Dubai is making good on its nickname as the ‘City of the Future’. Its government had previously formed Smart Dubai, an agency created with the aim of making Dubai the most technologically advanced, and smartest city in the world. Part of that journey is to include blockchain-based services into a number of sectors.
Both IBM and Consensys have entered into strategic partnerships with the agency in advisory roles in order to help realize the goals of Smart Dubai.
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The applications are in various fields, some of them are in RTA, road and transport, some of them are in energy, health and education. These 20-use cases are under pilot, and we are looking forward to see the results so we can scale it.
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Even though the initial deadline for the launch was scheduled for 2020, Bisher is confident that it can be completed this year. In fact, blockchain technology is already being used for land registry transactions.
Other government sectors, such as Department of Naturalization and Residency Dubai, are also running pilot programs. Additional departments, including Dubai Customs, are collaborating with IBM on future initiatives.
Bisher also said:
Dubai broke ground when the world reluctantly approached this technology. Already, blockchain is rewriting how we deal with city services. In just a handful of years, blockchain has transformed key aspects of our city.
— Juan Llanos (@JuanLlanos) January 14, 2018
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He further explained:
We strongly believe in the technology’s immense potential for enterprises of all scales and industries. It allows them to sharebusiness processes with suppliers, customers and partners, leading to new opportunities for multi-party collaboration and eventually exciting new businessmodels.
Governments in the Arabian Gulf, including the United Arab Emirates, are looking to invest in technology to substantiate oil revenue, the latter of which has suffered recently due to oil price declines.
Images courtesy of Chris Whiteoak/The National, Pexels
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