Dubai Steps Forward Towards Blockchain Vision By Executing 24 Blockchain Use Cases

Dubai Steps Forward Towards Blockchain Vision By Executing 24 Blockchain Use Cases

Blockchain News
February 4, 2020 Editor's Desk
1105
Smart Dubai has declared that it has now executed 24 blockchain use cases over the eight industry sectors of finance, commerce, education, real estate, tourism, health, transportation, and security. It is part of the Emirate’s vision to become the blockchain development capital of the world. It follows the introduction of the Dubai blockchain platform in
Dubai Blockchain

Smart Dubai has declared that it has now executed 24 blockchain use cases over the eight industry sectors of finance, commerce, education, real estate, tourism, health, transportation, and security.

It is part of the Emirate’s vision to become the blockchain development capital of the world. It follows the introduction of the Dubai blockchain platform in 2018 and the Dubai blockchain policy last year.

Earlier this year, Dubai also launched a Smart Supplier web application, which enables suppliers listed in the Government Resource Planning Systems (GRPS) to access data, bids, contracts, and financial transactions from more than 50 Dubai Government entities via a mobile application.

Dubai’s blockchain strategy is based on three main pillars: government efficiency, industry creation, and international leadership.

“We, at the Smart Dubai Department, have worked with our government and private sector partners on developing a series of blockchain use cases across multiple sectors, in line with our mission to embrace advanced technologies and make Dubai the happiest and smartest city in the world,” stated Dr. Aisha Bint Butti Bin Bishr, director-general, Smart Dubai Department.

“We look forward to multiplying our smart city transformation efforts this year, powering forward with more dedication as we mark the year of preparation for the UAE’s 50th anniversary.”

The shared Dubai Blockchain Platform was launched in collaboration with IBM to enable government entities to develop use cases without having to spend in individual infrastructure.

The Dubai blockchain policy is a blockchain execution manual describing all of Smart Dubai’s combined blockchain learnings. It is readily available on the Smart Dubai website as part of the entity’s knowledge-sharing efforts.

“We look forward to multiplying our smart city transformation efforts this year, powering forward with more dedication as we mark the year of preparation for the UAE’s 50th anniversary.”

Dubai reports it is the place to more than 100 blockchain businesses and claims its blockchain market rose by 24% in 2018, exceeding the global average of 19%.

Meanwhile, the Smart Supplier web application was launched as part of Smart Dubai’s aim to accomplish the objectives of the Dubai Paperless Strategy and evolve all applicable internal and external government transactions into paperless operations by December 2021.

The mobile application was made available on Apple and Android phones, allowing all registered suppliers to conduct their transactions using their smartphones at any time and from anywhere. This involved surveying documents linked to bids, observing billing processes, and paying tender fees, among other services.

While users do not need a username or password to inspect the listed public bids, they will require them to access and apply for these bids.

Related posts

Add a comment