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​​🔺The United Arab Emirates’ Ministry of Community Development (MOCD) will host a competition for developing blockchain software in the social sector.

▪️Driving blockchain for awareness and social care
The MOCD announced its “Social Blockathon” competition with a total prize fund of $16,300 to encourage the development of blockchain-based applications for educational, social and recreational purposes, the country’s official news agency, Emirates News Agency, reported on Oct. 6.

▪️UAE embracing blockchain
The MOCD is seeking to improve the social development in the country by striving to meet objectives of the national development agenda, Emirates Vision 2021, which sets the key topics for the social and economic development of the UAE and calls for a shift to a diversified and knowledge-based economy. In November 2018, the ministry rolled out a proof-of-concept based on the ProximaX Sirius blockchain in a move to start implementing blockchain initiatives.


07:07 07.10.19
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