Enya Laboratories, a core contributor to Boba Network, has partnered with Dubai Multi-Commodities Crypto Center (DMCC) to grow blockchain and Web3 companies in Dubai. Hybrid blockchain can access data off-chain to build smarter applications.
Enya Labs and DMCC partner to scale web3
Enya Labs is a software innovator founded by a team of Stanford faculty and alumni that specializes in building distributed systems and application development. The Lab announced a partnership with DMCC, the world’s flagship free zone dealing in precious commodities such as gold, energy, steel/metals, and agricultural raw materials.
Located in Almas Tower, the DMCC crypto center is a comprehensive ecosystem for companies developing web3 and blockchain technologies, providing everything crypto businesses and startups need to establish, scale operations and collaborate across the Dubai economy.
Enya Labs is also a core contributor to the Boba Network, which connects Web3 applications with Web2 platforms. Boba’s hybrid computing technology enables developers to build decentralized applications that evaluate and use data off-chain from Web2 platforms while lowering fees and increasing performance.
Through this partnership, Enya Labs will use the Boba Network to provide technical support to DMCC Crypto Center members interested in scaling their web3 businesses. Enya Labs will also offer a mentoring program and additional support through the DMCC Crypto Academy.
On the other hand, Enya Labs will be able to take advantage of the growing community of the DMCC Crypto Center and look for new companies to join the Boba Network. With more than 550 members, the DMCC Crypto Center represents the largest concentration of web3 and blockchain businesses in the region.
Boba Network wants to expand globally
Enya Labs is a core contributor to Boba Network, a multi-chain layer 2 blockchain scaling solution that enables Web3-Web2 interoperability. Boba Network also provides extended capabilities for smart contracts on various blockchain networks such as Ethereum, Moonbeam, and Avalanche.
Alan Chiu, Co-Founder and CEO of Enya Labs, expressed his enthusiasm for the partnership, calling the DMCC Crypto Center a mature environment with high-potential projects developing on a daily basis. As such, this partnership with DMCC will allow Enya Labs to bring new and exciting web3 companies to the Boba Network, expanding them globally.
Ahmed Bin Sulayem, DMCC Executive Chairman and CEO, was impressed by the thriving ecosystem that DMCC has built that enables Crypto Center to attract high profile and impact players like Enya Labs to the Dubai web3 space.
Ahmed added that the goal of the partnership with Enya Labs is to further expand the support available to DMCC members, leading to improvements in how they scale their operations both in Dubai and beyond.
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