Karuschain speaks on the impact of blockchain in mining at the World Blockchain Summit Dubai
Published by John Williams,
Editorial Assistant
Global Mining Review,
The World Blockchain Summit is a global series of gatherings that take place in over 10 destinations around the world.
The event connects global blockchain innovators and technology players in this space including emerging start-ups – with regional businesses, government authorities, IT leaders, tech entrepreneurs, investors and blockchain developers.
Taking place at the Jumeirah Towers in Dubai, a recent hub for blockchain activity the United Arab Emirates (UAE) is positioned to lead the charge in the acceptance of cryptocurrency in the region, with a strategy that aims for 50% of all government transactions to occur through blockchain by 2021. The summit will feature enterprise use-cases, government use-cases, inspirational keynotes, panel discussions, tech-talks, blockchain exhibition and start-up pitch competitions.
Karuschain CEO Richard Verkley was invited to make a keynote presentation at the event as a thought leader for the use of blockchain to revolutionise the mining sector.
Verkley said: "Mining is an essential industry. Without mining, we would not have key metals and technological innovation would be lost. Blockchain brings significant cost-saving and efficiencies to mining, enabling the industry to shed its older image and allows the sector to be seen for its essential role in global innovation."
Read the article online at: https://www.globalminingreview.com/finance-business/04112019/karuschain-speaks-on-the-impact-of-blockchain-in-mining-at-the-world-blockchain-summit-dubai/
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