As part of the initiation to devise the future of banking and finance, the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office collaborated with Chainalysis, a leading blockchain data, and analysis provider company.
The collaboration will create an organized training program for Abu Dhabi Commercial Bank’s (ADCB) employees and directors at the Coders HQ, integral to the National Programme for Coders initiatives.
The main objective behind the program is to “build the capacities of the elite specialists on design solutions to ensure cyber security in various blockchain fields and enhance the readiness of talents to manage technology challenges with the best techniques,” said Saqr Binghalib, Executive Director of the Artificial Intelligence Office.
The Programme Aimed at the Future Of Blockchain in Banking
Part of the arrangement under the program includes a presented workshop by Chainalysis titled; “Future of Banking” — this workshop will diffuse details about blockchain and NFT, the future of blockchain in banking, as well as ways to amplify its techniques in the work models and utilization in creating banking solutions.
The workshop also offers AI and blockchain experience to ADCB’s employees, supporting their potential and creating investment opportunities to develop the banking sector.
“Adopting advanced technology is a top priority in the UAE Government aiming to build a sustainable economy based on knowledge and innovation. Said Binghalib. Adding, “These programs align with the National Programme for Coders goals, to empower the government and private sector with digital tools and enhance the talents’ educational environment.”
Overall, the program converse about the advantages of boosting security using decentralized technology like the Blockchain to process and execute financial transactions and regulate virtual assets.