The United Arab Emirates’ Ministry of Community Development (MOCD) will host a contest for growing blockchain bitcoin mining computer software program”>computer software program inside the social sector.

Driving blockchain for consciousness and social care

The MOCD introduced its “Social Blockathon” competitors with a complete prize fund of $16,300 to encourage the event of blockchain-based functions for instructional, social and leisure functions, the nation’s official information company, Emirates News Agency, reported on Oct. 6.

According to the report, the competition submissions are open until Feb. 20, 2020, with the Blockathon tantalising programmers, graphic and interface designers to contend in constructing blockchain computer software program inside the areas of consciousness and social care. The contest was introduced by the MOCD throughout GITEX Technology Week held on the Dubai World Trade Center from Oct. 6 to Oct. 10.

According to the report, the MOCD will reward the competition winners in UAE’s fiat forex, the dirham (AED), granting the first-place winner 30,000 AED ($8,200), whereas the second and third locations will obtain 20,000 AED ($5,400) and 10,000 AED ($2,700) respectively. The winners shall be introduced through the UAE Innovation Month in February 2020.

Within the “Social Blockathon” competitors, contributors shall be challenged to develop blockchain-enabled apps inside a restricted period of time and won’t be allowed to make use of pre-designed computer software program and functions, the report notes.

The MOCD is answerable for growing and implementing social insurance policies and laws for social insurance policies inside the UAE. It in addition oversees welfare establishments and units sure insurance policies pertaining to marriage and different features of life inside the Emirates.

UAE embrace blockchain

The MOCD is in search of to enhance the social improvement inside the nation by pains to satisfy targets of the nationwide improvement agenda, Emirates Vision 2021, which units the important affair subjects for the social and business improvement of the UAE and requires a shift to a wide-ranging and knowledge-based economic system. In November 2019, the ministry rolled out a proof-of-concept based mostly on the ProximaX Sirius blockchain in a transfer to begin implementing blockchain initiatives.

In September, the UAE Ministry of Health and Prevention launched a blockchain system for transcription and sharing health care information. Earlier this 12 months, the Dubai Land Department, truth property division of the Executive Council of Dubai, partnered with UAE-based Mashreq Bank to launch a blockchain-based mortgage platform.