Dewa collaborates with Alibaba for Blockchain and IOT


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Hi, I'm Saloni Sheelwant and I like to read and write about life and its experiences. The world is full of magic and beauty which is now combined with vast forces of technology. I love to research and write about the new startups and technologies thriving into the lives of this generation at a very fast pace.

Dubai Electricity and Water Authority (Dewa) has signed the MoU with Alibaba Cloud to enhance its digital services. As per the MoU, both the groups will unite in presenting the challenges related to algorithms, quantum computing, IoT, Cloud computing, and significant of all, Blockchain through Alibaba Cloud's Tianchi innovation platform. The collaboration aims to motivate the scientific and engineering competitions to ascend solutions for upcoming difficulties.

Dewa has entered into a deal with Alibaba cloud, the data intelligence backbone of Alibaba Group, the Chinese e-commerce giant, to enhance its digital services. The MoU signed between the groups assert the unified efforts to present the obstacles and challenges concerning algorithms, Internet of Things, IoT, Quantum Computing, and Blockchain. The services and presentations will commence through Alibaba Cloud’s Tianchi innovative platform.

Marwan bin Haidar, the Executive VP of Innovation and the Future at Dewa, post finalizing the agreement with Daniel Jiang, International Chief Solution Director of Alibaba Cloud Intelligence, stated that both the groups would also carry out and organize workshops, training courses and conferences to elevate the services rendered by the authority. Saeed Mohammed Al Tayer, the managing director and CEO of Dewa, said, “We always strive to enhance customers’ experiences by providing digital services supported by state-of-the-art systems. This supports the Smart Dubai initiative, which aims to make Dubai the smartest and happiest city in the world.”

Jiang acknowledged the deal and stated, “Alibaba is really honored to co-operate with Dewa. By leveraging the Tianchi contest program, a big data intelligence platform that brings together over 300,000 global data experts, we can bring huge value to Dewa and contribute to the digitalization of the energy sector.”

The collaboration will further promote Dewa’s efforts to encourage and stimulate innovators from around the globe to indulge in scientific and engineering competitions and present solutions to the next challenges rising for the future.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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