Hybrid financial institutions, or "FinBanks," could play a pivotal role in advancing Dubai’s D33 Economic Agenda by blending traditional banking with cutting-edge fintech innovations like blockchain, AI, and smart contracts. These FinBanks would revolutionize financial services by offering blockchain-powered cross-border payments, reducing transaction times and costs, and providing multi-currency digital wallets for seamless international transactions. Additionally, AI-driven wealth management and personalized financial advice would attract a diverse range of global investors, making Dubai a hub for both everyday consumers and high-net-worth individuals. This fusion of traditional trust and modern technology aligns with Dubai's goal to become a leader in global finance, driving economic growth and reinforcing its position as a pioneer in fintech and sustainable financial services.
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