Dubai’s innovator, ICICB Group, reveals its blockchain-based services

    12 May 2022
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    ICICB, a Dubai-based investment holding company, has announced a series of new innovative services, including the ICICB Chain, ICICB Metaverse, and ICICB Bank. Established in 2019, the ICICB Group sees its mission to be at the forefront of digital transformation worldwide and now has more than a hundred branch offices in over 26 countries.

    In a press release, the ICICB Group states its mission to be at the forefront of the digital transformation that the contemporary world is experiencing.

    Recently, the Group introduced the ICICB Chain, one of the world’s ‘most exciting blockchains,’ through its successful private sale that occurred on February 22nd 2022. In terms of fees and speed, the ICICB Chain strives to exceed other top-performing blockchains. For instance, ICICB Chain promises fees as low as $0.0000008 and speeds of 30,000 transactions per second.

    What sets the ICICB Chain apart from other blockchain platforms is its one-of-a-kind ecosystem, including the ICICB DEX, ICICB Coin, ICICB Wallet, ICICB Portal, ICICB Bridge, ICICB Marketplace, and ICICB Games. The ICICB DEX, like other peer-to-peer marketplaces, will let users execute transactions using a non-custodial system, allowing them to trade, buy, and sell cryptocurrencies for lower fees and without compromising security.

    ICICB Wallet, one of the key offerings of ICICB blockchain, is distinguished in its ability to access cryptocurrencies stored in other wallets through ICICB Bridge. The wallet allows customers to do everything crypto-related from a single platform, as the Group seeks to reduce the complexity of crypto trading.

    Meanwhile, as NFTs, blockchain-based games, and the metaverse have acquired a lot of traction this year, ICICB has capitalized on this momentum by developing platforms that allow individuals to interact with technological advances. These include ICICB Games, ICICB Marketplace, and ICICB Metaverse called Cosmos. With ICICB Games, users will be able to earn by partaking in blockchain-based games.

    Reportedly, the company has already developed the crypto shooting game Ares, with more ICICB-owned games underway. On the ICICB Marketplace, users will be able to buy and sell NFTs in the form of in-game gear for use in the ICICB Games.

    Developed by the ICICB, the Cosmos game will feature the ability to own virtual land, vote in a virtual government, earn money, and more, with top-notch graphics that transcend other metaverses.

    “The metaverse is inevitable. Companies are rapidly creating their virtual worlds, and it won’t be long until the whole world embraces them. When the time comes, we believe that Cosmos will have made a name for itself as the most immersive metaverse in the world,” said Airton Arruda, Chairman of ICICB Group.

    Developing blockchain-based solutions, the company also continues to serve investors, entrepreneurs, and more with the ICICB Bank. Its emphasis is to provide banking solutions to private investors seeking to grow their wealth.

    In collaborations with world-class advisors, ICICB delivers private banking services to VIP clientele. Investors will have pivotal resources through the ICICB Chain and the ICICB Group’s global connections, which will open the way for a multitude of investments, including cryptocurrencies.

    “We are excited to broaden our private banking solutions to incorporate crypto assets,” the Chairman added. “We believe that providing a convenient way to trade will enable our clients to diversify their investment portfolios. This will empower them to exponentially increase their fortune.”

    Meanwhile, Dubai’s crypto regulator establishes its headquarters in the metaverse. Virtual Assets Regulatory Authority (VARA) announced plans to establish its metaverse headquarters in The Sandbox virtual world. Thus, VARA would become the world’s first regulator to enter the metaverse, showcasing the government’s attempts to turn Dubai into a hub for the digital economy.

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