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Dubai Financial Center Launches Digital Economy Court

The Dubai International Financial Centre (DIFC) Court will now be taking cases online using advanced new technologies.

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dubai financial center launches digital economy court
Dubai Media Office

These days, it seems as though virtually everything has shifted from the real world to the online space. From productivity and office apps, to cloud storage and industry-specific software, most sectors of the global economy now function without a reliance on bricks-and-mortar locations.

Although the legal profession has moved many of its administrative processes online, until recent years, court proceedings have largely been conducted the old-fashioned way — that’s to say, in person.

Now, it seems, even court hearings are being digitized, as the Dubai International Financial Centre (DIFC) has just announced the launch of the world’s first international court, aimed at settling digital economy disputes. The complex infrastructure of the new legal operation will be managed by judicial experts with wide international experience, and authorities claim that the platform will provide the best legislative environment for startups and digital economy enterprises.

“The world’s first international digital economy court will enhance the ability of global companies and institutions operating in the digital economy to adapt to the future requirements of this fast-growing sector,” says Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC.

Also Read: Saudi Arabia Set To Invest $1 Trillion In The Real Estate Sector

A team of expert developers and international lawyers was tasked with building and standardizing the fully paperless platform, which will use AI and complex algorithms to help process the various forms and paperwork required by court officials.

The DIFC Courts formed a Digital Economy Court (DEC) Division back in 2021 to oversee difficult national and international cases. As technologies such as blockchain, AI, unmanned vehicles, and fintech services become increasingly complex and intertwined, new rules and regulations must be developed to manage and resolve legal disputes.

Dubai’s digital economy court represents a considerable milestone for the emirate and places the progressive, tech-first Dubai International Financial Centre at the heart of a global, fully interconnected economy.

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Samsung Galaxy Ring Wearable Will Launch In Eight Sizes

A recent Korean report reveals the model numbers of the new health tracking device, as well as details of its key features.

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samsung galaxy ring wearable will launch in eight sizes

The global launch of the Samsung Galaxy Ring is hotly anticipated, with details about the next-gen wearable gradually emerging since the company’s teaser announcement back in January. Now, a report has also unveiled the model numbers for the device, suggesting it will be available in eight different sizes.

While Samsung has yet to divulge detailed specs and features of the Galaxy Ring, it’s likely to feature an array of health and sleep monitoring functionalities, while boasting a battery life of up to nine days on a single charge.

As per a Galaxy Club report, there are currently eight confirmed variants of the Galaxy Ring: SM-Q500, SM-Q501, SM-Q502, SM-Q505, SM-Q506, SM-Q507, SM-Q508, and SM-Q509.

However, the mystery shrouding two absent model numbers persists, leaving speculation as to whether they signify additional sizes or if Samsung plans to unveil a later ninth variant of the ring, as previously hinted. There’s conjecture that these models may correspond to US ring sizes 5 and above, commencing with the SMQ500, with subsequent numbers potentially indicating larger ring sizes, possibly reaching up to size 13, aligning with model number SM-Q509.

Also Read: Adobe Reveals New AI Tools That Will Wow Photoshop Novices

Recent Korean reports have shed light on how Samsung’s Mobile eXperience division (MX) collaborated with the Home Appliance department to integrate Samsung Food with the Galaxy Ring: Tailored for daily activity tracking, the Galaxy Ring, when paired with Samsung Food and an intelligent Samsung refrigerator featuring AI vision, delivers personalized dietary guidance based on calorie intake and BMI.

Samsung is banking on the user-friendly interface and high durability of the ring to redefine the healthcare wearables landscape. Meanwhile, Apple is also making strides in the development of a smart ring, aimed at monitoring users’ health biometrics discreetly when worn on the finger. According to the Electronic Times report, Apple has been closely monitoring market interest in this more inconspicuous alternative to a traditional watch.

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