Blockchain technology is undoubtedly on a global takeover. Mainstream companies and the government were spectators for many years. However, everyone is now on the same bandwagon. While companies have been incorporating blockchain technology for the elevation of their business and technological advancement, governments have been making sure to serve their citizens with this adoption of this technology.
Dubai Steers Towards Digitalisation
Dubai has been lauded for its incorporation of blockchain technology. The city had previously implemented blockchain tech across several sectors including tourism, educations, finance, commerce, health, real estate, security as well as transportation. The latest news from the city could give the technology a boost. The Deputy Ruler of Dubai, Sheikh Maktoum bin Mohammed revealed that the government would be implementing drastic changes with innovation as a forefront.
In a recent meeting, he said,
“We are working together to explore new opportunities and provide new mechanisms for government service delivery, keeping in mind the current and future needs of customers.”
The Deputy Ruler intends to offer better as well as efficient services to the customers and veering their focus towards technological innovation could steer things up for the residents.
While Dubai’s implementation of WiFi, smart power grids as well as blockchain technology has already put the city on the top, it still intends to keep climbing up that ladder. Earlier this year, the Middle Eastern city revealed that it expects to be a city that is fully powered by blockchain by 2021. While this would make Dubai the first of its kind, the government of Dubai has over 24 blockchain use cases.
Sheikh Maktoum further added,
“The next phase will see a radical transformation in the operating models of government services. There will be an increased focus on innovation aimed at simplifying the customer journey and integrating the delivery of key services as part of reinforcing Dubai’s status as a preferred global lifestyle and investment destination.”
While Dubai’s latest decision could accelerate the adoption of crypto across the world, several countries like Australia have already been working towards the incorporation of blockchain tech.