29 Rabi' II 1446 - 1 November 2024
    
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Eye of Riyadh
Business & Money | Tuesday 23 February, 2016 11:50 am |
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GCC Blockchain Technology Seminars Announced

Following the recent announcement by The Dubai Museum of the Future Foundation about the formation of the Global Blockchain Council, Blockchange Consulting are pleased to announce a series of one day seminars across the GCC region.

Each of these seminars will provide an introduction to Digital Currencies and the underlying Blockchain Technology, how the technology will reshape the future of banking and financial services, and showcase what banks and financial institutions around the world are already doing with the technology.

The seminar series kicks off in Dubai on Tuesday 10th May, 2016, followed by Abu Dhabi on Wednesday 11thMay, 2016, Doha on Tuesday 17th May, 2016, and finishing up in Bahrain on Thursday 19th May 2016. Registrations can be made at http://www.Blockchanges.com

Blockchain Technology is widely regarded as one of the most significant technological innovations since the creation of the Internet, and has the potential to completely revolutionise banking and financial services. A Blockchain is essentially a decentralised distributed ledger that operates on a peer-to-peer network which cannot be altered or changed by any individual, business, or government, providing unparalleled levels of transparency and security. The Blockchain is at the heart of many of the world's digital currencies (such as Bitcoin), but its potential applications are truly endless.

Digital Currencies and Blockchain technology could be described as disruptive technologies as they are forcing the world of banking and financial services to evolve much like Napster did to force the music industry to evolve.

The creation of the Global Blockchain Council by the Dubai Museum of the Future Foundation represents a significant landmark, not only for the technology, but for businesses operating in the region.

Stef van Leijden, Director of Business Development for Blockchange DMCC said "it is vital that banking and financial services businesses in the region understand the importance of this announcement and the potential of this technology. Banking and financial services businesses will be forced to embrace this technology in the future, whether they like it or not, so it makes sense to understand and embrace the technology at the earliest possible opportunity."

Blockchange DMCC is proud and honoured to have been a part of the council, which while only announced recently, has actually been a year in the making. We look forward to working with the new members of the council to ensure Dubai leads the way in this exciting segment of FINTECH innovation.

Blockchange DMCC is a consultancy and tech development company focused specifically on Blockchain Technology. We provide educational and consultancy services to banks, financial services businesses, governments and regulators. Our technology division is also actively developing a range of solutions utilising Blockchain Technology.

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