8,000 visitors for Smart Dubai’s blockchain summit

MAGNiTT News tradearabia.com - 1 year ago - Wed, Mar 20, 2019, 6:50 AM

8,000 visitors for Smart Dubai’s blockchain summit
Author: MAGNiTT

By: Trade Arabia

 

SOURCE: Trade Arabia - 8,000 visitors for Smart Dubai’s blockchain summit


More than 8,000 international visitors are expected to participate in Smart Dubai’s upcoming Future Blockchain Summit, the world’s most influential blockchain event, in Dubai, UAE.

The second edition of the event will take place on April 2 and 3 at the Dubai World Trade Centre (DWTC).

Future Blockchain Summit 2019 will shine the spotlight on excelling blockchain technologies, moving conversation beyond theoretical use-cases and into real-life opportunities. It will look at blockchain use across the world’s most integral industries, including retail and ecommerce, healthcare, transportation, education, food, hospitality and tourism, energy, fintech and banking, safety and security.

The event will host speakers from world-renowned brands like Coca-Cola, Tencent, Johnson & Johnson, Maersk, HSBC, eBay and Lufthansa. Government entities including du, Dubai Land Department and Dubai Health Authority will all be on-hand to showcase their advancements and use cases in the revolutionary technology.

“We are already seeing a multitude of ways in which blockchain can transform a community,” said Dr Aisha Bint Butti Bin Bishr, director general, Smart Dubai Office. “Smart Dubai has been working on over 20 citywide blockchain use cases in partnership with the government and private sector, and we will see many more in the months and years to come.

“Dubai is committed to exploring the potential of this technology to support our ambitious goal of becoming the world’s happiest city, and we have already come a long way since the inaugural Future Blockchain Summit. We want Dubai to be a global blockchain hub that will lead the way in developing the technology further allowing us to improve lives not only locally, but on a global scale too.”

The 2019 Global Leaders Exchange

At the heart of this year’s Summit will be the PwC Middle East-backed Global Leaders Exchange – a closed door, round-table discussion where senior government and business officials will work to catalyse blockchain use by focusing on two central themes: establishing policy for blockchain implementation, and positioning crypto-assets in a time of market turbulence.

Ahmad AbuHantash, technology consulting partner at PwC Middle East, said: “Blockchain technology is enabling governments and businesses to increase transparency, conduct transactions securely, and increase efficiency. Like any emerging technology, its application requires robust government support and in some cases regulation to increase adoption, drive innovation and increase people’s happiness.”

“Dubai is leading the way forward in its ambition to become the first blockchain-powered government, with vision and leadership to pioneer the use of the technology and provide governance within key industry verticals such as real estate, financial services and healthcare.

“Our new report, which will launch ahead of the Future Blockchain Summit in April, draws a roadmap for organisations that are seeking to make use of this technology and make the transition from proof of concept projects to implementation,” he added.

Overcoming blockchain’s biggest challenge: a lack of understanding

At 2018’s debut Future Blockchain Summit, 76 per cent of visitors admitted attending with the sole purpose of trying to understand what blockchain is. This year, over140 hours of speaker sessions will seek to demystify and unpack the technology – all in the presence of more than 80exhibiting startups and established businesses, and experts from no fewer than 130 countries.

Globally, the blockchain market is set to shoot to a value of $60billion by 2024, up from $708million in 2017. Already, blockchain technology has transformed the financial industry with the incredible success of cryptocurrencies in recent years. Healthcare, real estate and energy industries are also reporting success with the implementation of blockchain technology.

Show features that will make the technology more accessible than ever

The Summit will have no less than six live conference and seminar stages, which will be home to many of the most talked about names in technology. The event’s new BlockBASIC Asia Forum – held in partnership with Camelot International Conferences – will shine a light on Asia’s prominent journey in early blockchain adoption, with the continent already established as a standard-setting incubator for innovation. The Forum will seek to connect Asia-based entrepreneurs and investors over truly ground-breaking blockchain innovations.

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