A workshop on Regulatory Hacking Program was jointly organized by Dubai 10X, an initiative by Dubai Future Foundation, and global business, incubator 1776, on April 10 in Dubai to embrace disruptive innovation. At least 36 Dubai government entities participated in the program, which was backed by His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai.
The workshop was aimed to educate Dubai government about flexibility in the administrative barriers involved in the startup job culture. Participants were educated about policy-making procedures in Dubai and how government elements can work with the startup ecosystem for better growth in the market.
Basically, the Regulatory Hacking Program was planned to investigate arrangement making strategies and see how to approach improvement can be utilized to make a guide for arrangements to supplement the new administrations and activities which will be produced by 10X groups.
"The Regulatory Hacking Program offers bolster for the Dubai 10X activity groups as they make creative strategies for government elements that make them more adaptable in adjusting to future changes," Abdullah bin Touq, Acting CEO of the Dubai Future Foundation, was cited as saying.
Meanwhile, Evan Burfield, CEO of 1776, stated the workshop on regulatory hacking will make administrative hacking "“the new tool of trade in the digital era”.
After the program is over, announcements will be made by Dubai government about the regulatory changes finalized during the program, which will be implemented later.
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