Dubai SME signs MoU with Carrefour to boost local SME competitiveness

Dubai, U.A.E

The Smart Dubai Office (SDO) & 1776 are hosting Dubai’s first Blockchain Challenge
competition; where three winning blockchain start-ups implementing their product or service in Dubai.
SDO is inviting innovative blockchain start-ups from across the world to enter “The Blockchain Challenge”, a two-day start-up pitch competition which will be held in Dubai, U.A.E in the month of May.

According to press release, the three winners will receive US$20,000, US$15,000, and US$10,000 respectively. Additionally the Winners will receive a free membership in Union, 1776’s global online platform for entrepreneurs.

“Dubai is in the midst of an ambitious, citywide transformation powered by smart technology,” said HE Dr. Aisha Bin Bishr, director general, Smart Dubai Office. “Our partnership with 1776 on the Blockchain Challenge allows us to identify strong start-up partners and innovative thinkers who can bring to market cutting-edge solutions that will deliver the future city our stakeholders want and expect.”

Dubai launched a city-wide Blockchain Strategy in October 2016 with the aim of becoming the first blockchain-powered city by 2020. Smart Dubai Office (SDO) and 1776 are looking for game-changing applications of blockchain technology in any industry. Blockchain has the potential to improve people’s lives, and Dubai is posed to be a leader in moving such applications forward.

The Dubai Blockchain strategy is based on three pillars.
1. Government Efficiency: Implementing blockchain technology in government services
2. Industry Creation: Supporting the creation of a blockchain industry through empowering startups and businesses
3. Thought Leadership: Leading the global thinking on blockchain technology
The Smart Dubai Office Blockchain Challenge supports the second pillar, Industry Creation, and aims to discover the most innovative blockchain startup ideas from around the world.

The Smart Dubai Office oversees and facilitates Dubai’s city-wide smart transformation with the aim of delivering efficient, seamless, safe and impactful city experiences for residents and visitors. The office realizes that at the heart of providing these experiences, is the city’s willingness to test and adopt new technologies. In this context, Dubai aims to be a pioneer in the adoption of emerging technologies such as blockchain, which it recognizes has a major potential to transform city services.
For details about the competition visit https://www.1776.vc/SDO-Blockchain-Challenge/

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