The launch of the Center for Excellence in the Block Qin in Masdar City, Abu Dhabi

Media In – Abu Dhabi – 24 July 2018
The Department of Economic Development (Abu Dhabi) signed a cooperation agreement with the UAE-based integrated technology services company Algorithma to promote joint ventures between the two countries to implement projects related to digital transformation initiatives and strategies.
The agreement aims at launching a center of excellence in the Block Qin at the Krafto Labes headquarters in Masdar City, Abu Dhabi, which will transfer expertise and apply best practices and new technologies in line with the Abu Dhabi Government’s plans to invest in technology and innovation solutions, The leader in digital transformation indicators.
Under the agreement, the Center of Excellence in Block Qin provides its services to enable government agencies, companies and private institutions to manage their research and research programs using the latest block-based technology and technology platforms, as well as provide leadership and training programs on best practices in related fields.
The agreement also provides for the joint cooperation of the Block Qin program to develop applicable products, maintenance and entrepreneurship development through the development and support of start-ups and entrepreneurs, and the implementation of advanced mentoring and skills programs through a network of mentors or leading experts from different fields of technology.
Khalifa Abu Salem Al Mansouri, Undersecretary of the Department of Economic Development Abu Dhabi, stressed the keenness of the Government of Abu Dhabi to accelerate the pace of Abu Dhabi’s economic development through a radical transformation in the new generation of services and projects based on digital technology, infrastructure development, With a view to establishing an economy based on science and technology.
He pointed out that the cooperation agreement with Gurithma comes within the framework of the Department of Economic Development’s keenness to strengthen partnership with private sector companies to enhance efforts to achieve sustainable economic development by providing and developing technological infrastructure to enhance Abu Dhabi’s competitive position globally in various indicators, With global changes in various vital areas.