UAE government stands to save 11 billion AED in economic return and 389 million in government documents alone per year: Minister of Artificial Intelligence

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Future Blockchain Summit today welcomed the world’s largest gathering of global blockchain visionaries. His Excellency Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence delivered a keynote address on the UAE Blockchain Strategy 2021.

‘’Today, Artificial Intelligence (AI) and blockchain are two of the most powerful technologies that are revolutionizing the pace of innovation in the UAE. We believe that AI will be a strong ally for blockchain and will play a pivotal role in the UAE Blockchain Strategy 2021. It will help in the formation of the blockchain government, identify business process reengineering within organizations, enhance federal regulations and enable efficient monitoring of processes and systems. With the combined power of AI and blockchain, the UAE government stands to save 11 billion AED in economic return and 389 million in government documents alone per year,” said His Excellency Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence.

Taking place from May 2-3, 2018 at Dubai World Trade Centre, Future Blockchain Summit is set to welcome over 5,000 captains of industry and visionary technologists, as well as over 100 exhibitors, half of which are path-breaking local and international startups.

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