Sunday 18 November 2018
 
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Dubai Customs holds workshop on blockchain

DUBAI, 14 days ago


Dubai Customs recently organized a workshop for the employees on the blockchain technology in customs field.

Renowned American blockchain expert Chris Benet, an influencer in blockchain and founder of Aenea company, a leading company in empowering growth with blockchain, took part in the four-day workshop which saw the participation of 68 male and female employees from different departments in Dubai Customs.

Hussam Mohammed, director of Business Innovation Department inaugurated the workshop. Benet introduced the main applications and functions of blockchain technology and best means to invest this technology in customs and supply chain work. Benet enriched his lecture with examples of real scenarios and case studies.  

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 centre. 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,” he added. - TradeArabia News Service




Tags: Dubai Customs |

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