BIS and UAE Launch Initiative Seeking Blockchain and AI Solutions!

The Bank of International Settlements (BIS) has launched an initiative, in partnership with the Central Bank of the UAE and the Emirates Institute of Finance, calling for blockchain, artificial intelligence (AI), and Internet of Things solutions for sustainable finance. The coordinated program from the UAE COP28 presidency, the COP28 UAE TechSprint, has called on developers to find blockchain-based solutions for funding transformation, with AI being used to strengthen reporting mechanisms and blockchain technology auditing and enhancing transparency. The TechSprint will formally close on October 6.