Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / Features / Integration of blockchain tech crucial to Dubai’s goal to go paperless by 2021
Special Features

Integration of blockchain tech crucial to Dubai’s goal to go paperless by 2021

Blockchain technology is undeniably a brilliant invention, which, if implemented correctly, can make a huge impact across governments and industries. The long journey to its successful implementation was discussed at a session on ‘The Road to Digital Economy: The Role of Blockchain’, held in partnership with International Monetary Fund (IMF), at the World Government Summit 2019 today. Delegates at the session included Dr. Aisha Bin Bishr, Director General, Smart Dubai, UAE, Siim Sikkut, Government Chief Information Officer, Republic of Estonia, Therese Couture, Director of the Treasury Operations Department, World Bank, Nelson Chow, Chief Fintech Officer, Hong Kong Monetary Authority, and Promoth Manghat, Executive Director and CEO, Finablr.

The session focused on blockchain technology implementations by governments, its opportunities and limitations, diversified application of the technology, regulatory issues and the increasing public interest.

"Bringing stakeholders together to implement the blockchain technology is a challenge that governments face. We know that blockchain can make life easier and secure, but the basic implementation needs work. The Dubai government is working tirelessly to facilitate the right implementation of this technology," said Dr Aisha Bin Bishr.

Speaking about the use of Blockchain in the Estonian government, Siim Sikkut, said: "Implementing technology for the effective functioning of our government is important to us. Technology is generally driven by efficiency and we have been experimenting with various digital innovations.

"Blockchain technology features prominently on our list of tools for digital advancements. We are in the process of figuring out how to create a seamless integration of information and services between various government organizations. Data does take top priority, having a single way to manage and share data across entities will ensure efficiency and build trust."

Therese Couture spoke about financial inclusion, while the panel discussed how an astounding number of over one billion people do not currently have bank accounts which should also be prioritized along with the inclusion of advanced technologies.

Smart Dubai is also increasingly pioneering towards making Dubai a technologically and environmentally advanced city. It has embarked on a journey to make the Dubai government paperless by 2021.

The session concluded with a roundup on the effectiveness of blockchain technology and the transformative power it possesses to improve governments and organizations.

The three-day World Government Summit 2019 runs until February 12 at Madinat Jumeirah in Dubai. The landmark event has convened more than 4,000 participants from 140 countries, including heads of state and governments, as well as top-tier representatives of 30 international organizations.



We accept Guest Posts

  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     


View Special Features by Category.
Airlines & Airports
Art & Gallery
Banks & Financial sector
Business
Car Industry
Construction
Dubai Government
Dubai Metro
E-Guides
Eco-Friendly
Education & Institutions
Electronics
Entertainment
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Home/Furnishing/Interiors
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Mortgage
Music
Online Food Service
Online Store
Organisations
Other
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Restaurants
Shopping Malls
Spas
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Technology
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top





Daily Guide

 



Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance