UNLOCK Blockchain two-day forum ended with the participation of 350 attendees, more than 58 speakers and announcements from du, UNLOCK, and other governmental representatives

Dubai UAE Jan 22nd2019:The UNLOCK Company DMCC, a platform that provides information, intelligence, insights and news pertaining to the Blockchain sector held its UNLOCK Blockchain forum in Dubai on Jan 15-16, 2019 at the Ritz Carlton Hotel DIFC.

The UNLOCK Blockchain Forum was a great success with 350 participants from around the region. Osman Sultan, Chief Executive Officer of Emirates Integrated Telecommunication Company (EITC), the parent company of du, presented his keynote at UNLOCK which talked about the Blockchain Platform as a Service (BPaaS) that du is now offering and how it plays an essential role in the formulation of the Smart City Visionalongside technologies such as AI, Internet of Things as well as human influence.

Mr. Walid Abou Zaki, Founder and Chief Executive Officer of UNLOCK also announced the formation of a blockchain fund “We are pleased not only to be holding our second series of UNLOCK on the 10th year anniversary of Bitcoin & Blockchain but we also hope to continue to build the ecosystem and as such we are working with many partners to launch a $50 million fund in 2020 to further develop the blockchain ecosystem in the region. Regional private and family offices are keen to invest in the technology and digital assets but under proper terms and well-structured strategy.”

In addition to the very interesting panels and keynotes that covered the two-day event, more and more governments across the region are starting to carry out hugeblockchain implementations. In the government panel on day one, Dr. Khalid Tahhan, CEO of Blockchain Solutions and services talked about Oman government strategy to implement blockchain use cases across 21 Ministries. Mr. Ali HashmiDirector of Technology& AI Lead at Deloitte talked about the importance of Blockchain adoption and alluded to a huge governmental blockchain project that Deloitte is participating in within the MENA region. In addition,Dr. Hesham Bin Abbas, Blockchain Technology Advisor, Ministry of ICT and Communications also discussed the KSA strategy for introducing blockchain across governmental and private entities, and the importance of building the talent base, the use cases, as well as better understanding of technology and investment environment.

According to Toufi Saliba CEO of TodaNetwork,“todayBlockchain has only 0.2% penetration across the world and until all five attributes which include implementation, security, efficiency, confidentiality, scalability and interoperability are made available,blockchain implementations will not become widespread so we must work on this in the upcoming year.”

In addition to the panels that raised awareness on blockchain as a technology and its implications, du, from Emirates Integrated Telecommunications Company (EITC), and Dhonor healthTech,a leading national company focused on global healthcare blockchain solutions, announced they were entering into a collaboration to build the UAE’s first Patient Safety Blockchain Solution.

The use case in question will empower and enrich lives through the country’s first patient-centric safety verification blockchain solution. This solution is designed on du’sBPaaS in order to provide authenticity and compliance traceability that delivers the transparency and trust that has eluded the healthcare industry to date.

Finally, Lara Abdulmalak, project lead for UNLOCK Blockchain stated, “We are very proud to have held our second edition of UNLOCK despite the bearish conditions in the market today. We thank once again our esteemed speakers, our sponsors du, DarkMatter,Avanza Innovations, Deloitte, Centurion& Co.and our 20 plus startups for being with us this year. We hope to continue to grow the community and improve on UNLOCK year after year.”

To view the videos of the panels and check out picturesplease visit www.unlock-bc.com/events/unlock/2019

About UNLOCK

UNLOCK Blockchain is a service offered by The UNLOCK Company DMCC. It is a platform that provides information, intelligence, insights and news pertaining to the Blockchain sector. We are one of the cornerstones in the evolution of the Blockchain ecosystem in the MENA region and globally. We encourage Blockchain’s disruptive innovation through our support of startups, investors, developers, and clients. Our main offerings include:

• A media platform for the dissemination of information, news, insights, reports on the state of Blockchain in the MENA region and globally

• UNLOCK Blockchain Forum, which is an anchor event in Dubai for Blockchain enthusiasts to network, exchange knowledge, and showcase developments

•Strategic Marketing, Public Relations and Communications services for Blockchain companies interested or currently present in the region

• Community Building to help connect developers, users, investors and advisors through various social media networks

• Advisory Services which include the organization of roadshows to introduce ICOs to potential investors and clients in an effort to facilitate adoption

•        Blockchain Proliferation by encouraging businesses, governments and individuals to adopt Blockchain technology in an effective, efficient, and optimal manner

Media Contact

Lara Abdul Malak, lara@unlock-bc.com or call at +971502561364 or +9613748689