Smart Dubai — World’s First Blockchain-powered Government Initiative

Dubai is aiming for a Blockchain Government by 2020

The transformation of this small fishing village in the middle of the Arabian desert about 30 years ago to a major business hub and go to a tourist destination for millions of people has been nothing less than phenomenal. The oil money was intelligently invested in creating a world-class architecture & transportation infrastructure for a futuristic city with near-zero business taxes. While its oil-rich neighbors dabbled in frivolity, Dubai transformed itself into an oasis in the middle of the Arabian desert!

Today, Dubai is a cultural, tourist & business hub not just for the Middle East but a go-to destination globally, for all those reasons. Dubai is also getting ready to host the much talked about Expo 2020, but I am here to talk about something even more ambitious which this Arab emirate is planning to accomplish — To become the World’s First Blockchain government by 2020.

Smart Dubai initiative is a public-private partnership to create a smart city with a seamless experience for its citizens & an efficient city government powered by blockchain technology. By doing so, the initiative also identified following as some of the other benefits of forming a blockchain-powered city government.