Consulting firm hosting series of blockchain technology seminars
Blockchain technology is a digital protocol through which transactions and money transfers can be conducted on an expansive network of computers all over the globe.
Such technology was the impetus for the formation of the Global Blockchain Council by the Dubai Museum of the Future Foundation.
To assist Gulf Cooperation Council (GCC) businesses and individuals that might benefit from blockchain technology, Blockchange Consulting Dubai Multi Commodities Centre (DMCC), a consultancy and tech development company focused on blockchain technology that provides consulting services to banks, financial services businesses, governments and regulators, will host the series of one-day seminars .
Seminars are planned for May 10 in Dubai; May 11 in Abu Dhabi; May 17 in Doha; and May 19 in Bahrain on May 19.
"It is vital that banking and financial services businesses in the region understand the importance of this announcement and the potential of this technology," Blockchange DMCC Director of Business Development Stef van Leijden said. "Banking and financial services businesses will be forced to embrace this technology in the future, whether they like it or not, so it makes sense to understand and embrace the technology at the earliest possible opportunity."
Topics covered in the seminars will include digital currencies, how blockchain technology will change the landscape of the banking sector and how banks and financial institutions across the globe are already using the technology.