Internet of Things With the Artificial Intelligence: Why Do We Need This?

The role of artificial intelligence in mobile application development has taken a different shape in all these years and have moved towards creating a better, sustainable future. In short, the mythical Robo-war belief has washed away, and people and industries are taking artificial intelligence more seriously than ever. The best application of AI can be seen in empowering businesses as it enables a business or brand to provide personalized user experience to make things effective and easier. The city has become a hub for research and development. After achieving and setting a lot of world records in different fields, Dubai is currently concentering on Smart services.

In the first place of its kind in the world, Dubai has launched a SMART PROTECTION service, which embraces artificial intelligence (AI) to react quickly and efficiently to consumer queries and resolve their complaints. This service launched by the Commercial Compliance and Consumer Protection (CCCP) sector of the Dubai DED, which aims to harness AI as part of the continuous pursuit of excellence in government services and endeavors to position the UAE on the global excellence map.

The service connects with consumers in a direct dialogue to understand the query or complaints, processes the data assembled, analyses information and gives a quick solutions for consumer complaints based on the relevant approaches and laws, announced Emirates news organization Wam.

The new service receives complaints 24/7 and asks questions to gather information, and within a few minutes the consumer will be issued an empowerment letter with an instruction from CCCP to the retailer to resolve the issue as per the requirements and policies of DED. The consumer would then be able to present the letter to the trader/company concerned.

The company or trader must take the necessary action within seven days from the receiving the empowerment letter. If no action is made by merchant, the consumer can report the same to the smart services and CCCP will take fundamental action against the merchant, including forcing fines.

Mohammed Ali Rashid Lootah, CEO of CCCP, said "DED is proud to be the first government entity to launch a service based on artificial intelligence for consumer protection and global complaint resolution. It demonstrates government offices in Dubai and the UAE have taken awesome strides in following state-of-the-art technologies and artificial intelligence in serving businesses, visitors and residents in accordance with the highest standards followed internationally in quality and efficiency. Through the new servicewe aim to enhance consumer confidence in the local market and enable consumers to have their complaints resolved anytime, quickly and efficiently.”  

The complaints can also be solved at the click of a button without having them reported to call centers. The CCCP also encouraged significant business groups and companies working in Dubai on the service and looked for their co-operation in enhancing transparency in customer relations.

The service is available in English and also Arabic so that the biggest conceivable segment of consumers will benefit from it. Consumers can get the service by downloading the Dubai Consumer app available on Android and iOS devices, or on the Dubai Consumer Protection website ( www.consumerrights.ae ). The mobile app developers at present are integrating more of artificial intelligence technology in their applications, which are especially required in extending and studying the new horizons of the mobile innovation.

We are at FuGenX, a mobile app development company Dubai that offers Artificial Intelligence and Machine Learning software development services and solutions.

We have been saying that 2017 was an extraordinary year for new business in MENA. Small to Medium-sized Enterprises (SMEs) are the backbone of the UAE economy. They contribute around 60% of the GDP and 86% of employment. The UAE wants to grow the share of GDP contributed by 70% in the next few years.

The UAE’S dynamic startup industry has now achieved levels where investors are investigating verticals in select divisions attractive for investment, making ready for growth and advancement in the country.

According to axiom, mobile apps development is making fertile ground for UAE’s young, tech savvy innovators. The UAE has captured 60 percent of the Middle East’s smartphone mobile apps business. The demand for mobile apps among the tech-savvy millennials is almost insatiable and that is what's driving the growth for the app market. As relatively few mobile app development companies Dubai have still not wandered in Dubai and related regions, you will find a good scope to take over the market.

In 2017 UAE Startups have secured $400 million investment, advancing it is lead in the MENA area’s startup industry, as per a current report.

Several innovation verticals that are attractive for investment in the UAE [and for the most part of MENA]. Investors and venture capital firms are funding more startups in Fintech, E-commerce, Food and beverage, logistics and transport to capitalize on the growing fame of the startup ecosystem. The UAE has held the major share (70%) of investments took after by Saudi Arabia and Lebanon with 9 and 7 per cents, respectively, making the emirate the most encouraging investment hub in the region.

"We have developed a one of a kind comprehension of the venture space. The key sectors distinguished are especially attractive for various reasons. In the First place, these are large Mena technology sectors with market sizes evaluated to be in the billions of dollars each. Second, we have assembled a healthy pipeline and as of now recognized at several potential targets for investment over every one of those verticals. Third, these are sectors where very adaptable business models can be built with no need for disruptive technologies and where we as MEVP can add tangible value to the companies. Opportunities in these sectors have a clear path to profitability and exit," Walid Hanna said, MEVP founder and CEO.

E-commerce and fintech remain the most popular enterprises representing 11.9 percent each as per MAGNiTT’s 2017 State of Mena Funding report. The food and beverage saw the largest increase of 3% in deal flow over 2017, followed by fintech startups also make up 3 of the 10 biggest investments in 2017- Paytabs($20 million), Souqalmal ($10 million) and Wahed ($7 million). Logistics and transport also proved proved big winners with Careem ($150 million), Fetchr ($45 million) and Wego (12 million).

2017 was a year that saw a mix of mastery of old and new players. 500 Startups turned out to be extremely dynamic subsequent to closing $15M for their $30M MENA-devoted fund. MEVP, BECO, Raed and Wamda continued being dynamic throughout the year with Wamda reporting various deals just before the end of 2017.

MAGNiTT's founder, Philip Bahoshy, noticed the present year, much the same as 2017, is also ready to support the growth trend as investment continues to grow in all phases over the funding cycle.

Saudi Arabia and UAE are the biggest logistics markets in the GCC, with an expected market size of $55 billion and $30 billion, respectively, according to a report by Frost & Sullivan. In addition, the addressable road transportation opportunity measure over the GCC is $24 billion, and this is where technology in transportation logistics is becoming progressively relevant.

The UAE-based Truxapp, a startup firm is tending to the deficient logistics and transportation models to help organizations turn out to be more deft and responsive towards their customers need. Another firm Yalla Pickup, the UAE-based mobile app and web-based logistics Services Company, has launched the next phase of its mobile application, which will be focused towards business prerequisites.

Mobile app development helps startups to get some business advantages. It works for as an incredible promotional tool as it retains your customers instructed about your new contributions and current contributions in actual time. We are at FuGenX, the leading mobile app development company Dubai , offering best app development package that is very affordable.

2017 laid a comfortable jet-stream for 2018 to move into, and left almost like a base for advanced technologies like artificial intelligence, machine learning, advanced app development tweaks by mobile app developers, deep learning and other technologies of tomorrow. We have already been seeing tech giants like Amazon, Google, Microsoft etc. that have been up to something in 2017, and have been eagerly awaiting the reveal. However, these are not the only enterprises that had surprises ready for us. And now, as we are way into 2018, it is time we take a look at what kind of digital initiatives had us waiting, and whether they measure up to our expectations or not. Here are a few incredible advancements we have seen in the digital world in 2018:

Amazon Go Store

The pace with which an e-commerce business like Amazon has ascended to at par with the digital world is just unbelievable. In the past few years, Amazon has come up with a series of uber-innovative products such as Alexa, Echo-dot, Amazon Pay, e-commerce mobile app development etc., and now, what we have from Amazon is a next-generation grocery store that doesn’t require you to queue up and bill your purchase in order to check out. Yes, just walk into the store and walk out with what you pick.

But wait for it, for the science behind how Amazon makes it happen will truly amaze you. Hundreds of cameras, infra-red sensors, computer-vision cameras and more advanced tech gazing at you to track your every move, and basically see what you pick off the shelves. A temporary record of what you pick is maintained, and as you walk with your purchase, your Amazon Pay account linked to your Credit Card would deduct the amount for that. Simple, right? So can you walk into the Go Store yet? Well, not all of us, because it has been opened in select places for trials.

Read a Book, Without Opening it

Opening an ancient document without damaging its contents has always been a challenges in archaeology. Often, the ancient documents found in excavation sites are damaged while being opened due to the delicate condition they are in, and even a little twitch can sometimes result in loss of years of research and analytics to locate these types of scriptures. But no more, because researchers at Swiss Federal Institute of Technologyhave devised a new way to assist personnel in archaeological field to read an ancient document or scripture, without opening it. The technology which allows a person to do that is called X-ray computed tomography, which uses X-rays to scan the tomography of the text to intelligently estimate the content of the document.

Coin-sized Rob

Those who fear big medical equipment, and believe it to be the sole reason behind why they wouldn’t ever go for surgery, have a good news; the equipment just got way smaller. A joint effort from Harvard’s Wyss Institute for Biologically Inspired Engineering and John A. Paulson School of Engineering and Applied Sciences, has given the world a microsurgeon robot that goes by the name Millidelta, for the simple reason that it measures up to a millimetre. Millidelta is small, in fact, small enough to fit your pocket, but then that doesn’t limit its functionality, as it has piezoelectric actuators that allows the robot to move its arms and joints to execute operations with high precision. The basic technology behind Millidelta is Microelectromechanical Systems also known as MEMS, which allowed them to build a robotfrom simple pieces of metals.  

Is ‘IoT Software-as-a-service’ for real?

Indeed it Is! The misconception that IoT is like a unicorn that will take form one day and will enlighten our digital world is long gone, as we have seen many tech players prove the arrival of IoT with the technologies they have already integrated with it. Microsoft’s entry into the world of IoT to improve it is an obvious step, and had to take place with a bang. Well, the ‘bang’ is here, and Microsoft has unveiled its IoT Software-as-a-service or IoT Saas to help industries reap the full-fledged benefits of IoT. Microsoft revealed IoT Saas in a public preview and built it with the help of Italian solution’s provider Solair, which it acquired in 2016. Solair IoT solution integrated with Microsoft’s Azure IoT platform, and that is what gave us the world’s first scalable IoT Saas solution.

So these were some of the amazing advancements that have been unveiled just in the beginning of 2018, which speaks a lot about what this year has in store for us. The world is anticipating such smart solutions with an emphasis on artificial intelligence. So, it would be an interesting thing to see the digital enterprises would conform to our expectations.

Author Bio:

Stewart, an experienced content writer working in a mobile apps development company Dubai. I like to write content based on technology, startups and latest technological innovations that people like to know and share with others.

Online shopping has revolutionized the way people make purchases. The growth of e-commerce has driven the online entrepreneurs to increase their scope through mobile applications. More than 2.14 billion people worldwide are expected to purchase services and goods online by 2021. Having an e-commerce website is not sufficient if you want to increase your visibility and sales. For a few reasons, mobile application is a better option when contrasted with the websites browsed on desktop and mobile. To fulfil the demand of mobile apps for e-commerce in UAE, there have been many mobile application development companies came to the market.

Mobile application has various advantages over a web application for an enhanced customer experience. In this manner, if you are planning an extension of your existing e-commerce business, settling on a mobile app will definitely give you a chance to hold the trumps. Mobile app development is obviously a necessary step for e-commerce business owners. But in what ways would that help business owners? Let’s discuss that:

Faster Purchase: Fast Content Retrieval on App

Online stores must be sufficiently quick to have the capacity to build a solid core of loyal customers. The fact is, this is one of the aspects where mobile apps have a huge advantage over websites. Your e-commerce site must be mobile-friendly, but with a mobile application with instinctive UI/UX, your customers can shop quicker.

Since apps store their information locally on devices, they don’t need to pull the information from server and consequently, the content (products) is retrieved faster.

Push Notifications: The Easier way to Connect

Incredible products and offers will just increase the value of your business when they reach the customers on time. While there are communication channels like SMS, email to keep them informed and updated, they absolutely can’t beat the advantage push notifications have.

Sending a small notification through your app like: Get 50% off on some products; Weekend Sale! Can turn out to be very compelling in boosting your sales. Along with this, push notifications is a great approach to reconnect with the lost customers by sending offers, promotions, discounts, deals, etc. Your customers can take a look at these notifications even without opening the app.

Personalization: Customized Content for Customers

Customers appreciate personalized product offers and promotions, as it helps them in making an informed choice. For this, analyzing shopping patterns and learning about individual inclinations is important when it comes to rendering customized experience to the customers.

Products viewed, geolocation, social networking profiles, item categories, gender, age, brands are some of the components that influence personalization.

Creative brands are driving the path in defining the next generation of customers experience with e-commerce personalization, conveying more accurate, significant, and personalized touchpoints both in online and store.

In-app Analytics: Catch Intent-rich moments of users

Knowing the customer and broadening the services appropriately is equal to better conversion rate. Use the Conversion reports to track performance objectives and revenue targets. Mobile app analytics are a key to expanding app engagement and enhanced execution.

With app analytics, one can stay advised about user requirements and accordingly their behavior with the app like screen views, retention analysis, user navigation to different screens, etc. Depending on the feedback derived through these measurements, updates in the application should be possible, according to user requirements.

FuGenX Technologies is one of the mobile app development companies Dubai , and has helped many e-commerce retailers with world-class app development services, including Big Basket – one of the India’s biggest e-commerce business.

Smartphone Manufacturing is undoubtedly one of the fastest growing sectors in the world. Currently, there are 2.6 billion smartphone users, and the number is expected to increase to 6.1 billion by 2020. Global downloads across all mobile app stores are determined to increment 19% every year. As the app economy keeps on increasing exponentially, the number of app downloads is anticipated to grow from 57.33 billion to 253.91 billion.

Eventually a successful mobile strategy includes something more than a mobile-friendly website. Mobile application development is driven by improvement in technology, which expects organizations to have a vision for next few years. The following are the technologies which will boost the future of mobile app development.

  Instant Apps

With instant apps technology, you can utilize applications without installing them on your device . From a business point of view, this serves as the greatest advantage. Even for a great app that has been developed by best mobile app development companies , getting a user to try their app for the very first time is extremely tough. But, with this technology, the company would simply give them a link, thus a part of the app that is essential can be accessed. By adapting to instant apps, there may be an immense shift in the way people have been doing business through applications. In future, deploying the existing applications to the new features could play a major role, and opens up more opportunities for the business.

  Accelerated Mobile Pages

Accelerated mobile page (AMP) is a project from Google and Twitter designed to load and open mobile webpages really quick. AMP is an HTML page intended to be super lightweight and generally facilitates extremely fast loading. So the idea is that the entire platform is designed only for pure speed and readability. Other than this, Google has announced that it will give a unique search index for the mobile web. From an SEO perspective, this progression changes all mobile app development follow-up techniques.

AMP will helps publishers and web designers to make mobile friendly and mobile optimized web pages which load instantly. Also, the visibility of their promotional ads will increase and make a boom in the number of visitors.

  Mobile DevOps

DevOps approach enhances the software development by concentrating on collaboration between different partners and project members, for example, product managers, developers, and the operational staff, while aligning projects with an enterprise’s business objective. With more number of organizations adopting DevOps approach, it can become difficult to continue growing with the conventional business model.

Mobile DevOps for automated integration, testing, and delivery, climbed app development projects can be streamlined. And in this process, mobile DevOps tools can play a vital role. These tools are accessible with individual functionality, and there are coordinated solutions that can offer a centralized perspective on DevOps practices. With this, DevOps is included as a strategic approach for app development.

  Chatbots

The chatbot understand the intent of the users. Chatbots will customize everything to suit users’ taste. One can even integrate their chatbot with other applications easily. With an intelligent chatbot, additional functionality can be added to mobile apps. Chatbots are unquestionably adding quality to mobile app, particularly with the intelligence support it picks up from AI. If you want to boost your mobile app, and increase quality engagement, the time has come to think smart and unique. Adding chatbots to mobile apps will give its authoritative option, and will enable to expand conversions.

It has always been important to deliver best app UX and design for Android, iPhone, iPad, and other devices. The skills required in building customer applications are in more demand than at any other time now convincing business to consider mobility important. Business should watch out for these technologies to adjust their mobile app development strategies.

If you want to experience these technologies, you can reach out FuGenX Technologies.

FuGenX is a global mobile app development company UAE expertise in Android, Windows and iPhone app development. FuGenX won Deloitte Awards for its Excellency in app development services.

The Internet of Things (IoT) wasted no time spreading across the world and connecting a huge number of individuals. Apart from mobile apps development , we have seen almost every major industry put lots of resources into IoT, and foremost industries are rapidly moving to implement IoT solutions that drive the primary concern. Despite the huge gains in connectivity, the truth is, 2018 will be more of a steady growth period for the IoT. Using IoT, successful organizations will create a self-learning environment.

These five innovations will be the top IoT trends in 2018, and could be an essence of the world yet to come.

IoT future shaped by wearables

While 1 out of every 3 smartphone users trusts they will have at least 5 wearables by 2020. So, high demand towards wearable devices such as smart watch, health & fitness band etc. In this manner, a setback in wearable adoption may delay the overall adoption of the IoT among consumers.

Roll out voice-based services to consumers

Google Assistant, Google Virtual Assistant that lives on devices like smart speakers and gaining enormous fame. An ever increasing number of devices will open marketers’ eyes to better approaches for interacting with customers. Industries like financial and some other businesses that request authentication for much else, besides a simple task, will slack. The complexity, broadness and quality of voice-based services will grow in 2018 with accessible services.

Security: Blockchain

Security is still the weak link in the internet of things, so security remains a prime challenge for IoT. Blockchain will play a vital role by improving security for financial transactions in 2018. Watson IoT Blockchain enables devices to participate in Blockchain transactions as a trusted party. IoT and Blockchain empower more transactions overall because they eliminate centralization.

Big Data, Machine learning and AI

The amount of processed data will grow, and due to more number of smart devices, we will use IoT much more than we do now. So, we should work with Big Data in order to consider assets that would empower us to process and analyse problems acurately. Here, Machine Learning is the most demonstrated AI innovation that can process data based on predictive analytics, without the need of manual programming and activating real time tasks in the IoT channel.

Connected devices will double

In 2018, IoT will have considerably more interconnected devices, like a digital nervous system with interfacing devices together and exchanging data. It is not only laptops and mobile phones also there will be more smart devices that we use daily, like smart doors, smart jar, smart locks, smart fork and more. The number of connected devices grew exponentially from 4.9 million in 2015 to 6.1 billion in 2016. It is expected to 46 billion by 2021.

When comes to the utilization of IoT in the business sector, the possibilities are endless. It is never simple to precisely predict the future, and the genuine abilities of the IoT may not yet be realized. IoT world-changing effect on global trade and way of life, however, it is difficult to envision the IoT doing anything but growing to new and more prominent heights in 2018.

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Dubai itself has looked to position itself at the edge of innovation through recent initiatives. It has announced its future plans to use blockchain technology to move all of the government's transactions online by the year 2020. In fact, ‘The Smart Dubai Office’ has won an award for its Dubai Blockchain Strategy activity.

Blockchain technology, initially designed as an appropriated database list system behind Bitcoin, has the potential to genuinely disrupt various industries and make processes peer-to-peer, transparent, secure, and proficient. It can be used by several conspicuous elements in the Emirates including healthcare providers, Dubai International Financial Centre and Dubai Multi Commodities Centre.

There are many Bitcoin mobile wallets designed by mobile apps development companies with loads of security features. They work just like an app and enable you to pay effortlessly using your smartphone. The main function of cryptocurrency wallets is to store your digital currency and provide you with a medium to exchange and transfer cryptocurrencies.

Due to Bitcoin’s flow, the total value of its currency has grown at triple-digit rates every year. It is not controlled by any central authority such as banks or governments. Whatever the genuine worth of Bitcoin, as of late it has been blockchain technology that has seen the greater part of investment from banks, governments, and large organizations, because it reduces the risk of fraud. Without a doubt, the future of Blockchain looks bright, and dynamic in a volatile way.

The blockchain technology can be used as a platform to build helpful applications , which can be mended with solutions in the field of retail payments, infrastructure, trade finance and syndicated loans, settlements, capital markets, and consistence activities.

According to a report from Financial Times, six of the largest banks in the world partnered to create a new form of digital cash that would assist in clearing and settling financial transactions over blockchain-based platforms. The Global Blockchain Council includes 32 individuals including government entities and international organizations such as Cisco, SAP, IBM, and Microsoft, and blockchain start-ups, which are aggressively moving on towards a world powered by blockchain technology. In fact, Emirates Islamic Bank has already integrated with Blockchain technology to detect frauds in online transactions.

The UAE government recently announced that central bank of the UAE was working with Saudi Arabia to issue a digital currency based on blockchain that would be accepted in government transactions between the two countries. This appears to be the first time two countries have consented to cooperate on such a system, which Sfeir-Tait said was “unique, and an excellent initiative for distributed leger technology”.

"Both Saudi Arabia and the UAE have made open commitments leverage blockchain technology as a major aspect of their strategy for the future. So, it is true that they are adopting a proactive strategy to explore the use of cryptocurrencies," Lobrano said.

In 2016, an innovation centre, Dubai’s Museum of the Future announced the formation of research group focused on blockchain technology. UAE is working to set up the nation as a major financial technology player and has just begun to try different things with the potential uses of blockchain in public and private sectors.

International companies, financial specialists foundations, billionaires and even a few governments have influenced it to clear that they will support and begin using blockchain technology as a whole— it gives investors and cryptocurrency holders a huge confidence boost.

FuGenX Technologies –one of the best mobile app development companies Dubai , is capable of building cryptocurrency wallets, optimized to perform low-fee, minimum-latency transactions. To get your own cryptocurrency wallet for your business, reach us out at http://fugenx.ae/

According to Axiom report, application development industry is making ripe ground for UAE’S young, tech-savvy innovators with huge possibilities for growth. And 60% of Middle East’s smartphone app business was caught by the UAE.

In another research conducted by Google in 2016, the UAE ranked number one in global smartphone penetration at 73.8 percent, the same growth in mobile application is continuing in this year also with the enormous uptake of smartphone in the UAE.

The Dubai Smart City activity, launched by Dubai's e-government, intends to change the Emirate into a global smart city in the upcoming years. As of now, everyone in this country depends on smartphone for things like ticket booking, food delivery, tracking location, laundry, and what not! A lot of governments as well as private organizations are searching for various markets to invest. Because of this expansion, Dubai is turning into a hub for tech innovations. Hence, mobile apps have a huge demand in the upcoming years.

“What we are witnessing now is a lifestyle evolution, one in which errands are transforming into services, all with the help of mobile apps,” says Faisal Al Bannai, one of the most prominent businesspersons in UAE.

Particularly, every tech start-up coming up in this region intends to develop a mobile app that can fill the gap that exists in the market. The demand for mobile apps among the tech-savvy ones is huge and that is what’s driving the app development growth at such staggering pace. As relatively few mobile apps development companies have still not wandered in Dubai and local regions, you will find a good scope to take over the market.

Numerous UAE-based tech start-ups have just hinted at early achievement, for example, Careem, Fetchr, and ReserveOut. Yet many other innovative UAE-based start-ups apps are influencing a strong presence in the market, from on-demand laundry service provider, washmen, InstaShop, grocery, and various online food delivery platforms, for example, Eat Easily, Talabat, and Food on Click.

The cost of app development is different for each app’s design requirements. However, it is evaluated that the development costs range of complex or recognised brand apps ranges between $50,000 to $150,000, and that small apps can cost between $3,000 to $8,000.

A report from Accenture indicated that tech start-ups and digital entrepreneurs can possibly contribute altogether to the UAE’s economy. Figures from the consultancy show that digital change, or improving the utilization of digital skills and innovations, can include about AED 51.4 billion to the country’s GDP.

However, the hidden purpose behind the success of Dubai’s app industry is verifiably that app developers started focusing on app market and implementing what potential clients need.

Are you want to be part of this growth with your mobile app?

FuGenX will help you. So if you have any idea to develop your own mobile app for your customers in the UAE, then contact FuGenX, the best mobile apps Development Company Dubai.

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Dubai is digitally the fastest developing city in the world and plans to becoming one of the most technologically advanced one in the world to provide world-class services in all sectors. With regards to its rapid growth and aims for the future, a 10-million square feet innovation hub will be made in the coming years, while the government effectively searches for powerful partners to help UAE tackle future challenges.

The UAE has always been at the bleeding edge of embracing new technologies and the UAE government has always been supportive of new innovations. Considering this, software development companies, including mobile app development companies Dubai started working on new technologies such as artificial intelligence, machine learning, automation, and etc. And Dubai has got big plans for 2018. Want a peek at it? Here’s what Dubai is up to in the year 2018.

Mobility

In light of the Expo 2020, Dubai increased its endeavours to make strides towards environmental friendliness, with government planning to increase its green cover.

Also, the huge increase in population and the simplicity of car ownership has directly affected the number of car accidents. In 2016, pedestrians accounted for 30% of the city’s road deaths. The Roads and Transport Authority (RTA) in Dubai aims to increase public transportation trips up to 30% by 2020. Several road construction and extra pedestrian bridges projects are also planned to increase safety and concern.

Also, the city wishes to adopt clean and environment-friendly fuels and use artificial intelligence. Most probably by 2020, Dubai will become a cyclist and pedestrian‑friendly city.

Advanced Biometrics

Online transactions are more popular and secure than ever before. Digital wallets and mobile payment options rose higher than ever this year.

Transaction Value in the Mobile Payments segment amounts to US$224,426m in 2017. The number of users is expected to show an annual growth rate (CAGR 2017-2021) of 40.1 % resulting in the total amount of US$865,535m by 2021.

There is continuous and progressive battle to make the online transactions more secure. One of the key innovations is the improvement of advanced biometrics. Advanced Biometric including all, voice scanners, iris scans, and facial recognition are on the whole outfitting to guarantee a cash-free, secure Dubai.

Blockchain

Earlier this year, the Dubai government had announced its Blockchain city plan and its intention to turn into the first blockchain-powered government in the world by 2020. Dubai has always been a frontrunner when it comes to adopting new technologies and to become the world’s first government to optimize business decisions with the help of Blockchain infrastructure.

The Dubai Blockchain Strategy will help Dubai to save 25.1 million hours of economic productivity, akin to 5.5bn dirhams, or $1.5bn, in savings per year.

Artificial Intelligence

The Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum says AI applications will generate incomes and give new chances to the economy. The UAE looks forward to become a major hub for developing AI techniques and legislation.

After Saudi Arabia, UAE became the first country to pass its citizenship to a robot and took artificial intelligence readiness to another level. The government has also recently appointed a State Minister for Artificial Intelligence.

Prime Minister Sheikh Mohammad said, “ We want the UAE to become the world’s most prepared country for artificial intelligence ,”

Dubai, for instance, plans to have robotic cops on the streets by 2030. While many specialists, most notably Elon Musk, are concerned about further AI‑development, the Emirates isn’t so much.

Self-Driving Cars

Recently, the Dubai police force introduced a self-driving car, and by the end of this year, it will start patrolling and scanning the traffic for anomalies. An amazing fact about these cars is that they will also be equipped with drones to follow targets off-road).

Sheikh Mohammed said, “By 2030, 25 percent of all transportation trips in Dubai will be smart and driverless. The strategy is projected to generate economic revenues and savings of up to Dh22 billion a year,”

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