AI Office in collaboration with ADCB discusses AI and Blockchain future in banking – News – Emirates

The Prime Minister’s Artificial Intelligence, Digital Economy and Remote Work Applications Office in collaboration with Chainalysis, the leading company in providing blockchain data and analytics to governments, banks and businesses worldwide, organized a training program for Abu Dhabi Commercial Bank (ADCB) ) employees and directors at Coders HQ, as part of the National Program for Coders initiatives.

Saqr Binghalib, CEO of the Artificial Intelligence Office, said adopting advanced technology is a top priority of the UAE government which aims to build a sustainable economy based on knowledge and innovation. These programs are in line with the objectives of the National Program for Coders, to empower the government and private sector with digital tools and improve the educational environment of the talents.

Binghalib added that the program aimed to build the capacity of the elite specialists on design solutions to ensure cyber security in various blockchain fields and increase the readiness of talents to handle technology challenges with the best techniques.

The program started with a workshop presented by Khalid Al Naeemi, Project Manager in the Prime Minister’s Office of Artificial Intelligence, Digital Economy and Remote Work Applications, discussed the UAE National Strategy on Artificial Intelligence, one of the various strategies leading to the UAE Centenary 2071, and the UAE Digital Economy Strategy which aims to involve them in the UAE’s visions in the digital field and the success journey to make the UAE a leading country in AI and technology.

Chanalysis presented a workshop entitled; “Future of Banking”, which aims to introduce a brief about blockchain and NFT, the future of blockchain in banking, and ways to improve the techniques in the working models and their use to create banking solutions. The workshop provides ADCB employees with AI and blockchain experience at this program that supports their capabilities and creates investment opportunities to develop the banking sector.

The program discussed the benefits of improving security with decentralized technology to process financial transactions and regulate virtual assets. Participants went on a tour of Dubai Future Labs and The Museum of the Future at the end of the program.

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