Technology
Technology (China),
and Com IoT
Technologies (UAE),
for the first challenge
that sought to leverage
artificial intelligence
for video surveillance
systems and create
solutions that would
reduce crime rates
and road congestion.
To support the UAE
2021 vision of making
the UAE the safest
place in the world, the
challenge focused on
scaleups that could
deliver solutions that
would analyse behavior
and predict crime-
related patterns, in
addition to enhancing
transportation issues
like congestion and
accidents, and take
automated decisions
with the use of artificial
intelligence on existing
video surveillance
systems.
The second challenge
addresses the use of
Blockchain to reduce
the transactional costs
and complexity in
business processes for
banks, governments
and private
organisations, with the
goal of reducing the
costs and complexity
by 40 percent over
34 | JANUARY 2019
five years. 300cubits (Hong Kong) was selected for this
challenge.
Tradefin (USA) was selected for the last challenge that was
focused on the adoption of Blockchain to enable exchange
across various loyalty currencies and to transform a loyalty
currency into a crypto currency that can be used to perform
online and physical transactions.
In line with the Future Now’s vision of accelerating
innovation, the partnerships will fast track the deployment
of latest technologies such as Artificial Intelligence and
Blockchain to avail them to Etisalat’s client base. The scale-
up program is a key pillar of the Future Now ecosystem
that aims to provide a collaborative platform for innovators,
partners and customers to expedite the adoption of such
cutting-edge technologies.
Sharjah Investment &
Development Authority (Shurooq)
& Johnson Controls Celebrate
Partnership in Energy Efficiency at
Al Qasba, Sharjah
T
he senior leadership of Sharjah Investment &
Development Authority (Shurooq) & Johnson Controls
International celebrated their partnership upon the
completion of the Energy Efficiency Project for the Chiller
Plant serving Al Qasba, a landmark destination in Sharjah
that is extremely popular with tourists and residents.
His Excellency Marwan bin Jassim Al Sarkal, Executive
Chairman of the Sharjah Investment and Development
Authority (Shurooq), said during a meeting on 6th
December 2018: “This is a crucial step for Shurooq and for
Al Qasba, which has been one of the oldest and most iconic
tourism and family landmarks in Sharjah and the UAE. The
integration of Johnson Controls’ eco-friendly chillers not