The Intelligent Dubai Office (SDO) has won an award for its Dubai Blockchain Strategy initiative.
Announced throughout the Smart Cities Expo and Planet Congress that took spot in Barcelona last week, the City Project Award recognizes the most “innovative and successful” projects being implemented in an urban development location.
Dubai’s Blockchain Approach was set up to move all of the government’s transactions on the web making use of blockchain tech by the year 2020. The work won the award amid stiff competition from 308 projects from 58 nations, an Emirates News Agency (WAM) report stated.
According to Wesam Lootah, CEO of the Wise Dubai Government, the move marks a “testament” to the country’s status in adopting new technologies, adding that Smart Dubai is planning to apply blockchain beyond its personal applications.
“In truth, we are at the moment functioning to outline the very first set of international requirements for blockchain application in government.”
For the duration of the event, the SDO and its partners showcased the country’s accomplishment in adopting and implementing smart technologies, with a Intelligent Dubai booth also demonstrating its most current developments.
Dubai image by means of Shutterstock
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Published at Mon, 20 Nov 2017 ten:00:05 +0000