Blockchain campus to be established at District 2020
Atlas Capital Holding latest to announce a permanent presence at Expo 2020 legacy development
Shanghai-based Atlas Capital Holding, an investment and incubation company, will build a blockchain campus of more than 15,000 sqm at District 2020, the legacy project of Expo 2020 Dubai.
The campus is expected to attract businesses looking to adopt blockchain technologies, providing them with a collaborative space, and access to industry expertise.
Marjan Faraidooni, chief pavilions and exhibitions officer at Expo 2020 Dubai said, “We are delighted to collaborate with Atlas Capital and welcome them to our diverse and growing ecosystem of global tenants at District 2020. The announcement is another testament to our vision of creating a holistic, innovation-focused environment for companies of different sizes and across different industries and technologies to collaborate and maximise synergies, towards mutual gain.”
Atlas Capital is the latest global company to announce it will be operate from the mixed-use ecosystem development, alongside Siemens and Accenture. This plays to District 2020’s goal of attracting companies from key industries, such as travel, tourism, logistics and transport, education, and construction, with the key technologies.
Rain Huan, co-founder and managing partner, Atlas Capital commented, “Committing to District 2020 is an exciting new chapter for Atlas Capital. Our vision is to support Dubai in its goal of developing into a long-term hub for innovation by creating a Blockchain Campus of the future – an industry hub dedicated to connecting blockchain researchers and entrepreneurs with investors.”
“District 2020 will provide the ideal location to build a community-driven blockchain and fintech ecosystem capable of attracting accelerators from all over the world. The campus will offer a research & development (R&D) space, as well as educational and funding facilities. These sophisticated facilities will support startups and established businesses, help launch research projects, and host blockchain industry events, conferences, and hackathons. There is even an opportunity for us to create a digital currency and official blockchain wallet as we innovate into the future,” added Huan.