Abu Dhabi is all set to host a three-day conference from April 2-4 to promote the presence of blockchain in the country’s aviation sector, as confirmed by the Emirates News Agency in a press release dated 31 March.
The inaugural ceremony of the ICAO Blockchain Summit, which will kick-off in the capital of the nation, with over 800 delegates from over 90 countries will be on Tuesday, April 2.
The press release states that the summit is expected to be graced by the presence of Abu Dhabi’s crown prince and minister of economy. The summit is co-organised by the UAE General Civil Aviation Authority, GCAA, and the International Civil Aviation Organisation, ICAO.
The primary purpose of the summit is to serve as a platform that encourages a global collaboration to unleash the potential of blockchain to make civil aviation system more secure, safe and efficient. The event dubbed ‘Blockchain: Unlock the Potential,’ will provide a learning experience for the aviation sector where they will get the opportunity to delve into the nuances of the blockchain tech.
The primary aim of the GCAA and ICAO through the event is to hasten the adoption of blockchain within the entire aviation ecosystem which includes aircraft and other assets.
UAE on Blockchain and Aviation
Saif Mohammed Al Suwaidi, GCAA Director-General, in the press release said, “Selecting the UAE is a testament to our leadership’s continuing efforts towards investing in new technologies across different domains including the aviation sector and in maintaining strong partnerships between the government and the private sector, and the continuous endeavors in exploring methods to improve aviation business practices in a dynamic and thriving environment.”
The United Arab Emirates was selected to host the summit as their authorities have been putting continuous efforts towards the implementation of blockchain in the various areas of the local economy.