H.H. Sheikh Mansour bin Mohammed bin Rashid Al Maktoum opened today Dubai’s Future Blockchain Summit,the region’s most influential event dedicated to the growing online ledger.
The second annual event, which is being hosted by the Smart Dubai Office in partnership with the Dubai World Trade Centre, will host the region’s largest gathering of blockchain experts, implementing blockchain to lift the veil on the technology, focusing on the countless ways that it is altering industries and delivering multi-billion dollar opportunities for the international blockchain industry, which is expected to grow to be worth US$20 billion by 2024.
The Summit will feature the world’s first ‘City of the Future’ experience of a city built on blockchain through an exploratory interactive journey of a typical life on the blockchain, and will host Smart Dubai’s official Blockchain Challenge and the PwC orchestrated Global Leaders Exchange.
The second annual Future Blockchain Summit will give visitors an unprecedented vision of the potential of blockchain technology in the UAE. A key pillar within the Dubai Blockchain Strategy, the Future Blockchain Summit comes as Dubai continues to progress toward its goal of becoming the world’s first government to execute all applicable transactions using blockchain technology by 2020.
The event is expected to welcome more than 10,000 international visitors, 60+ exhibiting startups and established businesses.