The ‘IT Professionalism Conference 2021’ was held during three half-day online sessions from April 20 to 22 by the eSkills Malta Foundation, in collaboration and partnership with the Irish Digital Skills and Jobs Coalition and IT Professionalism Europe, which work closely with key public actors from the European Commission and the European Parliament.
To address current and new challenges, one of the EU targets is to have 20 million IT professionals working by 2030 by revitalising current initiatives for professionalising the European IT workforce and calling on all stakeholders to increase their efforts and cooperation.
During the conference, participants gathered perspectives from Europe and other continents to identify the steps necessary to help meet the new EU target goals, including political initiatives, developing technologies and the outlook for young IT professionals.
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The United Arab Emirates today launched a new blockchain-based platform called UAE Trade Connect that’s designed to prevent economic crimes such as under-invoicing, money laundering and fraud in trade finance.
The distributed ledger blockchain network was developed by UAE-based telecommunications company Etisalat and a consortium of seven local banks led by the First Abu Dhabi Bank. The system went live today after six months of trials and the overall project took two years from concept to delivery.
“UAE Trade Connect will be a game-changer for the trade finance space,” said Zulqarnain Javaid, who heads UAE Trade Connect.
Blockchain technology protects historical records of transactions by storing them in distributed, cryptographically hashed chains that can be independently verified and audited by third parties without revealing sensitive information. Once a record is submitted to a blockchain, it cannot be changed, and because blockchains are widely distributed, ea
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