Quick Intake
Hello All, In this post, let’s see how UAE is making is committed to implementing the revolutionary technology Blockchain into its economy.
It has started creating awareness on the technology with seminars and Lectures along with the collaboration of Siemens.
Of late we have seen UAE’s move towards Blockchain w.r.t Land management, Trade finance via blockchain, Savings of Paper Documentation, etc which shows its commitment towards being a benchmark for the rest of the countries.
Happy Reading…
The government of Dubai has boosted its efforts to increase awareness about blockchain technology among the public.
This is a move towards achieving its Dubai Blockchain Strategy goal of transforming the country into a global blockchain leader.
Being a government-backed initiative, Dubai Blockchain Strategy aims at turning the gulf country into the world’s first blockchain-powered governance country by the end of this year.
According to a BTCManager report last year, the UAE officials had introduced a distributed database of medical professionals to meet the objectives of the Dubai Blockchain Strategy.
Dubai Electricity and Water Authority (DEWA), in association with Siemens, completed a series of lectures and seminars recently in Dubai and highlighted the importance of distributed ledger technology (DLT).
These lectures focused on introducing blockchain technology in easy language. Additionally, they reviewed Siemens’ recently launched blockchain energy platforms.
Saeed Mohammed Al Tayer, MD & CEO, DEWA, said: DEWA supports the Emirates Blockchain Strategy 2021, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance the efficiency of government performance by transforming 50% of federal government transactions to blockchain by 2021.
DEWA has a strategy for digital transactions and was one of the first government organizations to adopt blockchain technology in a number of services and initiatives, including Green Charger registration for electric vehicles. -(Click the link to know more about Green charge)
