Cryptocurrencies and in particular Bitcoin have been making headlines worldwide, but there s still a lack of understanding about what they are. Dubai recently held the AIBC summit to bridge that knowledge gap.
Eman Pulis, Founder and CEO of sigma group & AIBC Summit, says although there are technical sessions at the event, they also want to reach those new to the industry: An issue of empowerment is key. If we want one day to see the crypto community, the blockchain, be embraced by the masses.
Put simply, cryptocurrencies are virtual, unlike a euro or dollar that we can hold physically. They aren t usually tied to a bank or government and allow users to spend money anonymously through a series of complex transactions using blockchain technology.
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Dubai has hosted one of the first in-person travel industry events since the pandemic began. The Arabian Travel Market had over 11 000 attendees who were keen to highlight that the industry is ready to recover from the impact of COVID-19 as soon as borders reopen.
In 2020, the size of the global travel and tourism market declined to 1.27 trillion euros. However, it is forecast to rise in 2021 to 1.4 trillion euros.
Claude Blanc, World Travel Market Portfolio Director, told Euronews that there was an appetite in the industry for the event. The essence of tourism is face to face, is the connection, personal and professional , he adds.