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Updates: the Wiki Finance Expo Dubai 2022

5 min read • October 30, 2022

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Introduction

 

The 2022 Wiki Finance Expo was an event held on the dates of 25 and 26 September. Its main purpose was to look at the current state of the financial world as well as to make note of the innovations that are going to advance the field in surprising ways. As of writing this the topical event already passed us by and it went about how it was expected to go.

 

A variety of things were discussed with a lot of emphasis placed on the state of cryptocurrency, foreign exchange, and the effect of blockchains on the global market. The event itself was advertised much earlier and this meant that a lot of preparation went into making it as hospitable as possible. However, the city of Dubai certainly made things much more interesting. The following is the event in a nutshell.

 

Contents:

- The Festival Arena

- The Event Highlights

- Infrastructure

- Event Hosting Spot

- The Ease of Taking Part in Business

- The City

- Final Thoughts

 

The Festival Arena 

Every word that can be used to describe Dubai can be used to define this large venue that hosted the expo this year. What makes this particular venue so perfect is that it is not only capable of holding events, but its location makes it accessible on all fronts.

 

Just its sheer size alone is enough to make sure that participants exceeding the thousands have enough room to enjoy the event without the possibility of overcrowding. Those who attended the entire event were pleasantly surprised by not only the size and luxury of the building but its spacious parking lot.

 

The Event Highlights 

Interestingly enough, the event went off without a hitch as a great deal was planned. As was expected, there were many speakers from an equal number of people from all over the world.

 

Many of them brought a myriad of technological ideas that could propel the financial world further into the future. Granted there was the thought that many of said ideas would not be as useful or would eventually die out in due time. However, that paled in comparison to the hundreds of speakers that came forward and gave their insight as it pertained to the year thus far.

 

There were many solutions brought forward, especially in light of:

- The crypto collapse of early 2022,

- Blockchains innovations and DeFi market,

- Exhibition of cross-platform social trade products,

- At Festival Arena, experts discussed the future of Fintech and Financial Services,

- Trading and exchange services and solutions,

- The main speech was about Kucoin-2022 and a better exploration of web 3.0.

 

There was a desire to look forward, especially when it came to particular blockchains and the direction in which they were going. The best example of this was the merge that happened at around the same time.

 

Infrastructure 

Because Dubai is a hub for not only business but education and technology, it should come as no surprise that the infrastructure there is beyond incredible. This makes Dubai the perfect place to host events because many different venues can hold them.

 

Said venues include the Festival Arena which held this year's expo. A lot of attention is placed on luxury, which is something that applies to most event-hosting buildings.

 

Event Hosting Spot

A lot of what makes an event of this nature special is the city in which it is held. The last time an event like this was held was in Ho Chi Minh City in 2019 and despite the expo being thought of as being quite enjoyable, the culture of Vietnam certainly stole the hearts of participants.

 

Dubai was no different and it has so much to offer beyond just the expo. The sights and almost global culture the city possesses have become somewhat legendary. There are many reasons why Dubai was chosen to host this event and they are as follows:

 

The Ease of Taking Part in Business 

Dubai has always been seen as a city built for the business person. At the same time, it also becomes a hub for anyone looking to innovate, especially because it is a bit of a crossroads between east and west.

 

The government is also very receptive toward businesses in general and this is why they have a tax-free environment.  This not only encourages investment but creates a place in which events like this can occur without issue.

 

The City 

The two points mentioned above basically heighten this point bad they show that more than anything, Dubai is a destination city. With countless sights to behold as well as many activities to partake in during your stay, it is no surprise that most participants were thrilled to attend. As a bonus, this global hub has countless restaurants, which means that the cuisine will have something that speaks to you.

 

The accommodation offered is equally varying, with an emphasis on luxury and comfort. The many hotels will surely keep you relaxed during your stay and some attendees often factor this convenience into their decision to partake in the events.

 

Final Thoughts 

Though these expos tend to be the same in terms of format, quite a few things will differ and a lot of it is due to the state of the financial world at the moment. 2022, for example, saw quite a few different occurrences that had a great impact on this field.

 

From the crypto collapse, earlier this year to the Ethereum merge, the volatility makes sure that every expo is unique with equally specific issues. The cities that hold the expos also play a role in making them what they are. In most people's opinions, Dubai more than delivered a quality event and now we look forward to the next expo in Hong Kong.


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