove of benefits for the real estate industry, impacting different aspects from marketing and sales to ownership and community building.

The GCC countries are coming to the forefront in the metaverse world. It’s predicted that by 2030, the metaverse could bring in $15 billion into the GCC economies. One of the leading metaverse economies in the region, Saudi Arabia would infuse $7.6 billion, while the UAE would bring in $3.3 billion. In the UAE, Dubai launched its metaverse strategy, promising to generate over 40,000 jobs in the next 5 years. The rapid adoption of the metaverse in real estate is fueled by tech-savvy youth and internet user rates.

Many companies have already invested big money in the metaverse real estate market, some of them are:

List of top companies in the Metaverse Real Estate Market:

Decentraland Foundation

Linden Lab

ShibaLand LLC

Somnium Space LTD.

SuperWorld Inc.

TandB Media Global Thailand Co. LTD.

The Sandbox

Let’s explore more about the transformative benefits of the metaverse for real estate:

Saves realtor’s effort and time

Accompanying clients for house hunting, showing homes, and driving around are too tedious and require much effort. By investing in the metaverse, you can give virtual tours to clients and help them explore the property in and out on their laptops or smartphones. This will not only cut down your time and efforts but also draw in more clients due to the convenience you will provide.

Offers a Global Reach

By welcoming the metaverse, realtors can actually enhance their productivity. VR not only provides convenience but also expands client reach, leading to more potential sales and inquiries. By leveraging VR, realtors can give property tours to clients all over the world.

When it comes to revenue generation, the global demand for the metaverse Real Estate Market was worth USD 358.0 million in 2020. It is expected to reach USD 3600 million by 2025.

As per this article, the global Metaverse Real Estate market size will reach USD million in 2028, growing at a CAGR of Percent over the analysis period.

To put it in short, the use of the metaverse by realtors can streamline their workflow, boost productivity, increase sales, and improve client experience. Because of such benefits, the metaverse is poised to become an important player in the real estate landscape.

Provides Immersive Customer Experience

3D walkthroughs can really be a showstopper of your property tour. Customers get to have their own space to explore the property freely and ask questions, if any. Metaverse platforms can help you add even the minor details on the property in the design. Customers can have a view from the balcony, they can see lights, the storage area, the natural lighting coming through the window, and much more. Such a “never-seen-before” experience can excite customers to take the next step in their buying process.

Offers home buyers unlimited design options

Physically staging a property tour comes with the need to overcome many logistic challenges. For example, setting large pieces of furniture in the house and with small hallways needs a lot of hassle. This can be a tiresome act and can limit the buyer’s design options.

Transactions within the metaverse can be openly tracked and verified on blockchain ledgers, enhancing compliance with financial regulations. By prioritizing security and privacy in their metaverse endeavors, banks can differentiate themselves from potential competitors.

Real-Time Financial Services

The Metaverse with its dynamic characteristics, allows banks to offer real-time services. Be it consultations, transactions, or dispute resolutions, everything can happen instantly, regardless of time or place. This can tremendously boost customer satisfaction and upscale banking operations.

To avoid that, realtors can go for virtual staging. This will help buyers choose furniture or decor as per their liking and see what will look best in the space. The options will be many and the customers will definitely be satisfied with the experience.

Realtors can even select a different standing design according to the preferences of each buyer, helping customize the experience even more.

The metaverse is a game-changer. It redefines marketing, enhances experiences, streamlines processes, and opens doors to new sales opportunities. As this technology evolves, the real estate landscape needs to adapt and embrace the endless possibilities offered by the virtual world.

Conclusion

Be it for a boost in sales, convenience, cost, or time-saving benefits, the metaverse is reshaping the real estate industry. The real estate companies that embraced this revolution have already started getting profitable results. So, why stick with the traditional real estate marketing process? Leverage the potential of the metaverse and become the industry leader you were meant to be.

Our team of metaverse experts at ibentos guides you every step of the way, ensuring you make the strategic choices that maximize your growth. Ready to carve your niche with us? Contact us today and let’s build your metaverse masterpiece.

Source: https://ibentos.com/blogs/metaverse-investments-exploring-opportunities-in-virtual-real-estate/

[backersoft9]

Professional Web Design Services in Dubai: Building a Digital Presence for Success

Introduction:

In today's digital age, having a strong online presence is crucial for businesses to thrive. A well-designed website not only captures the attention of potential customers but also reflects the professionalism and credibility of your brand. When it comes to web design services in Dubai, businesses can rely on the expertise and innovation offered by experienced professionals. This article explores the significance of web design services in Dubai and how they can help businesses establish a strong foothold in the digital landscape.

Captivating Web Design:

Web design services in Dubai are dedicated to creating captivating websites that make a lasting impression on visitors. With a team of skilled designers who understand the nuances of user experience (UX) and user interface (UI) design, these services ensure that your website is visually appealing, intuitive to navigate, and optimized for various devices. By incorporating eye-catching graphics, seamless navigation, and engaging content, a well-designed website entices visitors to explore further and increases the chances of converting them into loyal customers.

Responsive and Mobile-First Approach:

In a city known for its technological advancements, it is essential for businesses to adopt a responsive and mobile-first approach to web design. Web design services in Dubai prioritize creating websites that seamlessly adapt to different screen sizes and resolutions, ensuring optimal user experience across devices. With the majority of internet users accessing the web via mobile devices, having a mobile-friendly website is not just an advantage but a necessity.

Search Engine Optimization (SEO):

Web design services in Dubai understand the importance of search engine optimization (SEO) in driving organic traffic to your website. By incorporating SEO best practices into the design process, these services ensure that your website is optimized for search engines, making it more visible to potential customers. From keyword research and on-page optimization to meta tags and URL structure, SEO-friendly web design helps improve your website's ranking in search engine results pages, ultimately driving more targeted traffic and potential leads.

Customization and Branding:

Every business has its unique identity and target audience. Web design services in Dubai recognize the significance of customization and branding in creating a distinct online presence. These services work closely with businesses to understand their goals, values, and target market, enabling them to design a website that aligns with the brand's personality and resonates with its audience. By incorporating brand elements, color schemes, and typography that reflect the essence of the business, web design services create a cohesive and memorable user experience.

Enhanced User Experience:

User experience plays a vital role in the success of a website. Web design services in Dubai focus on delivering an exceptional user experience by ensuring intuitive navigation, fast loading times, and clear calls to action. By creating user-centric designs, these services help visitors find the information they need quickly and effortlessly, resulting in increased engagement, longer browsing sessions, and higher conversion rates. A positive user experience establishes trust, encourages repeat visits, and boosts customer loyalty.

E-commerce Integration:

For businesses looking to sell products or services online, web design services in Dubai offer seamless e-commerce integration. Whether it's building an online store from scratch or optimizing an existing one, these services provide the necessary tools and expertise to create a secure and user-friendly shopping experience. From product catalogs and payment gateways to inventory management and order tracking, an e-commerce-enabled website opens up new avenues for businesses to reach a wider audience and increase sales.

Conclusion:

In the dynamic business landscape of Dubai, a well-designed website is an indispensable asset for any business aiming to succeed online. Web design services in Dubai combine creativity, technical expertise, and a deep understanding of user behavior to craft visually appealing and user-friendly websites that drive engagement and conversions. By investing in professional web design services, businesses can establish a strong digital presence, enhance their brand image, and stay ahead of the competition in the ever-evolving world of online business.

[abdulsamad1]

UAE’s First-Ever Metaverse: What Business Opportunities a Metaverse Can Bring?

Explore the UAE's groundbreaking Metaverse, revolutionizing digital interaction. Unlock endless business prospects, from immersive virtual experiences to cutting-edge commerce. Seize opportunities in Metaverse development with a leading mobile app development company, driving innovation and connectivity in this dynamic, virtual realm. Elevate your business presence in the Metaverse landscape.

[mobileappsabu]

DXB APPS Pioneering the Mobile App Development Service and Its Solutions for a Progressive Future

We at DXB APPS take great satisfaction in offering customers in the UAE from beginning to end mobile app development services. With a dedicated team of professionals in mobile app development, we're equipped to handle any kind of assignment. We provide the ideal combination of innovation and tailored business solutions. When it comes to providing contemporary mobile app development assistance to startups, corporations, international brands, government organizations, and small and mid-sized businesses in Abu Dhabi, our consulting and expertise are unmatched.

DXB APPS has a varied range of capabilities in mobile app development Abu Dhabi that enable us to work on unique strategy, design, and production demands for your firm. Our dedication to meeting strict deadlines and providing cost-effective services will pay dividends in the UAE!

DXB APPS Transforming Next-Generation Mobile App Development Services In Abu Dhabi

DXB APPS, a mobile app development company Abu Dhabi provides customized and strategic solutions for the domain's unique pain points through online and developing mobile apps in Abu Dhabi, supporting the paradigm transformation of industries towards technology.

·        eCommerce Mobile Apps Development

DXB APPS the top app development Abu Dhabi creates powerful eCommerce mobile apps while providing an omnichannel experience that meets clients where they're in real time. We employ AI/ML algorithms to carefully map all interactions in the customer experience, improving retention, changes, and satisfaction.

·        Logistics Developing Mobile Applications

Addressing the supply chain constraints front, we create load-organizing software and solutions for supply chain management, allowing the supply chain's digital transformation through machine learning and demand forecasting.

·        Healthcare Mobile App Development

In Abu Dhabi, we rely on healthcare mobile app development. DXB APP's best app developers Abu Dhabi meet all regulatory standards, including HIPAA, and recognize the significance of information security in the healthcare business.

·        Fintech App Development Services

We create out-of-the-box financial technology app development options for the financial industry that feature robust security and scalable architecture, giving our clients an exceptional app creation experience that delivers value for their investments while complying with guidelines such as the PCI DSS.

·        On-Demand Services For Developing Applications

DXB APPS best mobile app developers Abu Dhabi provides complete streaming app development services to assist you in creating scalable products that reinvent the user experience with novel features, UI/UX, and sturdy architecture that customers come to appreciate.

·        Game App Development

DXB APPS creates mobile and web-3 games that improve your consumers' gaming experiences while strengthening your company's market position. We create games that redefine the AR/VR and Metaverse experiences.

Select DXB APPS for Solutions Related to Mobile App Development

·        Seasoned Developers of Mobile Apps

DXB APPS provides its clients with the most skilled and competent team of mobile app developers. Their breadth of skills will quickly enable them to understand the demands of your project. Upon shaking hands, a committed team will start working for you.

·        Adaptable Participation

Many of our clients approach us with varying needs, expectations, and resources. DXB APPS mobile app developers Abu Dhabi offer specialized resources, upfront pricing, competitive pricing, and no overhead to precisely satisfy our clients' needs. We are affordable app developers Abu Dhabi and are excited to collaborate with you to offer your company specialized mobile app development services.

·        Agile Procedure

To give our clients the most value possible, we approach every stage of the mobile app development process utilizing the Agile Methodology. It speeds up development and allows us to offer our services at a reduced risk.

·        Total Openness

From the very beginning of our development process, we provide transparency. We update our clients on the status of their projects, provide feedback on modifications at each stage, and provide precise delivery deadlines.

·        Committed Groups

Following in-depth deliberations and assessment, we will suggest a committed group of mobile app developers skilled in providing top-notch solutions across several frameworks and advancements in technology by your project specifications.

·        Competitive Rates

We consistently strive to strike a perfect balance between affordability and unwavering quality to ensure satisfaction on both sides of the equation.

·        Technical Support & Upkeep

The time has come to unveil your unique product to the public after the application development procedure is over. We are the biggest app development company Abu Dhabi and our staff will effectively help you through the store's approval procedure because they are familiar with its subtleties, ensuring a smooth launch.

Why Opt for the Professional Team DXB APPS?

Because we love developing amazing mobile applications!

At DXB APPS, we're always pushing the envelope in terms of what's possible. We do this by developing highly effective mobile apps and coming up with creative ways to construct mobile apps that are on par with the best in the business. Our productivity is continuously fueled by creativity and innovation. Our team of creative thought leaders is committed to assisting you in scaling your business through efficient methods so that you can achieve industry leadership because we genuinely care about your company. If you want to hire app developer Abu Dhabi choose us as our apps are going to fuel your desire for business growth, regardless of whether you are still figuring things out in the industry, building your brand, or establishing the direction of your company in the marketplace.

Pick up DXB APPS today!

We have been developing feature-rich, high-performing smartphone apps for all major platforms Android, iOS, and Windows—for the past ten years. DXB APPS, the best mobile app development company Abu Dhabi, a leader in mobile application development. We can design the ideal app to satisfy all your company's and the sector's requirements. Our agile app design method has a track record of producing extremely adaptable engagement models that include a thorough assessment of your app's objectives and business requirements to guarantee the creation of the best possible mobile solution that is both economical and effective. Employ DXB APPS, the best application Development Company in Abu Dhabi right now to advance your business.

[wdcsuae]

WDCS Technology: Fueling Digital Innovation across Diverse Industries

WDCS Technology is a software development company in UAE that offers web, mobile, cloud, e-commerce, and emerging tech solutions. We have expertise in blockchain, IoT, metaverse, chatbot, AI, NFT, and AR/VR development. Serving diverse industries like finance, entertainment, travel, retail, and healthcare, WDCS is dedicated to turning your vision into reality and catalyzing growth. With a commitment to digital excellence and impactful experiences, WDCS Technology is your partner in scaling boundaries. Ignite innovation in every code, pixel, and interaction��visit their website today for transformative solutions.

[inchbrick-realty]

Want To Buy Property With Cryptocurrency In Dubai ? : Step-By-Step Guide

Virtual currencies such as Bitcoin and Ethereum are actively used to buy properties in real estate. Dubai has gone further than most countries and was the first to introduce the ability to sell, rent or buy real estate using cryptocurrencies or Bitcoin.

The crypto market can be extremely volatile at times, which is why many crypto investors are diverting their funds into a more stable investment such as real estate.

What is cryptocurrency?

Cryptocurrency is basically a digital version of money that is based on cryptographic technology or an immutable code. Cryptocurrencies are based on blockchain technology, which is essentially a decentralised database that cannot be altered or hacked.

Regulation of cryptocurrencies and blockchain in Dubai

VARA was established to provide a secure and advanced operating framework for the virtual asset (VA) sector that is capable of scaling while ensuring market and investor protection, and expects it to regulate the principles of services and activities rather than the constantly evolving products and underlying technologies. This bold move reflects the Dubai government’s confidence that virtual assets are an integral part of the future digital economy and its willingness to establish the emirate as a world capital for virtual assets. Dubai’s Virtual Assets Regulatory Authority (VARA) announced its entry into the metaverse with the establishment of its metaverse headquarters in the dynamic virtual world "The Sandbox".

As the first regulator in the world to debut in the metaverse, VARA aims to ensure that the regulator is accessible to the industry in its environment and facilitate collaboration between global Virtual Asset Service Providers (VASPs), industry thought leaders and international regulators.

Government initiatives

Through these types of projects, the country aims to drive government efficiency, industrial development and international leadership. The blockchain strategy initiatives led by Sheikh Mohammed bin Rashid Al Maktoum will help make Dubai a prosperous city.

The cryptocurrency system and blockchain will be actively introduced into the economy and will help to conduct business without any bureaucracy. Blockchain will be used in the real estate industry to create a registry of all properties in Dubai, which will be developed by the Dubai Land Department (DLD).

Buying, Selling or Leasing A Properties With Inch & Brick Realty

If you want to sell, rent or buy real estate in Dubai using cryptocurrencies, we recommend that you work with companies that have already been successful with such transactions.

Inch & Brick Realty works with reputable financial brokers who have an impeccable reputation in the digital market and are licensed by the Dubai Financial Authority. The merchant licence allows you to accept cryptocurrencies and exchange them into UAE Dirhams (AED). (Even if you buy a property with virtual currency, you cannot pay for it directly. The UAE Central Bank stipulates that all transactions within the country must be made in the local currency. Therefore, transfer the digital currency to the trading company and wait until you receive a check for the agreed amount to pay for the property)

This process can be carried out in any cryptocurrency such as Bitcoin, Ethereum, US dollars or other digital currencies at a fixed price during trading at the trading company's headquarters. The transaction price is set according to the current cryptocurrency price and the amount of commission can be discussed with us in advance.

The process of purchasing cryptocurrencies is very simple. Buyers should open a cryptocurrency wallet if they don't already have one. Registration for the wallet can be done by individuals or companies. Regardless of the payment method chosen, a real estate transaction usually begins with the selection of the property, followed by a discussion of the terms of the contract. At this stage, the buyer and seller discuss the key milestones of the transaction. This is later recorded in the purchase contract. The property price quoted in UAE dirhams is converted into cryptocurrencies such as Bitcoin. The amount is stated in the contract and cannot be changed. Seller and buyer are not responsible for exchange rate fluctuations.

The buyer then needs to transfer the agreed amount of virtual currency to the trading company's digital wallet and pay the commission amount. The buyer is then given a check for AED and can either transfer the required amount to the escrow account of the particular property if the transaction is an off-plan property or transfer the funds to the seller's account. If you intend to buy directly from the developer, you will need to sign a special contract form for third party transactions. The check will then be delivered to the developer and the buyer will receive a notification about the transfer. If the buyer is interested in a completed property, he can pay for the unit after receiving a check in AED. The real estate agent will then work on the deal and help you get the title.

Please note that price fluctuations may make a purchase or lease agreement transaction unprofitable for one party and may result in termination of the contract. In addition to the trading company's service fees, the buyer must pay the Lands Department registration fees (4% of the total property price) and real estate brokerage fees (2%).

What documents do you need to buy real estate with cryptocurrency?

To buy a property with cryptocurrency, you need the same documents that are required for an ordinary money transaction. First, a preliminary contract is drawn up in English or Arabic. Then, it is important to use the services of a professional real estate agent who will help you select the property, collect and prepare documents and fill out the contract correctly.

You will need the following documents for the transaction:

International passport

Identity document (ID)

Proof of residential address

Contact information

A power of attorney if your representative is carrying out the transaction

Inch & Brick Realty prides itself on making this a seamless process for both buyer and seller, managing every aspect of the buying process.

Contact us today to find out more information.