Dubai Customs has held a workshop to brief its employees on the potential of blockchain.
The four-day workshop was organized by the Business Innovation Department in Dubai Customs, and included a briefing from blockchain expert Kris Bennett, founder of blockchain consulting and education company Aenea.
The workshop is part of Dubai Customs efforts to capitalize on the blockchain technology and support the Dubai Blockchain Strategy
Hussam Mohammed, Director of Business Innovation Department inaugurated the workshop. Kris Bennett introduced the main applications and functions of blockchain technology and best means to invest this technology in customs and supply chain work.
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.
"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."