Dubai rapidly moving toward becoming first Blockchain powered government by 2020

Dubai rapidly moving toward becoming the world’s first blockchain powered government by 2020

Date       :   July 19th, 2017
Theme   :   The state of Blockchain in UAE

Sami Tayara, CEO, Aiqual Technology had the privilege to participate in this Blockchain event hosted by the CIOMajlis™  roundtable. Dan Frankel of Consensys was the main speaker, followed by a valuable Q&A session where the technology use cases were discussed and issues related to the technology’s maturity and resilience addressed.

It is commendable that Dubai government is leading with its vision and has set in motion concerted initiatives to make Dubai the first government to adopt Blockchain technology by 2020.

Aiqual Technology shares this vision and has launched R&D activities for VATchain™ a first VAT compliance solution that utilizes Blockchain to improve the efficiency and lower the overhead of the end-to-end VAT compliance process.

For an introduction to Blockchain technology and what it can do, we recommend watching this video by the World Economic Forum:

 

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