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June 1, 2025, 1:08 p.m.
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Global Blockchain Event in Saudi Arabia Unites Experts, Investors, and Media for Web3 Innovation

Brief news summary

The upcoming blockchain event will gather over 5,000 participants worldwide, including 200 industry experts, 300 investors, and 250 media professionals, fostering knowledge exchange, networking, and cross-sector collaboration. Key topics will cover blockchain advancements, security, decentralized finance, and applications across finance, healthcare, and supply chains. A strong investor presence highlights growing confidence in blockchain ventures and the expanding Web3 ecosystem. Extensive media coverage will share vital insights globally. Aligned with Saudi Arabia’s Vision 2030, the event aims to boost blockchain adoption to diversify the economy and promote technological innovation, supported by initiatives such as the Web3 Alliance of Saudi Arabia (WASA) and the CODE platform. Attendees will address challenges like scalability, interoperability, regulation, and user adoption, while exploring emerging trends including NFTs, DAOs, AI, and IoT integration. This landmark gathering underscores Saudi Arabia’s rising status as a hub for blockchain innovation and its role in shaping the digital future.

The upcoming blockchain event is poised to be a major global gathering, attracting over 5, 000 participants including experts, investors, and media professionals. This diverse group will come together to explore and discuss the latest blockchain advancements and their applications across various industries. The event serves as a platform for knowledge exchange, networking, and collaboration aimed at harnessing blockchain for transformative solutions. Among the attendees are about 200 industry experts offering deep technical knowledge and strategic insights into blockchain’s evolving landscape. Their involvement will enrich conversations on blockchain development, security, decentralized finance, and innovative use cases impacting sectors like finance, supply chain, and healthcare. These thought leaders will share perspectives on how blockchain is set to disrupt traditional business models and introduce new efficiencies. Additionally, around 300 investors—including venture capitalists, private equity firms, and angel investors—will attend, reflecting strong confidence in blockchain ventures. They seek promising startups and scalable projects within the Web3 ecosystem to fund, highlighting the growing capital investment necessary to drive innovation and commercialize emerging technologies. Media presence is significant with approximately 250 representatives covering the event. Through various channels—traditional press, digital media, and social platforms—they will broadly disseminate insights and announcements, enhancing global awareness of blockchain’s transformative potential. Saudi Arabia is positioning itself as a leader in blockchain and Web3 as part of its Vision 2030 initiative aimed at economic diversification and technological innovation. The Kingdom has launched initiatives like the Web3 Alliance of Saudi Arabia (WASA), which fosters collaboration among government, private sector, and academia to promote blockchain policy, research, and applications.

Another key initiative is CODE, a platform supporting blockchain developers and entrepreneurs by providing infrastructure and resources to accelerate innovation and position Saudi Arabia as a regional Web3 hub. These initiatives align with broader Vision 2030 goals focused on digital transformation, economic diversification, and building a knowledge-based economy. By investing in blockchain, Saudi Arabia aims to unlock new economic sectors, enhance transparency and efficiency in government and business, and create high-value jobs. The event coincides with a surge of global interest in blockchain. Early adoption in finance through decentralized finance (DeFi) has expanded to sectors such as healthcare, logistics, energy, and public administration, using blockchain to improve data integrity, traceability, and cross-organization collaboration. Experts at the event will address challenges and opportunities in blockchain scalability, interoperability, regulation, and user adoption. Discussions will also cover emerging trends like non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and the integration of blockchain with AI and the Internet of Things (IoT). The gathering offers startups and established companies a unique chance to showcase innovations, attract investment, and forge strategic partnerships. The diverse attendee mix promotes cross-sector collaboration and idea exchange vital for deploying blockchain solutions effectively. In summary, this event marks a significant milestone for the blockchain community. It reflects the rapid growth and diversification of Web3 technologies and underlines Saudi Arabia’s commitment to becoming a global leader in the field. By uniting experts, investors, and media, the event is set to accelerate dialogue around blockchain innovation, foster collaborations, and influence the future development of digital technologies worldwide.


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