ZENIQ Technologies, a provider of blockchain-based decentralised applications, will launch a tokenization project in Dubai on Tuesday to revolutionise the trading of digital assets. The project will see the establishment of non-fungible token (NFT) trading platforms for real estate, gold and precious metals, gemstones and digital art.
The launch will take place at “The Future of Digital Assets” conference at the Armani Hotel in the Burj Khalifa, Dubai, on Tuesday, 21 September, under the patronage of Sheikh Saeed bin Hasher Al Maktoum, chairman of ZENIQ Technologies. The public exposition of art on the Burj Khalifa will take place at 9:10 pm.
The ZENIQ Art NFT will be the first of several tokens, which are in effect digital stamps of ownership and provenance. Dubai has been selected as the launch venue for the ZENIQ Art NFT because of the city’s increasing role as a global centre for investment in digital art.
“We believe that Dubai will be the focus for the sixth era of world creativity,” said Erwin Dokter, founder and CEO of ZENIQ Technologies.
Distinguished authors believe in the idea that along the history of humanity, some cities were the center of world creativity. Remarkable examples are Athens, Hangzhou, Florence, Edinburgh and, most recently, Silicon Valley.
The ZENIQ Art NFT will facilitate the authentication, sale and transfer of digital artworks in a safe digital environment. “We are convinced that the ZENIQ Art NFT, used in conjunction with our secure blockchain platform, will stimulate uptake from artists, buyers and dealers alike and grow the market for digital artworks both in Dubai and internationally,” said Dokter.
Blockchain is a system in which a growing list of records is linked and encrypted to protect the security and privacy of users, applications and assets. Blockchain is maintained on multiple computers that are linked on a peer-to-peer network. The ZENIQ ecosystem and its blockchain is designed to provide unprecedented security standards for these assets.
