On July 8th the blockchain community in Dubai celebrated the launch of the Bistox Exchange during the posh gala dinner held on the luxurious venue. Creators have announced that Bistox is the main financial and technological breakthrough of 2018. Bistox exchange is not a mere cryptocurrency exchange, but a complex scalable platform with the deep-learning technology incorporated and partial decentralization on the basis of the NEM blockchain. The company is planning to start fundraising in the beginning of autumn.

The most famous faces from the realms of investment and blockchain gathered together at the five-star hotel St. Regis, Al Habtoor Polo Resort. Importantly to note the support provided by the local NEM communities and presence of the Team NEM Dubai. The founder and director of the Bistox Exchange Arutyun Nazaryan was honored to solemnly open the event, while the presentation was given by the former head of the Analysis unit at JPMorgan Chase David Ko.

No doubt that Dubai is becoming a world capital of the blockchain technologies, and the Bistox launch is a new evidence that the city is ready for welcoming new, innovative and groundbreaking technologies in the blockchain niche. Moreover, local authorities are also contributing to this fertile soil by enabling more paths for blockchain technologies to develop.