Dubai launches a virtual market specific to business-to-business tourism using Blockchain technology in the context of of his initiative Dubai 10x "To be 10 years ahead of the other cities of the world" Arabian Business reports today, March 3.

The Dubai Tourism Blockchain Marketplace plans to add a "Additional Distribution Channel for Hotels" in the next two years, linking via Blockchain all the tourism organizations involved in the planning of A trip, giving the guests transparent prices, "in real time" and a choice in the tourist inventory of Dubai.

The press release of the Dubai Tourism Ministry describes this new tourist initiative as:

"[going] beyond providing wider access to the global consumer, and open [ing] the bike industry to new participants and innovative start-ups in the ecosystem – thus bringing added value to Dubai in terms of higher and faster visitor conversion, and a more Great impact on GDP. "

at Arabian Business, will allow small organizations equal opportunity to attract tourists and increase employment in the Dubai tourist sphere in its together.

Helal Saeed Almarri, the Director General of Dubai Tourism, said the Dubai 10x Project "[usher] in a new phase of development for government services by transforming a host of ideas Innovative in reality: "

Arabian Business notes that the Dubai Tourism Blockchain Marketplace has stated that it will maintain communication with government regulators during the implementation of the new initiative.

At the end of February 2018, the Dubai Roads and Transportation Authority (RTA) had announced its own plan to launch a Blockchain-based system to track the life cycle of a vehicle. By 2020, also as part of the Dubai 10x Initiative

While Dubai hopes to become the first Blockchain-Government by 2020, the United Arab Emirates (UAE) has released Regulatory warnings in the fall of last year on the risks associated with cryptocurrencies and the initial offer of coins due to the potential use of cryptography for criminal purposes , given its anonymity

.