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The Dubai office won an award for its Dubai Blockchain strategy at Smart Cities Expo and World Congress Barcelona, beating competition from 308 other projects from 58 countries.
Launched in 2016, the Dubai Blockchain Strategy predicts that the Dubai government – among many goals – will execute all its transactions and place all its documents on a blockchain by 2020. The aggressive blockchain-forward position of Dubai government was first revealed in February 2016, when its "Future Museum Foundation" created the "Global Blockchain Council" in the city. The ultimate goal? Dubai intends to become the first city in the world to use blockchain technology. The effort now sees a wider recognition.
The Smart Dubai office (SDO) took over the City project last week and was hailed as the "most innovative and successful" project that is already implemented or developed in a designated urban area. In addition, a report from The Gulf Today quotes the CEO of the Smart Dubai Government Institution, Wesam Lootah, revealing a concentrated effort to define international standards for the applicability of blockchain to government.
Highlighting the international award as a "great honor" and a "testament" to the embrace of the emirate's blockchain technology, Lootah said:
We, at Smart Dubai, plan to go beyond the simple application of Blockchain technology in our operations; in fact, we are currently working to define the first set of international standards for blockchain application to the government. We are confident that our experience will inspire cities around the world and bring new opportunities to implement Blockchain in all areas of life.
The SDO also presented blockchain solutions to improve governance models as well as to highlight the role of data in the Dubai Smart City initiative during the event.
Other related initiatives in the city-state include a citywide blockchain payment system approved by the Dubai government in early April, placing its land register in a blockchain in the coming years and moving to blockchain technology. airport.
Image from Shutterstock.