Dubai Appeals to Startup Ecosystem for Blockchain Immigration Solution
Dubai's immigration agency is seeking a blockchain startup to develop a system that will cut illegal residency in the country. As part of the second round of The Dubai Future Accelerator, the largest government-supported accelerator, the General Directorate of Residency and Foreign Affairs has put out a call for blockchain companies to apply to take the effort forward. The agency is hoping to reduce illegal resident entry by 50% using an “international blockchain”, according to a 22nd December press release. Other government agencies in Dubai are also looking for technology startups as....
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For Loyyal, participating in the Dubai Future Accelerators program is invaluable. The blockchain startup will work with Dubai Holding, who focus their attention on hospitality and real estate The name Loyyal may not ring a bell for most blockchain enthusiasts right now. Even though the company is focusing on global loyalty reward schemes, they have been flying under the radar. That was until earlier this week when the company announced they would participate in the Dubai Future Accelerators program. A big step for this blockchain startup, that much is certain. What is so interesting about....
The Ethereum development startup ConsenSys has released a new white paper for its projects in Dubai at the city’s World Government Summit. The paper, titled “Blockchain, Hyperconnectivity and the City of the Future,” details new plans for innovation focusing on smart cities and the Internet of Things. "We are thrilled to see Dubai emerge as a home for fast forward, broad focus Blockchain innovation and are looking forward to ongoing opportunities to work with Dubai government and corporates toward accomplishing many ambitious goals,” ConsenSys founder Joseph Lubin told the....
Loyyal, a New York-based blockchain-based loyalty and rewards platform, has snagged a contract with Dubai Holding, a multinational investment conglomerate. The partnership is a part of the Dubai Future Accelerators program, the government-supported accelerator program that has notably pinned blockchain technology front and center. According to the announcement, the tie-up will see a blockchain pilot deployed toward loyalty programs in both business-to-customer (B2C) and corporate (B2B) propositions of Dubai Holding. Loyyal’s proprietary blockchain and smart contract solutions will be used....
A technology initiative backed by the Dubai government has launched a $275m startup investment fund (1bn AED) organizers say will likely back blockchain projects. Announced last week, the Dubai Future Foundation officially opened the Dubai Future Accelerators initiative, a 12-week startup program based in the United Arab Emirates that will seek to encourage innovation in "strategically important" sectors. A partnership with global investment firm Dubai Holding, the effort is centered around promoting the development of business ideas around six "challenges" in areas....
The government of the United Arab Emirates is sponsoring a virtual hackathon dedicated to blockchain, with $140,000 in prizes up for grabs. Organized by AngelHack and featuring technical support from ethereum startup ConsenSys, the Blockchain Virtual GovHack is aimed at spotlighting innovations that could reshape how local and national governance can be enhanced. The hackathon dovetails with the World Government Summit, an annual gathering in Dubai set to take place in February. Those backing the hackathon are seeking applications in areas like digitized government, e-identity and....