Global Experts Discuss Governance, Adoption Of Blockchain Technologies In Vital Sectors #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / News / Local News
Local News
   

Global Experts Discuss Governance, Adoption Of Blockchain Technologies In Vital Sectors
(8 October 2019)

 

The UAE's Centre for the Fourth Industrial Revolution hosted local and international experts from government and private entities, and blockchain technology providers, to identify the main governance challenges in adopting blockchain technology in government and private sectors.

The meeting was held as part of the centre's Blockchain Governance Accelerator programme, organised in collaboration with the World Economic Forum and the Dubai Future Foundation.

Participants discussed maintaining data trust amongst stakeholders, aligning incentives between organisations, connecting with similar blockchain providers and protecting commercially valuable information.

The experts also stressed the importance of cooperation between the sectors to align efforts being made in blockchain technology, to facilitate the participation of individuals, companies and government agencies in the development of an integrated system, and to identify the roles and responsibilities of partners and stakeholders.

Mariam Al Muhairi from the UAE’s Centre for the Fourth Industrial Revolution said, "The organisation of the Blockchain Governance Accelerators programme aims to discuss current and future challenges presented by this technology, as well as to align efforts and ideas presented by various stakeholders to adopt innovative technologies and develop the necessary roadmaps for implementation."

Over six days, the programme's participants worked in four groups to develop potential pilot projects for blockchain in various sectors. With support from the Dubai Future Accelerators, DFA, the exercise saw the productive collaboration of government and private sectors in a short period to develop successful frameworks for blockchain implementation.

The UAE’s Centre for the Fourth Industrial Revolution will provide support to participants to move their pilot projects from concept to reality by providing governance support and working alongside the DFA to facilitate meetings and deployment planning.

The participants used a World Economic Forum toolkit to design a deployment journey for the pilot projects that could overcome the challenges in blockchain deployment in key sectors such as supply chain.

The pilot projects focused mainly on ways to deploy blockchain technology to enhance the ability to validate goods, improve the efficiency of prosecution on the distribution of counterfeit products in the UAE, improve the performance of the customs authorities to enhance the UAE's position as a preferred shipping destination, and develop effective infrastructure for authentication mechanisms for goods and services. Besides, the projects focused on supporting the retail and trade sectors through advanced solutions that enhance the efficiency of business transactions.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



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

     
 
email print
1513
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

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