Dubai, The City of Future, and its government are working on pilot programs to put 20 blockchain platforms into effect in 2018, as part of its Smart City concept. The government has formed a team which is to supervise Dubai’s technological development, including Bitcoin related services and sectors. A strategic partnership between IBM, Consensys and the appointed agency has been made to help the city realize its goals in a short period of time.
The project includes exclusively top-of-the-rank technologies and blockchain is one of our top priorities, said Aisha Bint Buti bin Bisher, director general of Smart Dubai. She welcomes the implementation of cryptocurrency systems which can improve people’s experience and overall quality of life in the Arabian Gulf. She remains convinced that the use of applications in various fields such as health, energy, education and transport will be of great benefit for the city’s residents. A lot of these technologies are already being used for land registry transactions, even though the initial launch is scheduled for 2020.
In like manner, other government sectors have also started using similar pilot programs. The Department of Naturalization and Residency and Dubai Customs are working closely with IBM in developing future initiatives and systems that will improve service delivery and blockchain applicability; more than 25 million hours of productivity will be saved per year, thanks to its modern and practical benefits!
Dubai is both technologically and financially more advanced than any other city in the world, and it is just a matter of time before it becomes a blockchain hotspot and capital of cryptocurrencies, adds Bisher. National technology officer, Ramez Dandan, discussed at the very same conference about an impressive rate of modern crypto-based technologies and said that their full potential for enterprises is yet to be revealed.
Source:
“Dubai Plans To Launch 20 Blockchain-Based Services In 2018”, Blows Nikita, bitcoinist.com, January 16, 2018.
coolsongss 6 years ago Hero Member
Huh, I wonder how the 20 pilot programs are going on by now. It seems that the block chain platforms will be used up to 20 sectors. It should involve Bitcoin and other cryptocurrencies in platforms... hmmm.. As I remember, Dubai almost went to bankruptcy around 10 years ago. I hope that any kind of failure from blockchain...
Huh, I wonder how the 20 pilot programs are going on by now. It seems that the block chain platforms will be used up to 20 sectors. It should involve Bitcoin and other cryptocurrencies in platforms... hmmm.. As I remember, Dubai almost went to bankruptcy around 10 years ago. I hope that any kind of failure from blockchain (and/or Bitcoin) would not be as bad as 10 years ago.
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Vanenhox 6 years ago Sr. Member
According to many financial markets' experts, the future of Bitcoin, and other block-chain currencies, is still more than a little uncertain. Many of these analysts believe that Bitcoin could go the way of the Dutch Tulip Bubble of 1637... So, in a way, Dubai is also a city of interest to gamblers, as it seems to be rolling...
According to many financial markets' experts, the future of Bitcoin, and other block-chain currencies, is still more than a little uncertain. Many of these analysts believe that Bitcoin could go the way of the Dutch Tulip Bubble of 1637... So, in a way, Dubai is also a city of interest to gamblers, as it seems to be rolling the dice on the future of Bitcoin.
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Leon21 6 years ago Full Member
Dubai is known for being technologically and financially sophisticated. The benefits of gearing the city for a cryptocurrency future are certainly vast and it can already be seen in the use of land registry transactions. Very interesting seeing the how the implementation of blockchain services grows more relevant each...
Dubai is known for being technologically and financially sophisticated. The benefits of gearing the city for a cryptocurrency future are certainly vast and it can already be seen in the use of land registry transactions. Very interesting seeing the how the implementation of blockchain services grows more relevant each day in many countries and industries.
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