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Smart Dubai to be Key 1 Sponsor of UNLOCK Forum on Blockchain & the Future of the Sharing Economy

Smart Dubai has signed on as a Key 1 enroller for the UNLOCK Forum on Blockchain and the Future of the Sharing Economy, arranged by Al-Iktissad Wal-Aamal Group.

The UNLOCK Forum, which will be held in between January 14th and 15th of 2018 in Dubai, UAE, will combine prominent international experts on Blockchain technology, along with more than 400 attendees from across the region. The forum aims not only to increase recognition and knowledge on Blockchain innovation and its execution throughout various sectors, however additionally to display Dubai Blockchain Technique's success and future plans for 2020 and beyond. Dubai is revered as one of the only federal governments worldwide to have actually embraced Blockchain in its entirety and across the full spectrum of government services where the innovation could be applied.

Smart Dubai is the office driving Dubai's citywide smart transformation with a vision to earn Dubai the happiest city in the world. It is the key entity behind applying the Dubai Blockchain Strategy revealed by H.H. Sheikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Royal prince of Dubai and Chairman of the Board of Trustees at the Dubai Future Foundation (DFF).

"Dubai has actually been making wonderful strides in its citywide smart transformation, tapping all cutting-edge modern technologies in an initiative to tailor them to satisfy the demands of its citizens," said H.E. Dr Aisha Bint Butti Bin Bishr, Director General of the Smart Dubai Office. "The Dubai has taken a confident lead in launching strong and pragmatic efforts and tasks that utilize modern technology to earn individuals's lives simpler and happier. We, at Smart Dubai, are committed to achieving our objective and goals making Dubai the smartest and happiest city in the world and are always all set to supply assistance for and share our substantial proficiency with occasions and jobs that can spread out development and joy in Dubai and the UAE."

For his part, Wesam Lootah, Smart Dubai Government Establishment (SDG) added, "Blockchain is one of one of the most cutting edge developments humankind has had in recent years, but the world stays reluctant - and, at times, averse - to discover and use the technology to its full potential. This is not the case in Dubai, where the government released the Dubai Blockchain Method to become the initial government on the planet to totally do away with paper deals and accomplish all its business through Blockchain technology by 2020. Dubai likewise recently held the Global Blockchain Challenge, where we sought to supply a look and a roadmap to the limitless chances that this modern technology can offer."

Blockchain is considered to be the most innovative invention in the past 200 years. It is already being executed throughout the financial field, supply-chain procedures, investor field, retail, real-estate and even more. However, considereding as it is an incipient modern technology, there is still a lot to learn as it grows and develops itself.

Walid Abou Zaki, Executive Director of Al-Iktissad Wal-Amaal, specified, "Unlike the days of the internet boom, innovation today is not only a Silicon Valley trademark; today, with mobile, internet, and the expansion of innovation, the MENA region could get started and develop its very own innovative Blockchain remedies, applications and systems. With the support of introducing federal governments such as Dubai, it is possible to build an ecological community that could export expertise to the remainder of the world. We are happy to be holding this meeting in Dubai, with the support of Smart Dubai, and welcome all to join creating the future today."

For more details on UNLOCK Forum please visit www.unlock-bc.com

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