International Finance
Economy

Blockchain experts to convene in Saudi Arabia’s first Blockchain Conference

blockchain, KSA, Saudi Arabia, economy, diversification, Vision 2030, technology
Saudi Arabia’s Vision 2030 is accelerating the need for a digitized economy following which the country is now conducting its first ever Blockchain conference in April

As Saudi Arabia continues its journey towards its Vision 2030 with the National Transformation Program (NTP) 2020, one of the key measures outlined in Vision 2030, is a shift towards a digitized economy. While the focus is globally shifting to new and emerging Blockchain technologies which are integral to supporting and realizing digital economies around the world, the Middle East isn’t far behind.

One of the most important developments of the century, Blockchain technology, has the potential to help the world’s largest oil producing region realize their vision of becoming a digitized nation.

In light of these developments, Bizwingz Production House is hosting Saudi Arabia’s very first blockchain conference, Decoding Blockchain KSA 2018. The conference offers unique networking opportunities for attendees to connect with industry leaders and innovators who are looking to explore the distributed ledger technology, while providing an ideal platform to understand the promising technology of Blockchain in the modern Middle East world.

Touted to be the next generation internet tech, blockchain has the potential to bring about a transformation in global financial systems.

Industry experts believe that the implementation of distributed ledgers and smart contracts could leapfrog the industry into the digital age. With a scaled blockchain, transactions will happen instantaneously, allowing anyone and everyone to track the transactions – reducing costs, stabilizing prices, and providing a level of transparency which was previously impossible.

Commenting on the future of Blockchain in Saudi, Mr. Mohammed AlSehli, conference chairman of Decoding Blockchain and founder of ArabianChain Technology, the first public blockchain in the Arabic world, said that, “I believe Saudi Arabia is on the right track to adopting blockchain technology and soon enough it will be leading the region in implementing and reaping its benefits. Blockchain naturally integrates with the 2030 vision as it allows for transparency, efficiency, income diversification and creation of new opportunities, take for example the millions of pilgrims who travel for “Haj and umrah” from all around the world every year or Project Neom as one of the most ambitious projects in the decade. The things we can offer are limitless starting from the tokenization of identities, medical records, visas, tickets, all the way to the tokenization of the Saudi Riyal to allow for faster, safer and cost efficient transactions. We are still at the very beginning of this journey but it’s the best time for innovators to take a leap and start shaping the view of tomorrow”.

With the launch of this conference, Decoding Blockchain KSA 2018 offers VCs, bankers, startups, government officials, payment companies and more the opportunity to not only actively exchange information but to also establish powerful strategic alliances. The conference will present a range of speaker sessions through which participants are given the opportunity to meet with innovators who offer business solutions that will help companies reduce costs and improve efficiency and integrity.

Come watch the best minds in the blockchain industry from across the pan-Saudi region, as well as the rest of the world, convene on a single platform on the 23rd and 24th of April, 2018.

International Finance is a media partner of Saudi Arabia’s first blockchain conference Blockchain KSA

Registrations are open – Ensure your participation for the ultimate knowledge-sharing conference at the earliest by logging on to http://www.decodingblockchain.com/

Feel free to reach out to the below mentioned contact for further discussion concerning your attendance at the conference.

Andrea Anthony, Marketing Head, BizWingz Production House
Email – andrea@bizwingzph.com
GSM: + 91-9739065066
Website: http://www.bizwingzph.com

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