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Dubai’s journey towards the future continues with the adoption of Blockchain strategy

Vice President, Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum launched the ‘Emirates Blockchain Strategy.’ Within a three-year period, 50% of government systems will adopt the blockchain technology. This will help save 398 million printed documents & 77 million work hours annually.

his highness stated: “Adopting advanced technologies and using them in the service of society and enhancing the efficiency of government performance is a well-established approach in the government of the UAE. We want to transform 50% of government transactions at the federal level to blockchain by 2021”.

Blockchain technology is a new, powerful tool that is already shaping the future of the Internet with simple, safe and secure transactions. The Dubai Blockchain Strategy will help Dubai achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, to create the future of Dubai, and make Dubai the happiest city on earth.

“The adoption of this technology will reflect the future quality of life in the UAE and will enhance the levels of happiness among the people. This technology will save time, effort and resources and will enable individuals to conduct most of their transactions in the space and time that is appropriate to their lifestyle and work” his highness added

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