https://medium.com/@HenGlobal/the-future-hub-of-blockchain-dubai-3d311b903183The Future Hub of Blockchain Dubai?
Dubai
From its origins as a small fishing creek populated by nomadic Bedouin tribes for much of its history, Dubai gradually emerged into a regional trading and export hub in the early 20th Century. However, it wasnt until the discovery of oil in the 1960s that the impetus for the Dubai we know today germinated.
Today, the Dubai economy is quite diverse and primarily tourism-based. Known for its combination of visionary leadership, highly advanced infrastructure, a large number of expats (over 80% of Dubais population is foreign-born), and a superbly connected flight hub anchored by one of the worlds greatest airlines, Dubai is naturally poised to embrace the latest technological innovations.
For anyone who has been paying attention to this fascinating metropolis, it came as no surprise to learn of news that the Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum announced an ambitious agenda to have all government documentation (i.e. visa applications) transacted digitally on the blockchain by 2020. This news was followed by the Dubai Land Department becoming the first government agency in the world to publicly adopt blockchain technology, promising to have 100% of land registry records migrated to the blockchain.