Saudi Arabia has become one of the most vibrant BSV blockchain hubs this year. Following presentations and discussions at the very successful LEAP 2022 tech expo, a number of BSV thought leaders have been making inroads into the Middle Eastern country, including through an event in Makkah in which they interacted with key stakeholders and prominent government representatives.
Speaking to CoinGeek Backstage on the sidelines of the event, Dr. Turki Alamro revealed that it had been a massive success and that the attendants had walked away much more knowledgeable on how they can integrate blockchain technology to enhance efficiency and increase trust.
Dr. Alamro is the dean at the Custodian of the Two Holy Mosques’ Institute for Hajj and Umrah Research at the Umm Al Qura University.
“I’m so glad that I attended the [event] today. I gained a lot of information about blockchain,” he told CoinGeek’s Becky Liggero.
The BSV Blockchain Seminar was held at the Wadi Makkah Incubator, with speakers sharing how the massively scaling BSV blockchain could enable digital transformation initiatives within Makkah and in Saudi Arabia as a whole.
Speakers included Jimmy Nguyen, Founding President of the BSV Blockchain Association; Simit Naik, the Director of Commercial and Strategy at enterprise blockchain solutions provider nChain; and Ahmed Yousif, the Middle East Lead for the BSV Blockchain for Government Initiative.
“They were talking about how for example to define the identity of pilgrims, their payments and how we can track them [and enhancing] honesty and transparency through the whole journey of Hajj and Umrah. I would like to learn more about this,” Dr. Alamro told CoinGeek Backstage.
In his presentation at the event, Nguyen pointed out that blockchain technology goes beyond mere digital currencies and gives users the ability to mark things in time.
“Bitcoin, blockchain and all other things that are driven by blockchain really are based in time and this is what drives the power of blockchain as a data structure, not for cryptocurrencies but to actually improve things in life,” he told the audience.
Watch: LEAP 2022 Saudi Arabia highlights with Becky Liggero
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