14 March 2017
The Smart Dubai Office (SDO) today announced 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 His Highness Sheikh Hamdan Bin Mohammad 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 H.E Dr.Aisha Bin BIshr, Director General, Smart Dubai Office.
Over the coming months, Smart Dubai will conduct workshops with key Government, semi-Government and private organizations in Dubai to identify and prioritize the services that can be most enhanced by the application of blockchain technology. These workshops will also educate Dubai’s public and private sector community on blockchain technology while highlighting its current and future potential. After these workshops, the public and private sectors can work collaboratively to roll out blockchain pilots throughout 2017. Moreover, Smart Dubai will design and build a shared Blockchain as a Service (BaaS) Platform for Dubai Government entities to use for implementing their blockchain pilots and projects.
“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 HE 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
“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 analyzing, 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
The Dubai Blockchain Strategy aims for Dubai to become the first blockchain-powered city by 2020. It is based on three pillars that center on implementing blockchain technology in government services, supporting the creation of a blockchain industry through empowering startups and businesses, and leading global thinking on blockchain technology.
In support of the “Industry Creation” pillar of the strategy, SDO has launched the Smart Dubai Office Blockchain Challenge in partnership with global accelerator 1776 in February 2017 which aims to identify the most innovative blockchain ideas from startups around the world and bring them to Dubai to deliver impactful city experiences for residents and visitors alike. Moreover, SDO has launched in February 2017 the Smart Dubai Office Accelerator at the Dubai Future Accelerators with several promising start-ups currently working at the accelerator to innovate in the use of blockchain technology for shared Government services.
For more information on the Dubai Blockchain Strategy, please visit the website: http://www.smartdubai.ae/dubai_blockchain.php
About Smart Dubai
Smart Dubai is anchored in the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, to make Dubai the happiest city on earth. Collaborating with private sector and government partners, Smart Dubai is the government office charged with facilitating Dubai’s citywide smart transformation, to empower, deliver and promote an efficient, seamless, safe and impactful city experience for residents and visitors.
Smart Dubai is committed to a collaborative and agile approach to Dubai’s smart city transformation, empowering strategic partnerships with the public and private sector and academia to design and implement services and elevate citywide through leadership, in line with its mission to make Dubai the happiest city on earth through technology innovation.
IBM is rapidly expanding its blockchain capabilities and actively working with companies to make Hyperledger-based blockchain ready for business. Financial services, supply chains, IoT, risk management, digital rights management and healthcare are some of the areas that are poised for dramatic change using blockchain networks.
ConsenSys is a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions and developer tools for blockchain ecosystems, focused primarily on Ethereum. Powered by smart contracts and secured through encryption, our applications provide the benefits of transparency, auditability, and immutability that are unique to blockchain-based solutions. For more information please go to www.consensys.net.
© Press Release 2017