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UAE BounceBack project which utilizes blockchain wins MBRU competition

#artificialintelligence

The winners of the #MBRUHacksCOVID19 hackathon, a pioneering competition which tasked UAE residents with developing innovative solutions that can help in the fight against the global pandemic, have been crowned. The winning team, a group of four, took the top prize for their solution, Bounceback, a platform that utilises machine learning algorithms and tokenisation to identify, verify and provide immediate subsidy relief to vulnerable communities and individuals who have suffered financially from the global health crisis. The winning Bounceback team composed of Faisal Al Hawi, Yves Farhat, Santhosh Kumar and Veronica Murguia, beat off competition from more than 470 hackers to claim the AED50,000 first prize as well as a AED25,000 National Impact Grant awarded by Sandooq Al Watan, a social initiative created to empower the brightest minds in the UAE. During the three-day hackathon, which attracted innovators from the fields of engineering, coding, design thinking, data analytics, medicine, public health and more, Bounceback focused on the challenge of delivering a solution to prevent social and economic disruption in vulnerable communities. Bounceback utilises a suite of emerging technologies, including big data analytics, blockchain and Artificial Intelligence, for efficient transparent and effective match-making between a beneficiary in need and a subsidy donor or contributor to ensure that relief funds and packages reach the most vulnerable, whether individuals or businesses.


Dubai Silicon Oasis and Intel launch Blockchain, AI Innovation Center

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Hosted at Dubai Technology Entrepreneur Campus (Dtec), DSOA's wholly owned tech incubation centre, Intel Innovation Centre is set to become a hub for future technological development in the region that will feature Artificial Intelligence, AI, Blockchain, Video analytics and Autonomous Driving. D. Juma Al Matrooshi, Deputy CEO of DSOA, officially inaugurated the Innovation Centre along with Taha Khalifa, Client Computing Sales Director and EMEA Territory GCC Country lead at Intel Corporation, in the presence of Muammar Al Katheeri, Executive Vice President of Engineering and Smart City at DSOA, Steven Long, Vice President Sales and Marketing Group & GM of CCG Sales at Intel, and senior officials from the two entities as well as Intel's business partners. Al Katheeri said, "Four years ago, we launched with Intel the region's first Internet of Things (IoT) ignition lab that has already added significant value to tech start-ups and entrepreneurs in the UAE. Today we celebrate our partnership with Intel as we step forward together into a new milestone through the inauguration of the Intel Innovation Center that has found an ideal home at DSO. With its dynamic mix of business partners and boasting an environment that fosters the entrepreneurial spirit, DSO continues to push the boundaries of technological innovation."


AI, Virtual Reality and Blockchain Meet Up in Dubai's Futurama Summit - IntelligentHQ

#artificialintelligence

Technology is the key point for the future of all mankind. Every development brings new opportunities, opens new paths and solves already existent problems. But if we are to mention the three more disruptive ones, which are likely to change the way the world works in the years to come, we definitely need to pick the likes of Artificial Intelligence, Virtual Reality and Blockchain -and crypto-currencies for instance-. At least, that is how they think at The Futurama Blockchain Innovators Summit, an event that will take place in Dubai from May, 3 – 6, and where these three technologies will be discussed and shared by the most representative experts on these categories. The summit will highlight "the fruits of the three most revolutionary technologies of the 21st century at once: blockchain, artificial intelligence, and virtual reality.


Dubai Goes Smarter As It Embraces Blockchain And AI

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Dubai is rapidly transforming into a smart city as it embraces artificial intelligence (AI), adapts new technologies and begins implementing blockchain strategies. Last week, U.A.E.'s Vice President and Prime Minister Shaikh Mohammad Bin Rashid Al Maktoum launched the Emirates Blockchain Strategy 2021 that aims to get 50% of government transactions to adopt the blockchain platform over the next three years- a step that will help the government to save around $3 billion, and 398 million printed documents with 77 million work hours annually. "Adaptation to advanced technologies and utilizing them in serving society and enhancing the efficiency of government performance is a firmly established approach adopted by the U.A.E.," said Shaikh Mohammad. The Gulf city is also seeking to be safer along with being smarter as it aims to use artificial intelligence to police the emirate. The Brazil-headquartered security organization Polsec presented futuristic artificial intelligence camera and sensor technology that sees, smells and listens for potential problems, to delegates at the Future Cities Show at Dubai World Trade Center.


Meeting needs of a digital city - Khaleej Times

#artificialintelligence

The UAE's smart monitoring, alert and control systems are being showcased at the Gartner Symposium ITxpo in Dubai. "This symposium is an extremely insightful key event in the UAE and the region. Tayara takes care of all commercial ICT engagements. "We are building solutions or POCs (Proof of Concept) for our partners. We are showcasing the Smart Dubai platform, the Dubai Pulse, which is an end-to-end integrated platform that supports infrastructure services, computing, data hosting and storage for the government all the way up to blockchain and artificial intelligence (AI).


FinTech - Machine Learning and Recommenders

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I was invited as Keynote speaker in GCC Blockchain event in Dubai on 22 and 23 November 2017. I advocated for my area on AI and its subfield for FinTech. Also gave me lot of insight on how Blockchain can equally disrupt FinTech of rather doing it along with AI. In line with a Dubai goal towards making it the first Blockchain-powered government in the world by 2020, various service areas in Public and private organizations can benefit from Blockchain technologies. Blockchain and distributed ledger technology have potential to make ledgers more transparent, trustworthy and efficient which can revolutionize various business sectors.


Middle East tech: These are the key trends for 2018 and beyond, say experts

ZDNet

Tech's leaps, limps and likes: The 7 trends that defined 2017 ZDNet's top editors from across the globe postulate on a year that the technology industry lost some luster, but kept rolling out new disruptions anyway. Once more, the Middle East's IT, tech, and telecoms sectors underwent considerable change over the past year. New investments, strategies, and products caught the eye; as the region continued to expand in established fields such as mobile, cloud and IoT, while interest in emerging technologies such as drones, AI, and blockchain began to gather momentum. So, how will the Middle East build on these foundations in 2018? And what other tech-led trends should we be keeping an eye on?


FinTech – Machine Learning and Recommenders

#artificialintelligence

I was invited as Keynote speaker in GCC Blockchain event in Dubai on 22 and 23 November 2017. I advocated for my area on AI and its subfield for FinTech. Also gave me lot of insight on how Blockchain can equally disrupt FinTech of rather doing it along with AI.


Blockchain, robotics, AI, wireless tech to reshape digital business in 2018

#artificialintelligence

DUBAI – Blockchain, together with artificial intelligence, machine learning, robotics, and virtual and augmented reality, have the potential to deliver disruptive outcomes and reshape digital business in 2018. And companies that have not started the digital investment cycle are at high risk of being disrupted. This is according to the list of top IT predictions for 2018 published Saturday by Dimension Data. But the top trend for the coming year is the adoption of Blockchain - the technology behind Bitcoin - and its immense potential to disrupt and transform the world of money, business, and society using a variety of applications. Ettienne Reinecke, Dimension Data's Group Chief Technology Officer, said Blockchain has gone from strength to strength.


The World's first Minister for Artificial Intelligence Was Just Appointed - In the UAE

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The UAE has just appointed Omar Bin Sultan Al Olama as the country's first Minister of State for Artificial Intelligence, Arabian Business reported.The new minister, who is just 27 years old, was appointed a part of the UAE's mission to be at the forefront of the global technological revolution that, among other things, plans to build homes in Mars by 2117.