Exclusive Interview with Dr Tamer Mitwally, Chief Strategy Officer of DIFX by CoinQuora
Exclusive interview with Dr Tamer Mitwally, Chief Strategy Officer of DIFX
Dubai is one of the cities in the world hosting one of the biggest blockchain gatherings right now. The World Blockchain Summit held at the JW Marriott Marquis Hotel in Dubai brought together many leaders from the crypto community. The CoinQuora team is happy to have participated in this event where we met many great icons of the crypto space. Dr Tamer Mitwally and I had a great conversation and are happy to share our conversation with anyone interested.
Q. Can you give us a little presentation of yourself and the projects you are currently working on?
Sure. First of all, thank you very much for this interview. My name is Dr Tamer Mitwally, I work for DIFX, I am actually the Director of Strategy there. And, in fact, we have a number of different projects. One of the main exciting projects that we are currently working on is our blockchain, because that is where the future lies. When it comes to blockchain and smart contracts, we have developed a DIFX token and this is where the name of the company comes from. DIFX stands for Digital Financial Exchange, that’s where the abbreviation comes from. DIFX is a blockchain-based token (ERC20). In addition, we have also developed an exchange where DIFX tokens can be redeemed. Better yet, we have developed a mobile phone application available on Android and iOS.
Q. So how does blockchain help your project?
You know, blockchain is where security comes in. Now as you know when people are trading you don’t know who is trading and what they are trading with blockchain the trader will be able to track the frauds that are happening. In fact, it restricts and eliminates fraud while providing a high level of security. So that’s one of the things that, from our point of view, is a huge advantage. Blockchain technology is essential to our project since it is the heart of the business.
Q. Being here at the World Blockchain Summit, what are your goals here?
Look, this is our second day at the World Blockchain Summit. WBS has been fantastic in the sense that it has given us a lot of connections. Plus, here we’ve seen so many people who also have this mindset of supporting blockchains. We therefore had a lot of synergies with other organizations. We also met a lot of people who are actually quite interested in our products because we also make tokens using blockchains, so we met a lot of these potential customers. As a result, we have also created companies that are going into blockchains, where we can also create synergies to move forward.
Q. Does DIFX have any major plans for the future that you can share?
Listen, there are a lot of exciting things going on with DIFX. For example, we have our digital wallets because we have an ecosystem. So one of the things we just achieved is the fun app, which is fantastic. We have a lot more achievements to come, one of them as I explained is a digital wallet where you offer higher security rather than people putting cryptocurrencies or assets, digital assets. somewhere that may not be secure, we have in fact provided insurance for our clients and many other developments on our trading platform to give them the ability to be flexible to trade while having higher returns.
Q. How can we reach you? How can we contact you?
So if you go to our website, DIFX.io, you will see the full details or the contact details themselves. This is one of the advantages of being a centralized exchange, all the information is really there. We also have offices in Dubai at Business Bay and Singapore. As for the people who come to us to put a name on their face, they can come and see us here at Business Bay. We have a great office where we can actually meet and explain everything in detail. The other thing that we also provide is 24/7 service to our customers. So no matter where the customers are in the world, when they need our support, we will actually make sure to communicate and provide the service to them.
Q. Any final thoughts?
Look, I have to say that WBS did a fantastic job. I would love to see more events like this happen. We are very active with the events, we have a future blockchain summit that we are going to and we are also involved in expo 2020. And coming from Australia I have to say that I have the privilege to be part of the WBS in UAE . Because some countries you’ve seen restrict crypto where we don’t have the luxury of having locked face-to-face events. So we have the privilege of being in a country like this. I am grateful and as an organization we are a part of many different events and we are very excited about Expo 2020 and you will see us there continuously. So if you want to come and see us, you will also see our contact details there.
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