May 4, 2018 - Dubai, UAE:
In line with the Dubai Blockchain Strategy, announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, the Future Blockchain Summit, took place from May 2-3, 2018 at the Dubai World Trade Centre (DWTC). The event is considered the world's first experiential blockchain festival, and was hosted by Smart Dubai, the entity recognized as the global first-mover in blockchain adoption.
Designed to be the world's most influential and creative blockchain event, the summit brought together over 7,000 chiefs of industry and visionary technologists from around the world to accelerate blockchain application in Dubai and beyond. Focused on moving beyond technical feasibility and theories, this rich conference with over 70 sessions dived deep into real-world applications, creating opportunities and catalyzing adoption across a range of sectors-retail and ecommerce, creative economy, healthcare, transportation, education, food, hospitality and tourism, energy, fintech and banking as well as safety and security.
The Future Blockchain Summit represented an immense opportunity for HLC Technologies to participate in the discussion around the industrial revolution that is taking place. Many industry leaders are strong believers that blockchain technology is going to drive society forward and provide seamless solutions to various challenges present in today's biosphere.
HLC Technologies and HalalChain Co-Founder, Dr. Sulaiman Liu, delivered a keynote speech at the summit, whereby he presented HalalChain as a traceability solution that represents a real-world application of blockchain technology by addressing various current challenges in the Halal sector. Combining IoT and Blockchain technology, HalalChain solution is able to track food, pharmaceutical or cosmetic products from the time of inception to the time of consumption, collecting data across the entire supply chain to offer the end-users adequate transparency and therefore increase their trust and confidence in the product they consume.
The flagship event also saw HalalChain Co-Founder, Saad Mohib, invited on stage to be part of a panel discussion alongside Smart Dubai Senior Project Manager, Mohamed Al Sharid, Hyperledger Executive Director Brian Behlendorf and Sergio Fernandez de Cordova, Co-Founder and Vice-Chair of the Blockchain Commission for Sustainable Development.
The discussion revolved around the use-cases of blockchain technology, especially in the food sector, where the transparency of the processes will enable food suppliers and manufacturers to ensure quality and safe products for consumption. Saad Mohib said: "We are excited to be part of the community that is looking forward to a better tomorrow, and with Dubai's vision to be the leader in blockchain technology, we feel we are in the right place to make a significant and positive impact around us and around the globe".
What is Blockchain?
Blockchain technology is a decentralized, distributed digital ledger that records transactions and is considered revolutionary as it is transparent, secure, trustworthy and remarkably efficient. While it was initially built to power the now world-renowned cryptocurrency, Bitcoin, it has invaluable potential of application to other industries.
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 thought leadership, in line with its mission to make Dubai the happiest city on earth through technology innovation.
About Future Blockchain Summit
The Future Blockchain Summit is the world's most influential gathering of blockchain adoption and opportunities and a meeting ground for industry leaders, government and tech startups with over 6,000 visitors, 1,500 attendees and 80+ speakers. Officially hosted by Smart Dubai, the government entity responsible for seamless connected services in Dubai and organized by Dubai World Trade Centre. It covers blockchain adoption across all sectors including retail & ecommerce, healthcare, transportation, education, creative economy, hospitality & tourism, energy, Fintech & banking and more.
About Dubai World Trade Centre
With a vision to make Dubai the world's leading destination for all major exhibitions, conferences and events, DWTC has evolved from being the regional forerunner of the fast-growing MICE industry into a Free Zone, multi-dimensional business catalyst, focusing on Venues, Events and Real Estate Development and Management. Complementary to the primary service offerings are a range of value added services from media/advertising, engineering and technical consultation and wedding planning, security services and an award-winning hospitality portfolio.