{"id":6415,"date":"2018-04-02T07:39:53","date_gmt":"2018-04-02T07:39:53","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=6415"},"modified":"2018-04-03T14:00:48","modified_gmt":"2018-04-03T14:00:48","slug":"uae-launches-competition-to-identify-innovative-startups-in-blockchain","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\/","title":{"rendered":"UAE Launches Competition To Identify Innovative Startups In Blockchain"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/04\/united-arab-emirates.jpg\" alt=\"United Arab Emirates\" width=\"300\" class=\"alignright size-full wp-image-6447\" \/>The UAE Government <a href=\"http:\/\/www.mediaoffice.ae\/en\/media-center\/news\/28\/3\/2018\/govhack-series.aspx\">has launched a global emerging technologies<\/a> startup competition, \u201cGovHack Series\u201d in eight major cities around the world. The competition is a part of the GovTech Prize, a UAE government initiative that has been running for its 6th year. The competition, which offers a grand prize money of $100,000, aims to identify startups that leverage artificial intelligence and blockchain technology to aid governments in addressing issues related to data management.<\/p>\n<p>The GovHack Series will take place in New Delhi, Tokyo, Santiago, Jakarta, Washington DC, London, Berlin, and Cairo. It competition takes place from May 2018 until December 2018. The GovTech Prize program is run throughout the year to search for the best tech government solutions developed by governments and individuals. The selected individuals or organizations is presented with the award at a ceremony during the World Government Summit.<\/p>\n<p>The GovTech Prize is organized in partnership with the World Government Summit, Dubai\u2019s Area 2071, world-leading business and government consultants McKinsey &amp; Company, and in collaboration with the Washington-based start-up networking platform Union. The contest aims to find the world\u2019s most creative tech startup solutions to help solve global challenges facing governments<\/p>\n<p>Mohamed Bin Taliah, Assistant Director-General for Government Services Sector, and Assistant Director-General for Corporate Services Sector at the Prime Minister\u2019s Office in the Ministry of Cabinet Affairs and the Future, asserted that the GovHack Series is an instrument that the UAE Government uses to support innovation in emerging technologies, which, in turn, strengthens the UAE\u2019s status as a platform for forecasting the future of strategic sectors, and an incubator for creative ideas from around the world.<\/p>\n<p>Mohamed Bin Taliah said<\/p>\n<blockquote><p>\u201cLaunching the GovHack Series in eight major international cities is a new milestone, and a new achievement registered by the GovTech Prize in its mission to inspire individuals, governments and private entities around the world to innovate and deliver future-ready ideas. The objective is to motivate young minds, students and government employees from around the world to develop smart government initiatives, and propose technological solutions to address the most pressing global challenges. The Prize also propels the most innovative of these ideas to an international stage, presenting them at the World Government Summit.\u201d<\/p><\/blockquote>\n<h2>Competition themes<\/h2>\n<p>GovHack Tech Prize, its partner the World Government Summit and its knowledge partner Mckinsey will host a series of roundtable discussions during the competition dates to address the series 4 main themes. The themes covered are divided into four main categories:<br \/>\n\u2022 Governance and Resilience<br \/>\n\u2022 Environment and Well Being<br \/>\n\u2022 Economy and Society, and<br \/>\n\u2022 Future and Progress.<br \/>\nStart-ups taking part in the competition will be evaluated by a panel of experts, based on criteria such as creativity, impact on society, sustainability, scalability, feasibility, and prospects for commercialisation.<\/p>\n<h2>Prize money<\/h2>\n<p>Winners from each of the eight cities will be awarded a USD10,000 prize, as well as a chance to compete for the USD100,000 grand prize at the final event, taking place in Dubai, on the sidelines of the World Government Summit in February 2019.<\/p>\n<p>Winners will also have the opportunity to collaborate with their governments to implement their technological solutions, and will be invited to participate in a 90-day business incubator program in Dubai\u2019s Area 2071.<br \/>\nAbout the competition topics<\/p>\n<p><strong>Governance and Resilience<\/strong> &#8211; The challenge aims to find startups that leverage emerging technologies such as artificial Intelligence <a href=\"https:\/\/www.legitgambling.com\/cryptocurrency\">and blockchain to aid governments<\/a> in addressing issues of collecting, analyzing and utilizing large flows of data while preserving privacy and security.<br \/>\n<strong>Economy and Society<\/strong> &#8211; The GovHack Series looks for solutions that embrace future and hi-tech solutions such as big data to help streamline decision-making and analysis, and improve quality of life.<br \/>\n<strong>Environment and Wellbeing<\/strong> &#8211; Looks for start-up solutions that tap into the potential and advantages of circular economics to create new products and services that wield positive ecological and citizen well-being. The urge for this challenge roots from the rapid expansion in the sharing economy, driven by the growing role of advanced technologies, which have enabled the emergence of companies such as Uber, Airbnb, and others.<br \/>\n<strong>Future and Progress<\/strong> \u2013 This challenge addresses startups working on disrupting the way we learn and acquire skills to cope with the incoming disruptions in the labor market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UAE Government has launched a global emerging technologies startup competition, \u201cGovHack Series\u201d in eight major cities around the world. The competition is a part of the GovTech Prize, a UAE government initiative that has been running for its 6th year. The competition, which offers a grand prize money of $100,000, aims to identify startups [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-6415","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UAE Launches Competition To Identify Innovative Startups In Blockchain<\/title>\n<meta name=\"description\" content=\"The UAE Government has launched a global emerging technologies startup competition, with a prize money of $100,000. The competition aims to identify startups that leverage artificial intelligence and blockchain technology to aid governments in addressing issues related to data management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE Launches Competition To Identify Innovative Startups In Blockchain\" \/>\n<meta property=\"og:description\" content=\"The UAE Government has launched a global emerging technologies startup competition, with a prize money of $100,000. The competition aims to identify startups that leverage artificial intelligence and blockchain technology to aid governments in addressing issues related to data management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-02T07:39:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-04-03T14:00:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/04\/united-arab-emirates.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"UAE Launches Competition To Identify Innovative Startups In Blockchain\",\"datePublished\":\"2018-04-02T07:39:53+00:00\",\"dateModified\":\"2018-04-03T14:00:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/\"},\"wordCount\":705,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/united-arab-emirates.jpg\",\"articleSection\":[\"Cryptocurrency\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/\",\"name\":\"UAE Launches Competition To Identify Innovative Startups In Blockchain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/uae-launches-competition-to-identify-innovative-startups-in-blockchain\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/united-arab-emirates.jpg\",\"datePublished\":\"2018-04-02T07:39:53+00:00\",\"dateModified\":\"2018-04-03T14:00:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"The UAE Government has launched a global emerging technologies startup competition, with a prize money of $100,000. 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