EVM L2 Blockchain Will Power the UAE’s Dirham-backed Stablecoin and Major Real-World Applications Across Emerging Markets
- ADI Foundation plans to leverage established global partnerships across the Middle East, Africa and Asia to bring 1 billion new users onchain by 2030.
- ADI Chain’s development team is experimenting with novel methods of GPU computing with the goal of achieving superior performance metrics.
- The Chain aims to serve as the backbone for digital services across finance, identity, healthcare, sustainability, and other real-world sectors.
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--The ADI Foundation, an Abu Dhabi-based nonprofit organization dedicated to building the infrastructure nations trust and citizens deserve, today announced the public testnet of the ADI Chain.
It is engineered to deliver sustainably high throughput with ultra-low transaction fees by utilizing AI-assisted protocol automation with GPU acceleration to unlock real-time intelligence, dynamic network adaptation and efficiency.
This chain’s novel technology will enable developers to build responsive, client-side applications with near real-time settlement. ADI Foundation will continue expanding node infrastructure, onboarding ecosystem partners, and supporting priority use cases across the UAE and emerging markets.
“Over the past decade, the benefits of the web3 adoption have been concentrated in relatively few verticals of the economy," said Andrey Lazorenko, CEO of ADI Foundation. “Launching the testnet is an important step towards realizing Abu Dhabi’s vision for trusted, high-performance digital infrastructure. With GPU computing and AI-engineered protocol design at its core, ADI Chain will provide enterprise-grade infrastructure for scaling ecosystem partners which will support our mission in bringing 1 billion new users onchain by 2030.”
ADI Chain was built to bridge the gap between compliance and innovation. Currently, many chains are unable to meet stringent government standards, which leaves many governments unable to deploy technology quickly and replace antiquated systems. ADI Chain is a compliance-native L2, which enables governments and regulated institutions to launch stablecoins, health systems, land registries and payment rails without sacrificing speed, efficiency, security or regulatory compliance.
ADI Chain aims to serve as the backbone for digital services across finance, identity, healthcare, sustainability, and other real-world sectors, starting with its integration into the Dirham-backed stablecoin project being developed in collaboration with leading UAE institutions including FAB, ADQ, and IHC, and to be regulated by the Central Bank of the UAE.
The testnet is open to all developers who want to test ADI Chain’s capabilities and help optimize the network prior to its mainnet deployment. To access ADI Chain’s testnet environment, please visit the ADI Testnet Explorer.
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About ADI Foundation
ADI Foundation is an Abu Dhabi-based non-profit organization founded by Sirius International Holding (a subsidiary of IHC), dedicated to empowering governments and institutions in emerging markets through blockchain infrastructure and partnerships needed to unlock sovereign digital economies and drive large-scale social and economic inclusion. Its mission is to bring 1 billion people into the digital economy by 2030, building on a strong foundation of 400+ million people already within its reach. Through strategic partnerships in over 20 countries and a growing portfolio of use cases such as a new UAE stablecoin backed by Dirhams, ADI is redefining what is possible at the intersection of technology and impact. Positioned in Abu Dhabi, which is rapidly emerging as the Silicon Valley of inclusive tech-finance, ADI Foundation is proud to lead the transformation by turning visionary policy into practical, scalable systems that empower people, businesses, and governments alike.
For more information, visit: www.adi.foundation
Contacts
Media Contacts
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Phone: +971 50 840 6554