#Abu Dhabi #United Arab Emirates #WEF #NayaOne #TradeTech

NayaOne Powers TradeTech Regulatory Sandbox

NayaOne, a leader in digital transformation solutions, is pioneering the TradeTech Regulatory Sandbox in collaboration with the UAE Ministry of Economy and the Abu Dhabi Department of Economic Development. This groundbreaking initiative aims to reshape global trade by integrating advanced technologies, thus promoting a more efficient, inclusive, and equitable trading ecosystem.

The NayaOne platform stands at the forefront of this global trading initiative, demonstrating its capacity with a digital sandbox that facilitates collaboration among regulators, multinational corporations, and innovative technology providers. This project seeks to foster a dynamic ecosystem focused on advancing trade finance while ensuring a secure framework.

Leading regulators, including the Abu Dhabi Global Market, the Central Bank of the UAE, and the Dubai Financial Services Authority, are supporting this venture. Their involvement highlights a collective commitment to enhancing digital trade innovation through practical regulatory collaboration.

The initial cohort under this initiative represents a significant milestone in shaping the future of digital trade infrastructure. Select pioneer companies from the UAE, Africa, Sweden, India, Germany, and Estonia will test and refine trade technological solutions. This initiative not only aims to ensure regulatory compliance but also to accelerate the adoption of digital trade innovations across diverse markets.

NayaOne expresses excitement about the contributions from these innovative companies, which are poised to create a safer, more inclusive, and efficient environment for cross-border trade.

About NayaOne

NayaOne is dedicated to driving innovation by aiding financial institutions and large enterprises in discovering, testing, and adopting new technologies. Their agile platform provides vetted technology providers, synthetic data, and secure testing environments, significantly reducing implementation times by up to 12 months. Trusted globally by financial institutions, NayaOne facilitates digital transformation and minimizes procurement complexities. To learn more, visit nayaone.com.

About the World Economic Forum (WEF)

The World Economic Forum unites global leaders to address challenges, promote innovations, and drive sustainable growth. By shaping policies and fostering technology, the WEF acts as a catalyst for global change. For more information, visit weforum.org.

About the UAE Ministry of Economy

The UAE Ministry of Economy aims to promote economic growth through innovation, competitiveness, and diversification, positioning the UAE as a hub for investment and trade. For more information, visit moec.gov.ae.