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Meanwhile, the UAE is also seeing a flurry of partnership deals between industry players and universities to aggressively ramp up the local blockchain talent pool amidst growing fears of a talent shortage hindering its current surge in mainstream adoption and limit the potential to drive significant economic growth and innovation in the country and region. Both startups and established enterprises are collaborating with universities and training providers to develop blockchain-specific courses and bootcamps on war footing even as businesses, governments and individuals are increasingly getting drawn to its potentials to streamline processes, reduce fraud, and enable more secure and transparent transactions, industry players told Arabian Business.