Home / Business / Smart Dubai’s Future Blockchain Summit 2019 highlights city’s technological commitments

Smart Dubai’s Future Blockchain Summit 2019 highlights city’s technological commitments

Smart Dubai’s Future Blockchain Summit 2019 will shone the spotlight on excelling Blockchain technologies, moving conversation beyond theoretical use-cases and into real-life opportunities.

It will look at Blockchain use across the world’s most integral industries, including retail and ecommerce, healthcare, transportation, education, food, hospitality and tourism, energy, fintech and banking, safety and security.

The second edition of the world’s most influential Blockchain event will take place on 2nd and 3rd April, 2019, at the Dubai World Trade Centre, DWTC.

The event will host speakers from world-renowned brands like Coca-Cola, Tencent, Johnson and Johnson, Maersk, HSBC, eBay and Lufthansa. Government entities including du, Dubai Land Department and Dubai Health Authority will all be on-hand to showcase their advancements and use cases in the revolutionary technology.

“We are already seeing a multitude of ways in which Blockchain can transform a community,” said Dr. Aisha Bint Butti Bin Bishr, Director-General, Smart Dubai Office. “Smart Dubai has been working on over 20 citywide Blockchain use cases in partnership with the government and private sector, and we will see many more in the months and years to come.

“Dubai is committed to exploring the potential of this technology to support our ambitious goal of becoming the world’s happiest city, and we have already come a long way since the inaugural Future Blockchain Summit. We want Dubai to be a global blockchain hub that will lead the way in developing the technology further allowing us to improve lives not only locally, but on a global scale too.”

At 2018’s debut Future Blockchain Summit, 76 per cent of visitors admitted attending with the sole purpose of trying to understand what Blockchain is. This year more than 140 hours of speaker sessions will seek to demystify and unpack the technology – all in the presence of more than 80 exhibiting start-ups and established businesses, and experts from no fewer than 130 countries.

Globally, the Blockchain market is set to shoot to a value of US$60billion by 2024, up from $708million in 2017. Already, Blockchain technology has transformed the financial industry with the incredible success of cryptocurrencies in recent years. Healthcare, real estate and energy industries are also reporting success with the implementation of Blockchain technology.

Smart Dubai, in partnership with Dubai Future Accelerators, will use the 2019 Future Blockchain Summit to launch the third round of the Global Blockchain Challenge. The challenge will see start-ups from around the world pitch projects that can contribute to the goals of the Dubai Blockchain Strategy, aimed at eliminating 100 million paper transactions-a-year, saving $1.5billion, and make Dubai the first Blockchain-powered city by 2020.

The show will also host the BlockHealth Summit, organised by the Patientory Association, which will lead the discussion on Blockchain adoption in the healthcare industry.

In a world first, Future Blockchain Summit 2019 will have the industry’s debut gamified and tokenised Blockchain event – the “City of the Future” Experience, powered by du. It will also have an investor programme aimed at supersizing start-up funds, allowing start-ups to break the ice with big-ticket investors; a Blockchain Networking platform; and swathes of live performances, case studies, demo showcases and product launches.

Trixie LohMirmand, Senior Vice President, Exhibitions and Events Management, Dubai World Trade Centre, said, “Last year’s Future Blockchain Summit lit a spark in Dubai’s technology community that has spread throughout the world. We saw launches, speakers making their regional debut and thousands of like-minded first-movers coming together to shape the future of blockchain.”

Source: WAM

Check Also

Israeli settlers attack Palestinian villagers with stones

Israeli settlers drove through a Palestinian village in the occupied West Bank, throwing rocks through …

Leave a Reply

Your email address will not be published.