The era of blockchain technology being relegated to financial uses only is long behind us. The technology is now being applied in several sectors, from supply chain management to healthcare, social media to digital advertising. On Day 3 at CoinGeek New York, a panel of four experts took the stage to discuss the use of blockchain in government and the public sector and why Bitcoin SV is best suited to lead this new field.
Jimmy Nguyen, Founding President of Bitcoin Association, moderated the panel, which featured Mohamed Jega, the co-founder of Domineum Blockchain Solutions; Saeed Mohammed Alhebsi, the senior project manager at the UAE Ministry of HR and Emiratisation; Muhammad Salman Anjum, the head of InvoiceMate and leader of the BSV Hub; and Ahmed Yousif, the Middle East lead for the BSV Blockchain for Government Initiative.
The Middle East has become the region to watch in the blockchain for governance field, and this was reflected in the panel, with three of the panelists coming from the region. They shared their insights on why the region is leading the charge, what the rest of the world can learn and why Bitcoin SV is seeing such high traction in the region.
Now is the time for blockchain-powered governance
Middle Eastern countries like Saudi Arabia and the United Arab Emirates have pioneered blockchain use in governance. Ahmed, who is playing a central role in this field, offered an insight on why the region is taking the lead.
He told the attendees, “Middle Eastern governments are considered younger and easier to adapt, and blockchain is showing a lot of promise.” The region also has a more streamlined top-to-bottom government and as such, once the decision to adopt blockchain is made at the top, all the other agencies below it are quick to follow.
“Blockchain is a technology the government is taking very seriously,” Saeed offered more insight. The AI expert, whose Ministry is in charge of finding innovative ways to offer employment to…
