DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

  • Date: 14-Sep-2020
  • Source: Fintech News Middle East
  • Sector:Technology
  • Country:UAE
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DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF) for a technology acceleration programme, to identify and support blockchain and AI-driven start-ups from the region.

The MoU also outlines plans to introduce technical training programmes at the DIFC Academy including coding courses such as Full-Stack Web Development and App Development. This supports the Dubai Future Foundation's One Million Arab Coders initiative, which was launched in 2017 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

In addition, DIFC and DFF will also collaborate on research and development programmes with leading research and technical institutes. The MoU is said to be in line with the execution of the Dubai 10X vision, to enable