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Memorandum of Understanding Signed by the Dubai Blockchain Center and Chaintech Labs Ltd



Dubai, United Arab Emirates–(Newsfile Corp. – July 30, 2022) – The Dubai Blockchain Center (DBCC) and Chaintech Labs Ltd (CTL) have announced a new cooperation agreement to foster long-term blockchain technology research and development for enterprises and government authorities in the GCC region.

The agreement, in the form of a Memorandum of Understanding (MoU), formalizes the mutual interaction and strengthens the existing relationship between the Dubai Blockchain Center and Chaintech Labs Ltd at the strategic and working level, focusing on the onboarding of global enterprises and government authorities on the blockchain, the development of standards for public and private blockchains, smart contracts, fungible- and non-fungible tokens.

Dubai Blockchain Center & Chaintech Labs

The Dubai Blockchain Center aims to bring together blockchain thought leaders, developers, investors, and educators. Organizing free blockchain 101 awareness sessions in Arabic and English, hosting Use-Case-Focused events.

Chaintech Labs Ltd is a blockchain research and development house, incorporated in the Dubai International Financial Center, and founded by a group of blockchain researchers and game developers from Stockholm, San Francisco, New York, and Dubai. Chaintech Labs Ltd is the owner of more than 10 global NFT projects, including over a million people under its community, and a total token market cap close to 1 billion dollars.

DBCC and CTL have a shared objective of serving the private and public interest. This MoU provides for continued strengthening of future cooperation between the DBCC and CTL in achieving common goals that will increase the general understanding of blockchain technologies and how they will benefit society as a whole.

Erik Lydecker, Managing Director at CTL, said:

“We are honored and humbled for the trust and support we have received from the Dubai Blockchain Center, in leading all of the blockchain technology endeavors in the UAE and beyond. We are very excited to be operating together with a partner like the DBCC, in the most progressive and bold country in the world, in terms of the incorporation and implementation of cutting-edge technologies, across all industries.”

Dr. Marwan Al Zarouni, CEO at DBC, said:

“Our objective is to support creators and innovators in the crypto and blockchain space. This is in line with Dubai’s Metaverse Strategy which was announced recently. Our cooperation with CTL enables us to tap into their community and create more opportunities for projects within the metaverse and NFT space as well as create, support, and foster talent in Dubai, the UAE, and beyond.”

Media Contact Details:

Name : Abdulla Mohamed Al Dhaheri
Email : [email protected]
Website :
Location : DIFC, Dubai, UAE

To view the source version of this press release, please visit






NovaSparks™, the leading field programmable gate array (FPGA) market data company, is pleased to announce the appointment of Clément Pelletier as the new sales and marketing director, based in Bangkok, Thailand. Pelletier will report to Dr. Luc Burgun, CEO and president, beginning on December 1st, 2023.

“Clément possesses a wealth of experience that makes him unique in the industry,” said Luc Burgun, NovaSparks’ chief executive officer and president. “His thorough understanding of the sales process, particularly in the field of trading tools which he acquired over 20 years in Asia, makes him ideally suited to drive our sales and marketing initiatives in APAC. We are pleased to welcome Clément and look forward to his leadership in expanding our operations in Asia.”

Pelletier brings to NovaSparks solid experience in sales and marketing in Asia. Most recently, he served as sales director for the APAC office of Horizon Software, a global leader in electronic trading solutions and algorithmic technology. Prior to Horizon Software, he served as CEO of CPIT, an IT services and consulting, specialized in the Fintech industry, based in Hong Kong. Pelletier holds a Master of Engineering from INSA Lyon.

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Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations




Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle in support of its private credit and collateralized loan obligation (CLO) portfolio management. The Sentry private credit and CLO portfolio management technology will enable Carlyle to more efficiently manage its deal pipeline, trade compliance and loan operations on a single platform, and scale operations as the platform grows.

“With increased demand in credit products and ongoing growth of our product offerings, we wanted the right technology that would enable us to scale up and achieve a platform approach,” said Jim Keogh, Carlyle’s Managing Director and Head of Operations for Global Credit. “Sentry has smoothly integrated with our technology stack and provides functionality that will improve our capabilities as we grow.”

“Working closely with Carlyle, we customized Sentry to specifically suit their portfolio management requirements, which emphasized the need to help manage all aspects of private credit and CLO administration,” said Mike Sleightholme, Broadridge’s president of international and head of asset management solutions. “This implementation really showcases the value of the flexibility and scalability our solution offers and how it helps position firms for growth.”

Broadridge’s Sentry PM is a scalable web-based solution that provides front-to-back-office functionality to both the private debt and syndicated loan markets to increase overall efficiency, including research and pipeline management, pre- and post-trade compliance, analysis of hypothetical trade scenarios, dynamic waterfall projections, loan administration, and data aggregation across strategies, portfolios and assets.

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Nuvei enters global payments partnership with Microsoft




Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Microsoft to deliver leading payment experiences for customers of its products, solutions, and services across many of its key markets.

Microsoft will start using Nuvei’s customizable and agile payments technology in the Middle East and the Africa region, while benefiting from Nuvei’s deep knowledge of local markets to optimize its payments for recurring billing and individual transactions across both its Office and Xbox product ranges.

Other benefits of Nuvei’s global payments capabilities Microsoft is harnessing include optimized authorization rates through local acquisition and superior risk management that minimize false declines, as well as Nuvei’s ability to offer all of the relevant local alternative payment methods (APMs) to each market through a single integration. Philip Fayer, Nuvei Chair and CEO said: “Enabling Microsoft to connect to its customers across a wide range of products is testament to our technology and dedication to world-class customer service. We’re excited to optimize payments for such a universal brand that is trusted and relied upon by so many people.”

“We’re pleased to extend our payment solutions to the Middle East and African region,” added Ajith Thekadath, Vice President Global Payments at Microsoft. “Whether it is a one-off purchase, software subscription, or in-game purchasing, payments are critical to our overall customer experience.  Partnering with Nuvei enables our customers to pay wherever they are and whenever they want to.”

Extending the partnership across geographies and use cases

Nuvei and Microsoft are committed to extending this partnership across additional markets, as well as exploring new use cases to enhance the overall Microsoft experience. This includes Microsoft Dynamics 365, its business applications technology suite that drives operational efficiency and improved enterprise resource management.

Fayer commented: “As two innovative, technology-led businesses that provide solutions to many of the leading international brands across the globe, it makes sense to explore how we can work more cooperatively as we grow our commercial relationship.”

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