19 Dec Dubai Cybersecurity Innovations Launches The First Non-Fungible Digital Asset
Dubai Cybersecurity Innovations Park has launched its ‘CyberMaster’ award as its first non-fungible digital asset (NFT).
The complex is the research and knowledge arm of the Dubai Electronic Security Center in Digital Dubai has launched the NFT as part of its efforts in the areas of cyber innovations and raising awareness in the cybersecurity sector.
By launching the award, the complex aims to support the growth of the digital economy and contribute to the development of advanced technologies that will support Dubai’s vision to promote its economy and digital transformation.
Registration will also open for competitors to own the NFT from December 15 to December 22, and the winner will be announced via a draw on December 23. The winner will be able to claim the NFT as well as a special subscription to the Dubai Cyber Security Innovation Park.
Dr. Marwan Al Zarooni, Strategic Advisor at Digital Dubai, explained that as Dubai transitions to the web3, the idea of offering digital assets that can be used to manage transactions and receive material value for services and experiences will soon become the norm.