Dubai Smart Department revealed the achievement of remarkable achievements within its plans to build a blockchain technology sector in Dubai, and to dedicate the emirate as a global capital for the development of this technology, pointing out that Dubai currently hosts more than 100 companies based on blockchain technology.
The department stated, at a press conference yesterday, that these achievements came from the Dubai Blockchain 2020 strategy, which was launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, in October 2016.
According to the department, the achievements included the implementation of 24 cases of use of "Block Chain" in eight sectors, in addition to the launch of Dubai policies to implement "Block Chain" technology, and the first government-approved "Block Chain" platform.
The Director General of the Department, Dr. Aisha Bint Butti Bin Bishr, said: “We work in Dubai Smart Department with our partners in government agencies and the private sector to develop a series of case studies to use Blockchain technology in a number of related fields, in line with our vision to employ Advanced technology solutions to make Dubai the happiest and smartest city on earth.
She added: “His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that 2020 will be (the year of the 50th year of preparation), as well as the readiness to celebrate the golden jubilee of the UAE by 2021, and therefore we look forward to (Smart Dubai) Double our efforts to lead the smart transformation of Dubai during the current year, by exerting more efforts and dedication to work. ”
In addition, during the conference, the department’s team presented a detailed explanation of Dubai Blockchain strategy, which revolves around three main pillars: raising government efficiency, establishing a supportive environment, and global leadership.
The team said that the strategy led to the launch of several case-studies using Blockchain technology, in addition to establishing a joint Blockchain platform with all government agencies, and launching "Dubai policies to implement Block Chain technology."
The team revealed that the department is working with government agencies to implement 24 use cases of Blockchain technology, which includes eight different sectors: finance, education, real estate, tourism, trade, health, transportation, and security.
The Dubai Smart team stated that Dubai currently hosts more than 100 companies based on "Block Chain" technology, and that the "Block Chain" market grew by 24% during 2018, exceeding the global average of 19%.
The team also reviewed the most important successes achieved in the field of "Block Chain" technology, which contributed strongly to putting Dubai in the spotlight globally in this field, from winning the first smart city based on "Block Chain" technology during the "Smart Cities and Exhibition" in the city of Barcelona, Spain, to the world Dubai headlines as the global capital of Block Chain.
Smart Dubai revealed that "Dubai Block Chain Strategy" played a major role in encouraging international "Block Chain" companies and financial technology companies, such as "Atlas Capital", to host both the "International Block Technology Exhibition" and "Block Summit". Chen International »in Dubai during the events of“ Expo 2020 Dubai ”.
Atlas Capital revealed its commitment to establish a headquarters for Blockchain technology in the District 2020 in Dubai.
"Smart Dubai" launched the platform "Block Chain Dubai", in cooperation with the company "IBM", with the aim of enabling government agencies to effect a shift in their technology tests and development to the stage of full production, and then convert and digitize compatible government operations and services.
Establishing a "block chain" platform with all government agencies.