DUBAI, 14th March, 2017 (WAM)
The Smart Dubai Office, SDO, announced on Tuesday the kick off of the first city-wide effort to implement blockchain technology in city services with the objective of transforming and enhancing city experiences, in collaboration with IBM (NYSE: IBM) as its Blockchain Lead Strategic Partner, and Consensys as Blockchain City Advisor.
This effort is a key execution of the Dubai Blockchain Strategy 2020 announced in October 2016 by the Dubai Future Foundation and the Smart Dubai Office and is the first of its kind in the world.
"Today’s announcement marks an important step forward in our commitment to delivering Dubai’s Blockchain Strategy announced late last year by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. We are working towards our goal of making Dubai the first blockchain-powered government in the world by 2020. Collaborating with IBM and Consensys will help expedite this process, attaining Smart Dubai’s overall vision of making every-day experiences more safe, seamless, efficient and impactful for all residents and visitors of the city," said Dr. Aisha Bin Bishr, Director-General, Smart Dubai Office.
"This effort will position Dubai as the pre-eminent Blockchain powered Government. Smart Dubai looks forward to work closely over the coming months with all Government entities to Identify and prioritize the services and user experiences that would yield the most impact from the application of blockchain technology. This collaborative effort is crucial to ensuring that the city as a whole is moving in the same direction, taking advantage of synergies, and avoiding duplication of efforts and costs," said Wesam Lootah, CEO of Smart Dubai Government Establishment.
"After a competitive and rigorous process, Smart Dubai has selected IBM as the Blockchain Lead Strategic Partner and Consensys as the Blockchain City Advisor for this effort as they have demonstrated deep technical expertise in blockchain, showcasing a strong commitment to support the development of the technology towards interoperability, a direction Dubai intends to pave the way for globally," he added.
"IBM believes that blockchain will do for transactions what the internet did for information," said Takreem El-Tohamy, General Manager, IBM Middle East & Africa.
"Dubai is at the forefront of adopting this transformative technology and our collaboration today demonstrates the government’s confidence that blockchain solutions will transform government service delivery. IBM will work closely with Dubai government agencies to create cross-entity blockchain services based on a shared secured ledger that establishes accountability and transparency while streamlining business processes." he added.
"Once again Dubai has demonstrated its fast forward, yet prudent, approach to defining and delivering services on the blockchain. In analysing, selecting and offering government services on interoperable blockchains, Smart Dubai will dramatically reduce wasted time, effort and resources, and accelerate commerce locally by greatly reducing friction at the interface of business and government and in citizen services and will therefore serve as a model for the world's civic governance. ConsenSys is honored to serve as Blockchain City Advisor alongside IBM in their role as Lead Strategic Partner to put government services in Dubai on a more fluid, effective and transparent blockchain foundation." Said Joseph Lubin, CEO & Founder, ConsenSys
Source: Emirates News Agency
Illustration Photo: Dubai (Public Domain from Pixabay.com)
Adalidda, Online Community dedicated to International Development, Innovation and Sustainability
Email: email@example.com Skype: adalidda WhatsApp/Telegram: +85577778919
Adalidda is published by Smart International Consulting, an international consulting firm specialized in the management of foreign direct investment in the Southeast Asia and West Africa.
Website version 3.5.1 Copyright 2017-2016 Adalidda/Smart International Consulting