Ahmed Yousif on CoinGeek Backstage

Ahmed Yousif on CoinGeek Backstage: We’re educating governments about the power of blockchain

The Middle East is quickly adopting and integrating blockchain technology, and the BSV enterprise blockchain is emerging as the frontrunner in this blockchain revolution. Ahmed Yousif is one of the people playing a critical role in BSV’s adoption in the region, especially by the region’s government. He joined CoinGeek Backstage to talk about his role in the BSV ecosystem and how the Middle East implements blockchain.

Yousif is the Middle East lead for the BSV Blockchain for Government Initiative. In this role, he helps “drive the adoption of [BSV] for government initiatives in the Middle East,” he told CoinGeek Backstage host Sarah Higgs.

As CoinGeek has reported, the region is seeing aggressive adoption of blockchain technology, with some countries like the UAE setting a goal of having at least 50% of their government transactions on-chain, while some cities like Dubai already run on the blockchain. 

For this adoption to take place, the government has needed a lot of education on the impact that blockchain can have, Yousif stated. This has been one of his biggest roles, and he has continued to meet and interact with several officials from several Middle Eastern countries who are eager to learn about not just blockchain, but specifically why the BSV blockchain is above other blockchain networks.

“[Middle Eastern] governments are trying to find good use cases for blockchain. So that’s our role now—to show them that there are actually good use cases that they can actually implement the blockchain for,” Yousif said.

One of the biggest breakthroughs for the BSV ecosystem in the region is through the BSV Academy, which is set to launch in the Kingdom via a partnership between the Saudi Arabian Ministry of Communications and IT and the BSV Blockchain Association.

The region is also quite advanced in its quest to have smart cities. Saudi Arabia is among the most advanced on this, and the Kingdom has already expressed its goal of integrating blockchain as the data ledger in these cities. In smart cities, the amount of data generated by the thousands of interconnected smart devices is colossal. Only BSV blockchain, with its ability to scale unbounded, can handle such data, making it the only blockchain network able to underpin smart cities.

Watch: CoinGeek New York panel, Increasing Footprints of BSV Blockchain in Middle East & South Asia

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.

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