UAE – Mubasher: Dubai-based ZENIQ Technologies, specialised in blockchain-based decentralised applications, has introduced a tokenisation project to revolutionise the trading of digital assets, the Emirates News Agency (WAM) reported.

Through the project, ZENIQ will establish non-fungible token (NFT) trading platforms for real estate, gold, and precious metals, gemstones, and digital art.

The Chairman of ZENIQ Technologies, Sheikh Saeed bin Hasher Al Maktoum, said: "World-leading technology, coupled with decentralised financial applications, will support new and positive business models, such as ZENIQ’s tokenisation project. Companies such as ZENIQ are fulfilling Dubai’s vision for the future."

Meanwhile, the Founder and CEO of ZENIQ Technologies, Erwin Dokter, commented: "We are convinced that the ZENIQ Art NFT, used in conjunction with our secure blockchain platform, will stimulate uptake from artists, buyers, and dealers alike and grow the market for digital artworks both in Dubai and internationally."