It was announced last week that Etisalat Digital has partnered with Dubai Future Accelerators to use artificial intelligence in ways to help reduce crime and road congestion.
It plans to deploy AI to analyse behaviour, predict crime-related patterns, congestion, and road accidents. It also includes enabling automated decisions that alert the concerned authorities.
Etisalat Digital has laid down plans as part of its new plan for the 5th cohort of Dubai Future Accelerators, focusing on creating smart innovative solutions based on emerging technologies like AI and blockchain.
In its official statement the company revealed that the challenge is in support of UAE 2021’s vision of making the UAE the safest place in the world and to enhance transportation.
In addition to that the company said that it will further focus on a second challenge that will include using blockchain to reduce transactional costs and complexity in B2B processes between banks, government, and private sectors by 40 percent within five years.
Moreover Etisalat Digital is aiming to to adopt blockchain to allow 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.
Francisco Salcedo, senior vice president, Etisalat Digital, said: “Our partnership with the accelerator supports us in collaborating with innovative companies worldwide to bring the latest innovation to our customers.”
Applications are open to companies across the globe to address any of these challenges along with technology experts from Etisalat Digital. Companies will be shortlisted and selected as part of a nine-week programme expected to start in September.
Towards the end of the programme, Etisalat Digital will sign a commercial agreement with selected companies.
Dubai Future Accelerators was launched in 2016 by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of Dubai Executive Council, under the directives of Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai.
The programme is a government initiative that aims to bring the world’s most exciting and transformative technology start-ups to Dubai to collaborate with local entities and find solutions for future challenges.
Artificial intelligence was founded as an academic discipline in 1956, and in the years since has experienced several waves of optimism,followed by disappointment and the loss of funding (known as an “AI winter”), followed by new approaches, success and renewed funding.
Currently the field of AI appears to have a bright future and a wide variety of applications.
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