Smart Dubai and 1776 Blockchain Challenge Open
For all startups using blockchain technology to transform an industry, the Smart Dubai Office (SDO) and 1776 will organize the Blockchain Challenge in May for the purpose of meeting world-leading investors, networking with VIPS, connecting with customers, and winning prizes and potential contracts to be part of Dubai’s recently launched Block chain Strategy. Dubai aims to become the first block chainpowered city by 2020 based on 3 pillars: Government Efficiency: implementing blockchain technology in government services; Industry Creation: supporting the creation of a blockchain industry through empowering startups and businesses; and Thought Leadership: leading the global thinking on blockchain technology. Startup applicants must be implementing blockchain technology in their solutions or products to be accepted in the competition in addition to being for-profit businesses, having scalable products or services that should be possible to implement in Dubai – to enhance the quality of life. Finalists will receive pitch training at 1776 by mentors and experts, have a one-month 1776 membership, and will pitch and showcase to an audience of investors, VCS, dignitaries, and public/private sector representatives. Winners will receive prize money (first place $20,000, second place: $15,000, and third place: $10,000) have a 3 month 1776 membership, will have a meeting scheduled with potential clients with the support of SDO, and will receive promotion on 1776’s channels.