[2018-09-06] ‘A Huge Step Forward’: Bahrain Minister Hails Blockchain Technology

[Terraformer]

Bahrain Minister of Electricity and Water Affairs, Dr. Abdulhussain Mirza has called blockchain technology a “true mark of progress” as he urges companies to take full advantage of its benefits.

Speaking at the SmartSec Cyber Security and Blockchain Conference 2018, Mirza said the blockchain technology is an “important advancement” that helps us find a secure way to “facilitate transactions”,  News of Bahrain reports.

“Technologies such as blockchain take us a huge step forward in finding a secure way to facilitate transactions. Blockchain’s ability to protect user’s data is a true mark of progress, because it can be applied in different companies from different industries including cybersecurity.”

The Minister also urged Bahraini companies to embrace the initiative as it has the power to promote “innovation” among the “great minds of the community.” He also spoke on cybersecurity and its threat to the global community. According to Mirza, “cyber-security is an essential part of our lives,” and the threat of cyber attacks should not be taken lightly.

Continue reading >> https://www.ccn.com/a-huge-step-forward-bahrain-minister-hails-blockchain-technology-urges-adoption/

[hugeblack]

I can’t confirm the authenticity of this news from independent sources, but  Dr. Abdulhussain Mirza is not on the list of speakers.[1]
The Kingdom of Bahrain is open to accept this technology and perhaps it is one of the few countries in the Arab Gulf to implement this change, but its impact is still partially due to its small size.
Generally, we cannot say that this is the official orientation of that kingdom.

[1] http://smartsecme.com/speakers/

[Theb]

Personally I don't see a good or bad news about this one because he is a speaker in a Blockchain related conference, you are not expected to talk trash when you are a guest speaker. He is also a Minister of Electricity and Water Affairs which I don't see any connection on how he can support Blockchain technology in his country when he has no direct authority to do so. To be frank the conference's organizers might just even invited the minister because he is a political figure and events like this one can be more moving if the speech is being delivered by a person with a position in the government, he is also not known as a supporter of blockchain technology which really tells a lot.