Blockchain Policy launched by Dubai Future Council

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.