The best innovative urban development project has been determined. Smart Cities Expo and World Congress took place in Barcelona, where the City Project Award was given for the best urban development project. Dubai was considered worthy to receive the City Project Award, among 308 projects. The strategy provides that all government transactions will be conducted on online with the help of blockchain, by 2020. Wesam Lootah, CEO of Smart Dubai Office (SDO) said: ‘’Now we are working on the development of the first set of international standards based on the blockchain, which will be proposed for consideration by the government.’’
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