The use of artificial intelligence technologies and blockchain will allow the UAE government to save about 3 billion US dollars per year.
According to experts, the UAE government will save $ 3 billion through the use of artificial intelligence (AI) technology and blockchain.
According to the Minister of Artificial Intelligence Technologies, who spoke at the Future Blockchain Summit with a report on the development strategy of blockchain technologies in the UAE by 2021, these technologies are two of the most powerful tools accelerating the pace of innovative development of the UAE.
"By connecting the potential of artificial intelligence technologies and blockchain, the UAE government will be able to save 11 billion dirhams in economic return each year," said Mr. Omar bin Sultan Al Olama.
The Minister added that artificial intelligence technologies are a strong ally of the blockchain, together these innovations will play a key role in the implementation of Strategy 2021.
"These technologies will help form a government based on the blockchain, reengineer business processes in organizations, increase the efficiency of federal regulations and ensure monitoring of processes and systems," said Mr. Al-Olama.
The Future Blockchain Summit, held at the Dubai International Trade Center, features over 100 exhibitors, half of which are local and international startups.
