The Smart Dubai Office announced the winners of its Global Blockchain Challenge. The top three startups - Sun Exchange, Educhain, and Everledger - were awarded a total of $45,000 to pilot their blockchain products in Dubai and help achieve the city's goal of becoming the first blockchain-powered city by 2020. The challenge aimed to identify startups around the world developing innovative blockchain solutions that could help improve services, governance, and business in Dubai. The winning startups' projects spanned areas like energy, real estate, identity management, payments, education, healthcare, and supply chain management.
1. Smart Dubai Office and 1776 Announce Winners of the Global Blockchain Challenge in
Dubai
The Smart Dubai Office introduced the outcomes of the first Blockchain Challenge today
at the Dubai Design District (D3), awarding a grand total amount of USD 45,000 to the
most Jobs in UAE appealing services using blockchain innovation from 21 worldwide
start-ups. The winning start-ups now have an opportunity to pilot their products in
Dubai and add to the Dubai
Blockchain Strategy which was introduced by the Smart Dubai Office and the Dubai
Future Structure in October 2016 with an objective to make Dubai the initial Blockchain-
powered city by 2020.
Her Excellency Dr. Aisha bin Bishr, Director General of the Smart Dubai Office,
congratulated the victors for their duty in the Dubai Blockchain Strategy, claiming the
2. outcomes show just what is feasible when people Media marketing in Dubai and cities
interact. "The Dubai Blockchain Challenge has actually involved with the most innovative
start-ups across the globe, to push the limits of just what is feasible when we accept
arising technologies to improve lives," Her Excellency said.
" The boys and women who joined the Dubai Blockchain Obstacle are adding their
beneficial experience to accomplishing the vision of His Highness Sheikh Mohammed bin
Rashid Al Maktoum, to earn Dubai the happiest city in the world," she stated. "Their
development services will Media Advertising in Dubai suggest better city experiences for
everyone in the extremely future." Abraham Cambridge from Sun exchange took the top
place prize of USD 20,000. Mark Balovnev from Educhain put second and won USD
15,000. 3rd place reward of USD 10,000 mosted likely to Scott Austin from Everledger
The following participants additionally obtained unique recognition due to their
appealing ideas - Hamsa Warfa from BanQu, Fadwa Mohanna from miCity and Hasan
kurtulus from Copyrobo
" There is no much better way to make certain a bright future for individuals of Dubai
than to foster innovation as a way to encourage trendsetters to sign up unmatched
successes," stated H.E. Wesam Lootah, CEO of the Smart Dubai Government Facility.
"The Blockchain Obstacle marks an additional crucial milestone for our Dubai Blockchain
Method, which seeks to implement the leadership's vision making Dubai the initial city
in the world to carry out all of its government purchases using blockchain technology,
and to upgrade government services and ensure customer complete satisfaction."
H.E. Lootah went on to include: "Today's winners will certainly set an instance for lots of
around the world to replicate and work for the advantage of the human race. This global
competitors areas Dubai at the fore in Find a job in Dubai regards to innovation, and
opens brand-new doors for the applications of blockchain modern technology."
3. The Smart Dubai Office and 1776 introduced the Dubai Blockchain Obstacle in February
2017, asking for global startups with game-changing applications of Blockchain modern
technology, in any kind of industry, to add to the Dubai Blockchain Strategy.
"The Blockchain Challenge is one part of our cooperation with Smart Dubai Office in
achieving its objectives by connecting them to start-ups that have solutions for the
obstacles they face. At 1776, we encourage start-up ecosystems and help organizations
and firms harness the ecological community to solve complicated challenges," claimed
Evan Burfield, Cofounder and CEO at 1776. "With UNION, 1776's digital platform, we
had the ability to release a require options and recognize startups that would gain from
taking part in the challenge and functioning straight with SDO on their businesses.”
After reviewing hundreds applications, 21 start-ups were short-listed and flown to Dubai
from 18 cities from 15 countries consisting of Sweden, UK, South Korea, Netherlands,
Canada, Ukraine, Brazil, New Zealand, Vietnam, Belgium, USA, France, UAE, Italy and
South Africa. The startups took part in a two-day workshop and pitch competition,
helped with by Smart Dubai and 1776, to choose one of the most impactful. Blockchain
remedies for Dubai. The sent concepts span blockchain applications in a wide range of
topics from energy, realty, property monitoring, settlements, education, healthcare, and
supply chain administration to social behaviour.
Judges of the competition included Her Excellency Dr. Aisha Bin Bishr, Director General,
Smart Dubai Office; Peter Cerikuri, 1776 President and Global Chief Innovation Officer;
Dr. Marwan AlZarouni, Director of Information Provider, Dubai Electronic Protection
Facility; Mohammed Shael Alsaadi, Chief Executive Officer Corporate Strategic Affairs,
Dubai Division of Economic Development; Ammar Al Malik, Executive Director Dubai
Internet City and Dubai Outsource City. The competing finalists were judged on the
innovative use blockchain innovation, dimension of market opportunity, traction and
earnings, employee, and the capacity to apply the remedy effectively.
4. The competitors event was participated in by Dubai Jobs Director Generals and Chief
Innovation Administration of Dubai public and private entities, prominent financiers,
and the broader startup ecosystem.
The Dubai Blockchain Method is co-founded by Smart Dubai in collaboration with Dubai
Future Structure. Under the technique, Smart Dubai is owning the execution of the
emerging technology, in accordance with its objective to welcome technology
innovation to earn Dubai a smoother, safe, reliable and individualized city experience, to
achieve the Business in Dubai three columns of the Dubai Blockchain Strategy:
Government effectiveness, industry production and thought leadership.
To learn more on the 21 finalists of the Blockchain Challenge,
please check out the website: www.1776.vc/sdo-blockchain- challenge.
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