With the United Arab Emirates (UAE) providing a popular regulatory framework based on blockchain technology, there is no substitute for the rapid growth of dynamic password (NFT) in the region and has been applied by the project in a variety of ways.

From touring tickets to research and philanthropy, Cointelegraph traveled to the United Arab Emirates and Abu Dhabi to explore how NFT is used by various new data encryption projects run in the United Arab Emirates.

NFTS assists medical research staff to obtain data and information from players

A project run in the Jumeira Village Circle in the United Arab Emirates has found a way to use NFT to obtain data and assets for researchers. Recently, at the AIBC United Arab Emirates conference in Holiday City, Cointelegraph visited Dmitry Mikhailov, an expert in Farcana Labs's artificial intelligence technology, to determine how the company integrated NFT into its research.

Mikhailov told Cointelegraph,Farcana to gather information from players, who he described as "donors" in exchange for a small portion of future patents. Experts can gather information and resources for his new research project through what they call a "research NFT", which is provided to donors and investors. Mikhailov explained:

For me, as an expert, as an expert professor, this is a way to get a lot of assets without applying for an allocation. All you can do is publish your research, find several donors, present it as an investor, and say, look, I can find a new way to test for Alzheimer's disease based on the way I move my mouse.

NFT tickets break into a happy concert in Abu Dhabi

Ultra Abu Dhabi is an electronics dance festival centered on the most popular DJ such as Calvin Harris and Skrillex, and enjoys Web3 according to the NFT tickets offered by Fellaz and BNB Chain. The competition was held on the Isle of Yas, home to many scenic spots such as Lamborghini reality and the Sith Port Runway, which has been the host of the Formula one Abu Dhabi Challenge since 2009.

Cointelegraph learned more about NFT tickets on March 5th to see how NFT tickets work and whether traditional tickets are different from those using blockchain. Except for many additional processes, such as free download of special wallets, NFT tickets are very similar to app tickets. However, although the difference may not be seen directly, the benefits must be behind it.

Alvin Kan, director of BNB Chain promotion, shows that compared with the traditional ticketing system, one of the many advantages of NFT tickets is how to severely crack down on NFT fraud. He explained:

NFT provides a reliable and effective method for verifying the authenticity of safe bills, ensuring that only people with reasonable and legal bills can enter.

In addition, Naoto Kan also told Cointelegraph,NFT that tickets have other benefits, or you can flexibly transfer tickets to friends or resell tickets without paying fees to agents. For the theme event planners, Naoto Kan stressed that they will have online access records, so that they can interact more with the audience, even after the event. For example, airdropping music-related NFT to former Ultra participants could also allow people with Ultra tickets to enter future Ultra competitions ahead of time, he said.

The executive also mentioned that the company plans to integrate NFT tickets into more processes in the United Arab Emirates and internationally.

NFT awards are effective in philanthropy.

Gratitude for feedback and charity work are rooted in UAE culture and art. Leaders of the host country lead various activities, and leaders at all levels lead the work of social development, charity and humanitarian spirit inside and outside the United Arab Emirates. At the AIBC UAE meeting, Cointelegraph also spoke to a philanthropic project to determine how NFT plays an important role in the ecosystem.

Lonzo Bauer April, PhilCoin's chief marketing officer, told Cointelegraph that the project aims to provide charitable relief to people around the world. April explains that using Web3 technology, his elite team has provided a platform where users can "make money and be grateful for giving back". The site offers NFT rewards, and if you want to receive them, you must be grateful for giving back what they love. She added:

Philanthropy and non-profit organizations have always been a very secret process. As a result, sometimes your donations to charities are not easy to follow and track.

According to April, this is the area where blockchain applications are brought into full play. Blockchain technology is obviously famous for its openness and high efficiency. Therefore, philanthropy is included in it. People think that this is a bridge between philanthropy and technology.