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The UAE Social Ministry of Community Development (MOCD) will soon host a competition for developing blockchain software in the social sector. As the latest blockchain news today show, this is a major development for applications of this type.

Everything started when the MOCD announced the “Social Blockathon” competition with a total prize fund of $16,300 to encourage the development of blockchain-based applications. The apps, as the UAE Social Ministry noted, will be used for educational, social and recreational purposes. The news were shared in a report shared by the country’s official news agency, Emirates News Agency, on October 6th.

As the report outlined, the contest submissions are open until February 20, 2020. The Blockathon is actively inviting programmers, graphic as well as interface designers from the country to compete in building blockchain software in the areas of awareness and social care. Initiated by the MOCD during GITEX Technology Week held at the Dubai World Trade Center (October 6- 10), this contest is now in the crypto news in the country.

What’s interesting is the fact that the report shows how the UAE Social Ministry and MOCD will reward the contest winners in UAE’s fiat currency – the dirham (AED). It will grant the first place winner 30,000 AED (equivalent to $8,200), while the second and third places will get 20,000 AED ($5,400) and 10,000 AED ($2,700), respectively. The winners will be announced during the UAE Innovation Month in February 2020.

The UAE Social Ministry and its “Social Blockathon” competition will see participants challenged to develop blockchain-enabled apps within a limited period of time – and won’t be allowed to use pre-designed software and applications, as the report notes.

As a latest development in the country, this competition is a strong indicator of mass adoption of blockchain in the country. As we can see lately, the blockchain news are promoting the field of blockchain development in the country – in the same way as MOCD is seeking to improve the social development in the country by striving to meet objectives of the national development agenda named Emirates Vision 2021. This initiative sets the key topics for the social as well as economic development of the UAE while calling for a shift to a diversified and knowledge-based economy.