Telos Arabia is the only Telos BP candidate in the Middle East and North Africa with a very strong, established, and diversified team of technologists and business leaders. We are well-funded and connected with the technical and financial communities in the region.
Located in the heart of an oil-rich region whose major economies are being transformed and diversified with a clear focus on the financial and high tech sectors. Dubai is becoming the hub of Blockchain and Distributed Ledger activities in the region and has attracted technologist and investors from around the world.
The region enjoys a large youth segment (over 30% of its population) that is very tech savvy and has been exposed to Crypto since Bitcoin emerged in 2009. In fact, there are several successful miners spread across Saudi Arabia, the UAE, Kuwait, Bahrain, and other countries.
A number of private and public sector organizations have announced and started working on a wide variety of initiatives to promote and invest in Blockchain technologies across multiple sectors including, banking, supply chain, healthcare, and government services.