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Dubai government has 24 use cases of blockchain technology in the past three years

Posted on October 31, 2022 by admin

Dubai government has 24 use cases of blockchain technology in the past three years

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Answer Dubai government has 24 use cases of blockchain technology in the past three years

The Dubai government has 24 instances of blockchain usage in the past three years and aims to achieve its goal of digitizing many areas by 2021.

Digital transformation is not a new concept for Dubai.

The city’s smart transformation journey began in 1999 with the establishment of e-Government.

Digital transformation strategies have been led by governments and the public sector, similar to other parts of the world where the private sector is advancing, and at the same time the public sector sets the vision and stimulates innovation and this helps bring the private sectors together.

Wesam Lootah, CEO of the Dubai Government Smart Corporation, which is the technology arm of the Smart Dubai Office and the government entity responsible for the digital smart transformation of the entire city of Dubai, told.

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and what stated Awarded by the Lootah Medal:

Currently, we have use cases in finance, education, real estate, tourism, commerce, health, transportation, and security.

Blockchain plays an important role in eliminating the use of paper and moving from manual transactions to fully digital transactions.

The public and private sectors take advantage of this technology to create transactions without problems.

By 2021, the Dubai government will achieve its paperless strategy.

We are in the early days and will continue to benefit from emerging technologies.

Our focus is not on technologies, but on the impact that these technologies can have.

Dr. Aisha Bint Butti Bin Bishr, Director General of the Smart Dubai Foundation, said that Dubai’s ambition goes beyond just bringing advanced technologies and automation tasks.

She said:

The emirate is looking to establish itself as a smart city in the future and build a strong, integrated and intertwined ecosystem where advanced technologies are used to serve people and ensure their well-being.

The main objective of Dubai’s smart transformation is to implement the Dubai Paperless Strategy by 2021.

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The strategy aims to digitize 100% of all government services and provide these services to residents and visitors of Dubai through a mobile platform.

Setting standards:

In the next three or four years, Jyoti Lalchandani, Vice President and Regional Managing Director of International Data Research for the Middle East, Turkey and Africa, said:

The blockchain will be integrated and a great deal of opportunity will open up.

Blockchain technology will mature when you have high volume and low value transactions.

Currently, many blockchain investments occur in low-value and high-value transactions.

Dr. Bin Bishr said:

Smart Dubai launched blockchain as a service to allow government agencies to implement use cases without investing in individual platforms.

While Lootah stated:

A global blockchain exhibition will be launched during Expo 2020

Currently, blockchain technology does not have a global standard or protocol, but Dubai is expected to announce its blockchain policy in November last year, which includes governance and a framework that helps achieve the standard and is developed in cooperation with all public and private entities working in blockchain applications using The best standards, according to what was stated by “Aisha Bint Butti Bin Bishr,” who added by saying:

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We focus on application challenges.

At this time, there is no standard for blockchain technology and no operating procedures around the world, and it is unfortunate that there are many pitfalls.

If we do not coordinate properly, there will be duplication of work, and in some cases, the network may not be able to communicate with each other.

Read also:

Dubai unveils “Crypto Valley” as the world’s largest system of blockchain and crypto technologies

Dubai Electricity and Water Authority partners with Siemens to organize a series of lectures on blockchain


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