UOWD's Blockchain, AI and Web3 Conference Announces Launch of New Research Lab

Friday, 24 May, 2024

The world is rapidly shifting towards decentralised technologies, and the UAE is at the forefront of adopting these innovations. Recent government initiatives and significant investments in blockchain and AI highlight the nation's commitment to technological advancement. The UOWD Blockchain and AI Conference (BAC) Web3 Conference provided a comprehensive platform for exploring these trends. The event also marked the launch of the Blockchain Innovation and Analytics Lab, a significant milestone in UOWD's journey towards contributing to the evolving landscape of blockchain and AI technologies.

The UOWD Blockchain and AI Conference (BAC) Web3 Conference was a gathering of experts, scholars, and industry leaders who shared insights on the fusion of AI and Web3 technologies. The conference opened with thought-provoking discussions led by Dean Prof Payyazhi Jayashree and Associate Professor Yiyang Bian, who emphasised the growing importance of these technologies in the global landscape.

Discussions covered a range of critical topics, including the potential for Web3 incubation in the MENA region, innovations within the BTC ecosystem, and the crucial role of community-building in achieving blockchain mass adoption. These discussions highlighted the unique opportunities and challenges associated with fostering decentralised technologies in different regional contexts and the importance of creating supportive ecosystems for their growth. The panels also delved into investment strategies for Web3 technologies, emphasising the need for strategic collaboration and innovative thinking to drive the next generation of technological advancements.

A major highlight of the conference was the signing of a Memorandum of Understanding (MOU) between UOWD and Matrix Lab, marking the launch of the Blockchain Innovation and Analytics Lab. Led by Dr Yiyang Bian, this lab aims to advance blockchain research and foster industry collaboration.

The Blockchain Innovation and Analytics Lab will focus on:

• Conducting pioneering research on novel blockchain technologies.
• Exploring synergies between blockchain and emerging technologies.
• Developing innovative blockchain solutions across diverse industries.
• Establishing collaborative research partnerships with industry stakeholders and governmental entities.

The UOWD Blockchain and AI Conference and the launch of the Blockchain Innovation and Analytics Lab represent important milestones in the ongoing journey towards decentralised technologies. These initiatives underscore UOWD's commitment to contributing to the global and regional advancement of blockchain and AI, positioning the institution as a key player in these dynamic fields.