GEC NEWS WIREdu, from Emirates Integrated Telecommunications Company, is showcasing a trio of next generation blockchain solutions that are developed and delivered by du’s BPaas platform, at Gitex Technology Week 2019 in an effort to serve the UAE’s future challenges and opportunities. Presenting visitors a glimpse into how formative blockchain technologies can revolutionise the social and economic progress of the country, du is hosting a range of solutions at its Gitex stand to bring the UAE Blockchain Strategy into fruition for a smarter, more enhanced UAE.
In alignment with the UAE paperless strategy, which was launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, and digital transformation vision, du has partnered with Accubits Technologies to further its support for the UAE’s future talent by showcasing a student-centric, blockchain-powered Student Passport Digitising certificate solution.
Allowing the authorised entity to assign a certificate template to a school for specific grade, the school automatically receives the certificate and assigns a grade and student batch, the solution is integrated with the school SIS system to automatically add the students’ marks, which will be validated and approved by the exam board. The certificate will then be published to a student portal enabling students to have a digital accomplishment passport with all their certificates chronologically displayed.
du has announced a partnership with Avanza Innovations, an Avanza Group Company, to deliver an enterprise-to-enterprise solution enabling financial institutions to streamline the regulatory compliance, a blockchain based national platform for UAE banks to exchange documents and information securely within a trusted network.
As a national vehicle for exchange of documents between banks, the solution uses inherent properties of blockchain technology to keep Banks’ data secure, immutable and tamper proof. Only documents authorised by issuing bank and endorsed by the customer are accessible to the receiving bank or beneficiary through smart contracts. In line with GDPR guidelines, zero knowledge proofs are incorporated in this solution to reveal only relevant information and proof of authenticity of a document as and when required.
Through its partnership with ConsenSys, a leading blockchain solutions provider and venture production studio, du is building decentralised applications and offering an integrated set of solutions for client-centric blockchain ecosystems.
du’s renowned Blockchain Platform as a Service BPaaS solution is on display to provide Gitex Technology Week 2019 visitors a glimpse into how this formative technology can revolutionise industries and governments. The operator’s BPaaS supports public, private and consortium network types with multiple consensus algorithms.
It does this by providing a developer-friendly GUI, allowing them to create a new network and quickly define participants’ nodes and accounts. In addition, it is easy to add and configure a new node to an existing BPaaS network. Throughout the Gitex demonstration, du’s BPaaS reveals how to create a shared environment for POCs, pilots, and production systems, including shared infrastructure, document management, micro services, core web apps, and platform monitoring.
Marwan Bin Dalmook, Senior Vice President, ICT Solutions and Smart City Operations, du, said: “Embracing emerging technology is pertinent towards creating enriched, seamless, and convenient experiences in tomorrow’s smart city landscape. At du, technology enablement is in our DNA, which is why we are honoured to be optimising blockchain technology’s capabilities to fully innovate seamless digital experiences and solutions that will empower individuals, enterprises, and government entities on their pathways towards fulfilling the UAE’s knowledge-based journey and UAE Blockchain Vision.”
Accubits Technologies is an enterprise solutions development company focusing on AI and Blockchain technologies, based in Virginia, USA with offices in India and UAE. Founded in 2012, Accubits was created to leverage technology to empower creative minds all over the world. Pioneered as a custom Blockchain solutions provider, Accubits is one of the oldest and most experienced Blockchain development houses in the market. In 2018, Accubits was recognised as the Most Promising Consumer Blockchain Solution Development Company by Frost and Sullivan.
Avanza Group of Companies is an 18+ year old technology powerhouse with over 300+ employees in offices across Pakistan, Middle east and Africa. The group comprises of companies that focus on key sectors including Banking, Telecommunications, Governments, Retail, and Manufacturing. Avanza contributes to these industries with its state-of-the-art products that include advanced channel banking applications, customer experience management solutions, e-commerce and retail solutions, Blockchain, RPA, AI, and Smart City applications. Avanza is viewed as a thought-leader in nascent technologies across the region and has won the admiration and confidence of not just customers but also of industry partners such as NCR, Avaya, Microsoft, and IBM.
ConsenSys is transforming our present digital architecture toward a more open, inclusive, and secure internet of value, commonly called Web3. With a more trustworthy internet architecture, we are helping individuals, enterprises, and governments unlock new business models and value, gain efficiencies through a shared IT infrastructure, and utilise cutting-edge cryptographic methods to safeguard private user data. We accomplish this through our unique global business developing the Ethereum blockchain, comprised of a startup incubator, Enterprise Ethereum consulting arm, and investment fund.
