Home Blockchain Future Blockchain Summit kicks off on Oct 15

Future Blockchain Summit kicks off on Oct 15

by Abigail Bautista

The Future Blockchain Summit 2023 is currently underway in Dubai, attracting members from across the global blockchain and cryptocurrency ecosystem. This sixth edition of the summit is hosting more than 150 exhibitors, regulatory authorities, and government officials from over 50 countries.

Ahmed Bin Sulayem, Chairman of Dubai Multi Commodities Centre, delivered a keynote address on the topic of “Attracting Global Gaming and WEB 3 Talent to Dubai.” He emphasized Dubai’s role as a global hub for web3 technologies, attributing it to the UAE leadership’s commitment to the development and application of blockchain. Sulayem also praised the forward-thinking policies established by UAE regulators, such as VARA, which strike a balance between freedom and regulatory confidence for crypto firms.

One of the highlights of the summit’s first day was the Exchange Stage, which featured sessions focusing on the theme of “Entertainment in Web3.” The panel discussion on “Gaming in GCC: Who Becomes the Global Gaming Hub?” included notable speakers such as Pavel Kasperovich from Boston Consulting Group, John Lacey from Tencent Games Global, and Sultan Al Riyami. They discussed Abu Dhabi’s unique approach to nurturing talent in the esports and gaming industry, creating an environment for developers to thrive.

The power of artificial intelligence (AI) in the Web3 world was another topic of interest on the first day. Emil Jimenez, the founder and CEO of MindBank Ai, gave a talk titled “Welcome to a Web3 World of AI Enhanced Humanity.” He explored the future of AI, the impact of digital twins, and showcased MindBank Ai’s progress through an interview with his own digital twin.

Another session, “Stories from Songs Past and Present,” delved into how AI has transformed the music industry and the creative process. Global sensations Fernando Garibay, founder and CEO/music producer at the Garibay Institute, and OG Arabian Prince, a founding member of N.W.A and co-producer of Straight Outta Compton, shared their insights. OG Arabian Prince highlighted the importance of providing AI with experiences, sounds, and styles in order to generate meaningful suggestions.

The Future Blockchain Summit will continue for the next three days, from October 16 to 18, featuring global disrupters and innovators who will showcase the progress made in Web3, blockchain, and crypto technologies. The event aims to drive transformative change for the future, further solidifying Dubai’s position as a key player in the blockchain and cryptocurrency space.

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