Dubai Electricity and Water Authority holds Blockchain seminar with Siemens

Dubai Electricity and Water Authority (DEWA) announced on its twitter page that it has joined hands with Siemens to deliver a series of seminars and lectures explaining the benefits of blockchain technology. According to DEWA and Siemens, both entities are looking to raise awareness in a bid to achieve the Dubai Blockchain strategy.

As such DEWA in collaboration with Siemens recently concluded a series of seminars and lectures in Dubai that emphasized the significance of distributed ledger technology (DLT). The seminars focused on introducing blockchain technology in easy language. The lecturers also reviewed Siemens’ newly launched blockchain energy platforms.

Saeed Mohammed Al Tayer, MD & CEO, DEWA, stated, “DEWA supports the Emirates Blockchain Strategy 2021, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance the efficiency of government performance by transforming 50% of federal government transactions to blockchain by 2021.”