ConsenSys Is Helping Dubai Become The First Blockchain-Powered City

ConsenSys, the fastest growing blockchain venture studio focused on Ethereum, has announced the opening of its office in the Dubai Design District (d3). The office will be the company’s second largest operation globally.

“ConsenSys is the largest Ethereum company in the world and is committed to growing the ecosystem in the Middle East,” said Joseph Lubin, founder of ConsenSys and co-founder of Ethereum. “Using blockchain technologies to build next-generation nations has always been high on our agenda, and there is no better place to witness this strategic transformation than Dubai, which is forging ahead with its aim to be the world’s first blockchain-powered city. As Dubai’s Blockchain Advisor , we are excited about the future and proud to be an integral part of the city’s vision.”

Lubin believes the city’s blockchain initiative will draw talent from across the world. “By embracing this revolutionary technology, Dubai has taken the lead and will quickly reap the benefits of this ecosystem by attracting startups, developers, and entrepreneurs into its fold, no more evident than at our vibrant new home in the Dubai Design District.” The ConsenSys Dubai office plans to house around 50 employees by the end of the year.