April 25th, 2018, Dubai (UAE): The Dubai Business Women Council, in cooperation with the American University in Dubai, organized a workshop at the Dubai Chamber of Commerce and Industry on the topics of Blockchain Technology and Cryptocurrencies. The workshop is part of the council’s efforts to enhance the knowledge of its members on the latest topics and issues related to business and entrepreneurship.
The workshop, which was moderated by Dr. Tatiana Zalan, Associate Professor of Management at the American University in Dubai, was attended by 21 participants that represented various economic sectors. The participants reviewed the concept of Blockchain Technology and the ways of using it to develop and improve their businesses. They were also introduced to cryptocurrencies, which contributed to increasing their awareness on the latest developments in the business sector.The session is part of the council’s commitment to meet the objectives of government plans for the business community, such as the Emirates Blockchain Strategy 2021, which was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The strategy aims to offer a digital infrastructure that speeds up and facilitates business procedures and elevates UAE’s position as a global economic leader.The educational workshop was organized with the aim of educating participants on Blockchain technology and its advantages, as well as reviewing realistic and practical examples that use this technology and its benefits to the business sector. The workshop also aimed at introducing the concept of cryptocurrencies such as Bitcoin and Ethereum. The participants then reviewed the economic effects and challenges of adopting Blockchain technology and using cryptocurrencies.Nadine Halabi, Business Development Manager at the Dubai Business Women Council, stated that the council picks topics that feature the latest developments in the business community. She stressed that it is important for the topics to align with the developmental goals of the UAE, which enhances the skill and competitiveness of the members in the country, and their ability to face challenges and experience growth in their professional lives.Halabi pointed out that the topic of Blockchain Technology is a vital field for companies that seek to grow and develop, and adopting this technology has many benefits such as reducing costs and simplifying business procedures. She added Blockchain market in the UAE is expected to reach a value of $300 million (Dh1.1 billion) by 2022, due to demands from the government and private sectors for software that provides security and speed during transactions.The Dubai Business Women Council actively organizes training courses and workshops to enhance the members’ competitiveness in the country’s labour market. During the first quarter of the year, the council organized 16 workshops that discussed various topics and strategies such as innovation, drafting contracts, intellectual property, and Value Added Tax among others.
About Dubai Business Women Council (DBWC):
Established in 2002, under the umbrella of the Dubai Chamber of Commerce and Industry, the Dubai Business Women Council is the UAE’s leading platform for the personal and professional development of business women in the Emirate of Dubai.
The Dubai Business Women Council celebrated the 15th anniversary of its establishment in 2017. During this time, the Council has dedicated its efforts to enhancing gender equality in society and encouraging women to play an active role in building the country and stimulating sustainable development.
Providing education, training and networking opportunities to aid in achieving holistic development and meeting career aspirations of UAE-based business women is at the heart of the DBWC’s mission, in addition to inspiring and encouraging women to play their role in society and the economy.
DBWC’s tailored workshops and training sessions are hosted exclusively for its members and provide valuable information about the latest knowledge, skills and best practices for women entrepreneurs and leaders. For more information about the DBWC and how to join its community of visionary and influential trailblazing women and benefit from its services and initiatives, visit www.dbwc.ae.