Forum to focus on Blockchain technology

Muscat: Singapore-based Locus Chain Foundation (LCF) has announced that Shaikha Moaza Obaid Suhail Al Maktoum, Senior Advisor of LCF, will participate in the Locus Chain World Summit at the Clifford Pier Lobby, the Fullerton Bay Hotel in Singapore on August 29, 2018.
The summit aims to explore the scope of expanding "Locus Chain" blockchain technology to all the possible industries to achieve a fairer world, ensuring justice and transparency in all financial transactions, healthcare services, charity and educational activities.
The UAE team includes Ahmed Habib Al Gharib, General Manager of Humaid Bin Rashid Al Nuaimi Foundation for Human Development, Ajman, and the full team of the Locus Chain Middle East and North Africa (Mena) office in Dubai.
Khalfan Saeed Al Mazrouei, LCF Co-founder and Chairman (Middle East & Europe) and former Undersecretary for the Personal Department of the late Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates, will open the Summit. Amir A. Dossal, the winner of the 2010 New York UN Humanitarian Award, will also attend as a guest speaker.
Al Mazrouei said, “The region from the far-east to north Africa is fast adopting blockchain technology in the day-to-day activities both in the public and private sectors. As far as the developing countries are concerned, the technology will accelerate their growth prospects, as well as modernise governance.”
Topics of the Locus Chain summit, the second major event of LCF since its launch in Dubai last April, include the ongoing cases and resources for the actual application of Locus Chain as a blockchain platform. It will also spotlight the advantages of blockchain technology in areas such as the e-government system, and Locus Chain’s strengths and journeys so far, as well as its aspirations for the future.
Many top delegates from around the globe such as senior diplomats, high net-worth individuals, business partners, philanthropists, blockchain experts and financial gurus will attend the Summit.
YoungBae Moon, LCF Advisor and Director of Research at the digital finance laboratory of Korea University, will present the theme "Development of Government Structure and Services Using Blockchain Technology". Lu Kun Shan, CEO of Leadtec, will cover the topic "The New World of Medical Systems and Improved Management through Locus Chain", followed by the speeches of Soo-Han Cho, CMO at Bloom Technology, and Sang-Yoon Lee, CEO of Locus Chain Foundation, on the topics "The Future of Enterprise Blockchain Technology" and "Building a better future with Locus Chain", respectively.
Locus Chain Foundation is on the verge of registering the exchange as it passed all of the listing processes of Bibox, the global coin exchange. It has been enjoying tremendous global support from blue-chip companies and prominent business and political leaders, including Prince Fahd Bin Muqrin Al Saud of Saudi Arabia, Chairman of the Al Hermas Global Group and Tunisia Economic City, OMENE Holdings, operated by the Nigerian Prince, Franklin E. Omene, State Informatics Limited Mauritius, JH operated by Brunei’s Minister of Religious Department, Pengiran HJ Mohammad, Burgschild Holding Germany.
LCF has formed strategic partnerships with numerous companies and governments in Africa, the Middle East and Asia in the fields of energy, resources, telecommunications and electronics. It also supports various leading charity organisations such as Ibello Foundation in Nigeria, Sai Sanjeevani Charitable Trust, Kashba Youth Foundation, and Human Welfare Trust in India.