Mysten Labs Co-Founder Launches Modern Cryptography and AI Innovation Hub in UAE

In a groundbreaking move to foster technological advancement in the Middle East and North Africa (MENA) region, Kostas Kryptos, has announced the establishment of a modern cryptography and AI innovation hub in Dubai and Abu Dhabi. Kostas Kryptos is the Co-founder of Mysten Labs and developer of the Sui blockchain. With this ambitious initiative, he aims to elevate the UAE community’s intellectual growth through deep tech education and brainstorming meetups.

I’m creating a modern cryptography and AI innovation hub in Dubai and Abu Dhabi.

Will try to occasionally invite big names in the field, but the aim is to intellectually grow the whole UAE community with deep tech edu and brainstorming meetups. So deep that some hackathons will…

— Kostas Kryptos (@kostascrypto) May 23, 2024

Kostas Kryptos Pursues A Vision for Excellence in AI and Cryptography

Kryptos’ vision is to create a thriving ecosystem where the entire UAE community can engage in cutting-edge technological development. The planned hub will occasionally host prominent figures in the field, but its primary focus will be on nurturing local talent.

To achieve this, the hub will organize intensive hackathons, some of which will run non-stop 24/7 for an entire week. Local hotels and office-desk owners will support these events by providing accommodation, ensuring participants can fully immerse themselves in the creative and developmental process.

The innovation hub will spearhead research in several advanced technological areas. Kryptos revealed that there was already a plan to publish some unique ideas around MPC, FHE, Web3 UX, AI on-chain, AI for audits, DePIN data compression, and Verifiable Execution. These initiatives are expected to position the UAE at the forefront of global tech innovation.

One of the hub’s key benefits will be its ability to connect local talent with international tech hubs in the Bay Area and Europe. By leveraging an extensive network and having boots on the ground, Kryptos aims to activate these connections, providing UAE-based innovators with opportunities to collaborate and compete on a global scale.

Economic Support for Research and Startups

Kryptos also envisions the hub as a catalyst for economic growth in the tech sector. He expressed hope that, with some local help, they could economically support selected research ideas. By attracting and supporting promising startups and research projects, the hub is expected to contribute to the emergence of technologically competitive startups in the MENA region.

This AI hub will position the UAE as a global tech leader. The hub will focus on education, hackathons, research, and global connections. It aims to advance the region’s tech landscape. The project will foster competitive startups and drive tech excellence in the MENA region.

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