A recent study highlighted digitisation’s growing importance across many industries making it the number-one trend driving CEO decision-making in the global oil and gas sector.
IBM to enable companies track carbon footprint via blockchain
Veridium Labs, a company incubated by EnVision Corporation, is collaborating with IBM to help transform the carbon credit market using IBM blockchain technology with the goal of making it easier for companies to offset their environmental footprints.
UAE’s Internet of Things market to surpass $35 billion: report
“The UAE is entering 2018 as the tipping point year for the Internet of Things, artificial intelligence, machine learning, and blockchain to go from theory to reality.”
Only 1% of global CIOs have deployed blockchain technology: study
Only one percent of CIOs indicated any kind of blockchain adoption within their organisations, according to Gartner’s 2018 CIO Survey. The study also found that only eight percent of CIOs were in short-term planning or active experimentation with blockchain.
AI-powered freelance job platform sets up shop in Dubai
The US-based platform for freelancers and entrepreneurs is also the first blockchain project to be accepted by Oracle Startup System making it the official partner of Oracle Corporation.
Tech to bridge $1.5 trillion trade finance gap: DMCC
Ripe for industrialisation in the trade sector, technology advancements could bridge the current $1.5 trillion trade finance gap, with potential to inject new growth in trade, according to a report on ‘The Future of Trade’ from DMCC.
HSBC conducts “world’s first” trade finance deal
HSBC has reportedly performed the world’s first trade finance transaction using blockchain technology.
DAFZA initiatives to position Dubai 10 years ahead of other leading cities
Dubai Airport Free Zone Authority (DAFZA), in cooperation with Dubai Future Foundation (DFF), has launched two initiatives aiming to place Dubai 10 years ahead of other leading cities, according to state news agency WAM.
Are you ready for Facebook coins?
Following the formation of its own blockchain division, recent reports have suggested that Facebook is looking into creating its own cryptocurrency.
Blockchain-based e-commerce initiative launches in Qatar
Fintech company QPAY has launched a major blockchain e-commerce initiative based on the ‘Ethereum’ blockchain platform in Qatar.