Let us start from the very beginning. Artificial Intelligence has evolved over a period of time. In the 1950's AI started off as a program that could sense, reason, act and adapt. Artificial intelligence promises to revolutionize the automotive industry. Here we are not even talking about the impact AI is having on autonomous driving, connectivity, electrification, and shared m... Artificial Intelligence is about to hit the real estate industry, hard.
An ex-Apple employee who described Steve Jobs as "very difficult to work with" advised everyone to invest in even the stupidest idea. A 19-year-old who, when he was 15, discovered a cancer-detection method that would cost a patient only three cents. And an artificial intelligence system that almost instantly answers anything you throw at it. Innovation Live had it all in one busy and informative day - proving that there is no end to potential when it comes to innovating. Key figures in innovation converged in Dubai for the anchor event of UAE Innovation Week 2016, which also featured interactive sessions with industry figures and live demonstrations showing what we can expect from technology soon.
The Smart Dubai initiative, a campaign of the Dubai city government, has teamed up with global tech powerhouse IBM on a new blockchain. The platform is to facilitate local commerce, development of domestic blockchain projects, and bureaucratic digitization efforts. Also see: Hear, Hear! Cryptoverse Celebrates Bitcoin Whitepaper's First Decade Striving to actualize a paper-free local government by 2021, Smart Dubai and American multinational IBM have announced their collaboration on the Dubai Blockchain Platform, a distributed ledger that will leverage the IBM Cloud. The blockchain-as-a-service system will reportedly be deployed for the purposes of modernizing and digitizing both private commerce and public bureaucracy in Dubai, the capital of the United Arab Emirates. "Blockchain is steadily moving towards becoming a multibillion market by 2019 and we, at Smart Dubai, have successfully embedded the technology in numerous services, the latest of which was the advanced'Dubai Pay Blockchain Settlement and Reconciliation System,'" noted Wesam Lootah, chief executive officer at Smart Dubai.
A model of the EHang 184 autonomous aerial vehicle displayed at the World Government Summit 2017 in Dubai's Madinat Jumeirah on February 13, 2017. When EHang chose to test its driverless flying cars in Dubai, some may have wondered why the Chinese tech company had chosen the emirate's skies for its inroads into the future. But for those in the know, the UAE is well on its way to establishing itself as the innovation hub of the east – and even its skies are helping. Long been the stuff of sci-fi fantasy, flying cars will become a part of Dubai's public transportation this year. With decades of growth, Dubai is in a position to capitalize on the infrastructure.
When we think of Dubai, we think of Arab billionaire lifestyles, 6-star hotels, and awe-inspiring skyscrapers. But did you know that plans are in place to turn Dubai into the first blockchain-powered city by 2020? The Director-General of Smart Dubai, Dr. Aisha Bint Butti Bin Bishr, believes that city is in prime position to establish itself as a blockchain and crypto epicenter that could become a fully-integrated blockchain smart city in the next couple of years. Smart Dubai are the organizers of the Global Blockchain Challenge, which is a blockchain-related competition geared to finding the most innovative blockchain startups from across the world and to entice them to operate in Dubai. Dr. Aisha Bint Butti Bin Bishr had some very positive words to say in relation to Dubai's potential for crypto-related businesses: Dubai has established itself, and in record time, as a global destination for innovators and entrepreneurs in the Blockchain industry.