UAE Launches Blockchain Land Registry
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Answer UAE Launches Blockchain Land Registry
announced The Department of Urban Planning and Municipalities (DPM), one of the government parties in the UAE, has partnered with the technology company “Tech Mahindra”, one of the leading companies in digital transformation, to launch solutions for the land registry using blockchain technology.
The new solution will increase transparency in the tracking of land records and ensure ease of data archiving.
The new digital transformation of the land registry and the adoption of blockchain technology will reduce the processing time of transactions for land records
It provides an added value to citizens and various bodies (real estate developers and banks).
Mr. Ahmed Abdul Samad Al Hammadi – Director of Information Technology at Abu Dhabi Municipality stated the following:
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“The government and private sectors in Abu Dhabi are working together to achieve the government-led digital transformation agenda.
We believe in embracing modern technologies and providing better experiences for the citizens and residents of Abu Dhabi.
He added in his statement:
“Implementing next-generation technologies such as blockchain and SmartHub for digital services will help serve a wider segment of citizens, enhancing customer happiness, quality of life, and ease of access to our services.
This is the start of many other services we plan to roll out during the year. “
For your information, all documents related to property issued by municipalities will be stored in a blockchain and can be traced through blockchain interfaces extending to different entities.
The SmartHub application that uses the blockchain will provide benefits in services such as buying a property or reselling, checking the lease, etc.
Ram Ramachandran, Managing Director and Head of Middle East and Africa Division, Tech Mahindra, said:
“We are pleased to be a strategic digital technology partner for the Department of Planning and Municipalities (DPM) on the journey towards government enhancement of the citizen experience.
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This shows the UAE’s relentless move to adopt blockchain technology and integrate it into different sectors.
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