The Science and Technology Sector of the Islamic World Educational, Scientific and Cultural Organization (ICESCO), in partnership with the German-Jordanian University (GJU) in the Hashemite Kingdom of Jordan, held an international seminar on the impact of digital currencies on international trade and micro, small and medium-sized enterprises, as well as a training session on blockchain technology and its role in the Fourth Industrial Revolution, to contribute to supporting digital transformation and encouraging the Islamic world countries to join the digital economy.

During the seminar, which was held on Monday, May 15, 2023, with the participation of several local and international experts in the fields of technology, digital financial services and economics, Dr. Adel Smeda, Expert at ICESCO Science and Technology Sector, highlighted the importance of introducing the potential of cryptocurrencies and finding innovative solutions to enhance the competitiveness of micro, small and medium-sized enterprises, and help them in keeping pace with the developments and challenges of the digital era.

In his address during the training workshop, which was held on Tuesday, May 16, 2023, Dr. Smeda delivered a presentation on the Fourth Industrial Revolution opportunities and challenges as well as the promising prospects it provides to youth, pointing out ICESCO’s efforts in supporting several projects in the fields of digital transformation and information technology, as part of the Organization’s conviction in the pivotal role they play in achieving the Sustainable Development Goals.

The Workshop aimed at training youth on ways and mechanisms to take advantage of the opportunities offered by digitization in the fields of economy, entrepreneurship and innovation, and introducing the concepts of the Fourth Industrial Revolution and the key technologies, mainly artificial intelligence, big data, the Internet of things and blockchain technology.