Opinion: UAE will become the next superpower in the field of encryption

According to blockchain expert and professional technology researcher Gregory S Mathew, the United Arab Emirates is not only the next superpower in the global economy, but also the next superpower in the blockchain and encryption arena. In addition, he pointed out that in the first quarter of 2019, ICO raised a total of $790 million. Among them, companies in the UAE accounted for 142 million US dollars, accounting for 21%; companies based in the United Arab Emirates attracted up to 67 million US dollars through STO, these products accounted for nearly 55% of the total funds raised. The outstanding performance of these UAE companies in the ICO and STO sectors in the first quarter of 2019 may indicate that the Arab countries have emerged as global superpowers.