Elrond, GDAC to Expedite Dubai’s Blockchain Mission

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Lots bugs ironed out & probably our most advanced version yet. *Pending internal attacks & stability review* during the next 4-5 days, we might be ready for the next step ??

Proud of our team ??https://t.co/X9AnT2iT9d pic.twitter.com/F9FQojQ40e

— Beniamin Mincu ? (@beniaminmincu) April 30, 2020

What is the focus of the partnership?
At the core of the partnership is Elrond’s scalable infrastructure. The network has the right capability to develop a working model. Especially, the one that fits Dubai. This is because Elrond has a track record of multiple innovations in smart contracts and smart accounts.
According to Ashton Hettiarachi, partner at GDAC, the corporation was excited to partner with Elrond. Moreover, the complete focus would be to bring efficiency via digitization. And this would help resolve modern problems with an innovative approach.
 
Moreover, the partnership aims to focus on developing use-cases to support government efficiency. Additionally, industry creation and international leadership would be the key focal points. With the partner selection process for technology implementation likely to be rigorous, neither Elrond nor GDAC wanted to miss out on the opportunity.  
Speaking on the occasion, Elrond CEO, Beniamin Mincu, stated, “The blockchain space knows Elrond for its significant performance and scalability. But in addition to this our enterprise partners also recognize the implications of other noteworthy contributions in the areas of smart accounts & contracts. Together, these components make the Elrond blockchain uniquely equipped for real use-cases that go far beyond what we have seen so far.”
Recently, the network had partnered with Binance to support BUSD transactions at blazing fast speed and low cost.

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