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Saturday, 14 October 2017

World Blockchain Summit to discuss Blockchain success in Dubai

In line with the Dubai Blockchain Strategy unveiled last year, the Smart Dubai Office (SDO) in the UAE is working towards the goal of making Dubai the first Blockchain-powered government in the world by 2020. As one of the early adopters of Blockchain, SDO will share Blockchain success at the World Blockchain Summit on 24-25 October, 2017 in Dubai.

SDO will utilise the Middle East's biggest Blockchain platform to discuss how Blockchain can revolutionise industries. HE Dr Aisha Butti Bin Bishr, Director General of the Smart Dubai Office (SDO), said in an interview leading up to the summit that the integration of Blockchain is a key link in the evolution of a smart city. She said it would bring unprecedented efficiency and productivity to the financial sector and practical benefits and applications across a wide number of industries.

"Through our participation, we are not only highlighting our achievements in the field but also our future vision to leverage technology for boosting the happiness of our people and establishing Dubai as the happiest and smartest city on earth," she added.

Wesam Lootah, CEO, Smart Dubai Government Establishment (SDGE), said in another interview that the launch of the Dubai Blockchain Strategy has been a game changer that reflects how seriously Dubai views Blockchain. SDGE will present successes in Blockchain technology and show its commitment to leveraging it fully as part of Smart Dubai ambitions. By 2020, SDGE aims to conduct all applicable government transactions through Blockchain technology, ceasing paper transactions and creating a new model in government operations, he said.

"We are also focused on nurturing the competencies of our tech-savvy youth in this sector having launched the Global Blockchain Challenge, highlighting our commitment to be the first-adopter of modern technologies for the happiness of the community and efficiency of our operations," he added.

Endorsed by SDO and organised by Trescon, the World Blockchain Summit will kick off with a keynote from Wesam Lootah on The Current State and Vision of the Dubai Blockchain Strategy. Other speakers include Jack Shaw, Executive Director, American Blockchain Council; Jeremy Millar, Chief of Staff, ConsenSys; and Hans Christensen, Director, Dubai Silicon Oasis Authority.

Mohammed Saleem, CEO of Trescon said, "Blockchain technology has naturally caught the attention of all the business leaders. The World Blockchain Summit is perfectly positioned to serve the demands of financial services industry - to emerge from all the hype and make it through a proof-of-concept stage. With Blockchain moving at an incredible pace across every business domain, we are taking our Blockchain series further afield to connect businesses with opportunities in many parts of the world including Moscow, Cape Town, Singapore and Barcelona."

The summit will also host the regional finale of Startup World Cup, a global competition that brings together the top startups, venture capitalists, entrepreneurs and tech CEOs. Startups working in the Blockchain space have an opportunity of winning the regional cup of the Startup World Cup with free flights to San Francisco, US to compete with 16 other contestants to win a US$1 million grand prize.

Smart Dubai is anchored in the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, to make Dubai the happiest city on earth. Collaborating with private sector and government partners, Smart Dubai is the government office charged with facilitating Dubai's citywide smart transformation, to empower, deliver and promote an efficient, seamless, safe and impactful city experience for residents and visitors.

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