Dubai is a frontrunner in adopting the latest technology and has set a goal to become the world’s first government to execute all implementable transactions on the blockchain by 2020. The government initiatives in this direction present tremendous business opportunities for the private sector in the UAE.
There is a current global shortage of object oriented programmers and developers. We need to ensure sufficient availability of trained manpower and as these opportunities are accruing across all sectors, we will see a lot of blockchain implementation in [the] near future across government as well as private sectors.
The distributed ledger technology could cut bank transactions by $15 to $20 billion a year by 2022. With the possibility of removing costs of manual processing, processing errors and re-work it could deliver savings as much as 75 percent.
Excellent
Great news, it will help pave the path for cryptoocurreny also to get accepted worldwide
THIS DIRECTLY INCREASE PRICE OF BTC
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I want to setle there in future
it is the need of todays crypto world.
YA
The rise of the petrocoin is sure to spell DISASTER to the petrodollar. It's no wonder the outdated old farts running the west are cracking down on cryptos. I say step aside you close minded dictators!! Maybe it's time they actually begin to work for the people they represent instead of those who fill their pockets with soon to be worthless paper.
Nice to hear it
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