Dubai creates Future Council for Blockchain initiative

New council to discuss proposed legislation to expand the implementation of Blockchain technology in various sectors in Dubai

The Dubai Future Foundation (DFF) has formed the Dubai Future Council for Blockchain, to be headed by Dr Aisha Bint Butti Bin Bishr, director general of Smart Dubai.

The council is part of the Dubai Future Councils initiative, launched at the beginning of 2019 by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, chairman of the Dubai Executive Council, and chairman of DFF’s Board of Trustees.

The council is made up of 14 members from various government and international entities and discussed the proposed legislation to expand the implementation of Blockchain technology in various sectors, government services, and private entities at its first meeting.

“The Dubai Future Council for Blockchain offers a prominent platform to explore challenges and find innovative and proactive solutions to make sure Dubai is prepared for the future of vital sectors in the Blockchain era, and for the opportunities this technology provides, which we hope to harness in the near future and make Dubai the smartest city in the world and a regional and global Blockchain hub,” said Bin Bishr.

“We will be working to advance Dubai’s digital transition through a series of solutions and tools, most notable of which is Blockchain technology," she added.

The Dubai Future Council for Blockchain is set to hold four meetings per year to outline plans and form task forces to carry out the duties as well as to follow up on existing Blockchain initiatives and plans.