Dubai has embraced blockchain technology, and has even put forward plans to incorporate the technology into governmental operations. By 2020, all visa applications, bill payments and licence renewals will be transacted digitally through an electronic ledger. World Blockchain Summit Dubai aims to bring together blockchain entrepreneurs, thought leaders and solution providers’ under one roof to strategize and develop the technology that will effect a shift in the global technology ecosphere, as well as provide opportunities to businesses improving the efficiency and wide-scale application of the ledger based technology.
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