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Blockchain Policy launched by Dubai Future Council

Nov, 13, 2023 Hi-network.com

The Dubai Future Council launched the Dubai Blockchain Policy at the 9th Smart City Expo World Congress which took place in Barcelona. The policy was drafted and launched following a process that included gathering and identifying challenges from multiple sources, including government entities, and private companies.

There are three core areas covered in this new policy, including foundational capabilities, namely -technology platforms and services, architecture and standards, shared network services, and legal support.

The focus of the policy with regards to network governance includes several elements: network ownership and membership; intellectual property; funding and monetisation; and network expansion; as well as a component on network operations which covers data formats and interoperability, data privacy and confidentiality, node and network security, audit and compliance, and communication and adoption.

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