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Etisalat, DFA to explore new solutions

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Etisalat, DFA to explore new solutions

Published: Mon 30 Jul 2018, 10:08 PM

Last updated: Tue 31 Jul 2018, 12:12 AM

Etisalat Digital on Monday announced its new set of challenges for the 5th cohort of Dubai Future Accelerators (DFA), focusing on creating smart innovative solutions based on emerging technologies like artificial intelligence (AI) and blockchain.
The partnership with the government-supported accelerator is part of Etisalat Digital strategy to bring the latest technologies and innovations to enable a smart ecosystem. The technology themes for the challenges under the fifth cohort of this programme revolve around using AI and Blockchain to address key areas of any smart city. 
The first challenge focuses on reducing crime and road congestion using AI on video surveillance systems by analysing behaviour, predicting crime-related patterns, congestion, and road accidents. It also includes enabling automated decisions that alert the concerned authorities.
The second challenge focuses on using blockchain to reduce transactional costs and complexity in B2B processes between banks, government, and private sectors by 40 percent within five years. For its third challenge, Etisalat Digital would like to adopt blockchain to allow exchange across various loyalty currencies and to transform a loyalty currency into a crypto currency that can be used to perform online and physical transactions.
"For the 5th cohort, we chose to address two of the key emerging technologies in UAE, blockchain and artificial intelligence, to explore new opportunities and solutions, and support the UAE agenda for 2021," Francisco Salcedo, senior vice-president, Etisalat Digital, said.
- business@khaleejtimes.com
 

By Staff Report

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