Could blockchain run a city state? Inside Dubai’s blockchain-powered future | ZDNet

Earlier this year, Dubai announced its intention to turn itself into the first blockchain-powered government in the world by 2020.

These ambitions are part of the emirate’s goal of becoming a global business hub, with next-generation technology playing a key role in delivering this vision.

With urbanization well above the global average, a young tech-savvy population and a raft of major infrastructure projects, the Gulf region is helping pioneer the smart city model.

Although most blockchain initiatives are still in their early phases, Gartner’s annual Hype Cycle for Emerging Technologies report, predicts that in the “long-term… this technology will lead to a reformation of whole industries”.

It’s an optimism that has spread to multiple businesses, governments and entrepreneurs in Dubai. In 2016, more than 30 government entities and international companies came together to launch the Global Blockchain Council.

Read more: Could blockchain run a city state? Inside Dubai’s blockchain-powered future | ZDNet

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Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future.

He lives in London with a single android – a temperamental vacuum cleaner – but is looking forward to getting more cyborgs soon.

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Could blockchain run a city state? Inside Dubai’s blockchain-pow…

by Mike Rawson time to read: 1 min
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