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

Smart secure government

A key reason for adopting blockchain, argues Ahmed Adly, senior cloud computing director at Oracle, is the technology’s ability to keep data secure and optimize business decisions.

Blockchain opportunities

ArabianChain Technology CEO Mohammed Alsehli says the blockchain strategy fits with the emirate’s goal of becoming a global leader in the smart economy, fueling entrepreneurship and competitiveness.

Blockchain challenges

But this phenomenal growth presents challenges. Oracle’s Ahmed Adly says because the region has only recently adopted blockchain, it still lacks infrastructure to support all the technology’s functions.

Moving forward

Adoption of blockchain technology by multiple sectors is essential if it’s to be a success.

Dubai is home to some of the most advanced technological infrastructure in the world. Image: beatrice preve, Getty Images/iStockphoto

The future

For Alsehli, the nascent nature of this technology presents an opportunity.

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Damian Radcliffe

Damian Radcliffe

Chambers Professor in Journalism @uoregon | Fellow @TowCenter @CardiffJomec @theRSAorg | Write @wnip @ZDNet | Host Demystifying Media podcast https://itunes.app