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Bank of Sohar backs programme for blockchain training

Bank Sohar has announced its support for the upcoming Blockchain Training Programme – Intermediate level workshop, organised by the Oman Blockchain Club, the Times of Oman reported.

The move is aimed at keeping pace with the progress and adoption of cutting-edge technologies in leading global markets, said the report.

IBM's Jerry Cuomo is encouraging the US government to develop the necessary policies that encourage blockchain use

The workshop, which will be hosted by Dhofar University from August 5 to 9, seeks to improve the nation’s network of expertise in enterprise intelligence and promote greater understanding of the economic advantages expected through the implementation of such revolutionary technologies.

Over 100 students and representatives from the public and private sectors, as well as entrepreneurs, are expected to participate in the training programme.

“Industrial revolutions throughout history have delivered prospects to the masses,” said Ahmed Al Musalmi, CEO of Bank Sohar, about the workshop. “Thus, as we embark upon the fourth Industrial Revolution, it is essential that we invest in understanding the potential impact of technology on local and international economies.

Musalmi also noted that the Oman’s banking industry is central to the sustainability and growth of the national economy, therefore, it is essential to keep pace with cutting-edge developments in the finance industry.

“The programme provides a key opportunity for Bank Sohar to further expand its network and relationships with local leaders in technology, as industries in Oman continue to explore the implementation and advantages of blockchain technology.”

The Blockchain Training Programme workshop will feature an array of prominent speakers who share Bank Sohar’s vision for the future of blockchain-centered businesses in various local industries.

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