Dubai Customs holds Blockchain technology workshop
The Business Innovation Department in Dubai Customs has organised a workshop for the employees on blockchain technology in the customs field.
Renowned American blockchain expert Chris Benet, an influencer in blockchain and founder of Aenea company, the leading company in empowering growth with blockchain, took part in the 4-day workshop.
The workshop, attended by 68 male and female employees from different departments in Dubai Customs, is part of Dubai Customs efforts to capitalise on blockchain technology and support the Dubai Blockchain Strategy, which aims to make Dubai the first city fully powered by blockchain by 2020.
Hussam Mohammed, director of the Business Innovation Department inaugurated the workshop.
Chris Benet introduced the main applications and functions of blockchain technology and best means to invest this technology in customs and supply chain work. Benet enriched his lecture with examples of real scenarios and case studies.
A number of work teams were formed in the workshop, and each team worked together to develop a blockchain scenario in customs field.
Hussam Mohammed said:” Dubai has positioned itself as a global city, attracting foreign trade and tourism and earning its place as an international business center. Dubai government’s blockchain strategy calls for the shift of all applicable transactions to blockchain by 2020.”
He added: “Blockchain is like a new operating system for trust. It creates a single, shared version of the truth that no single entity owns or controls. This leads to increased trust and integrity in the flow of information among participants.”