Dubai to transfer all government documents on blockchain by 2020

Blockchain | October 6, 2016 By:

The government of Dubai has announced plans to use blockchain technolgy for all government documents by 2020.

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince, launched the Dubai Blockchain strategy to achieve a high degree of efficiency in government departments.

“The emirate is building on that achievement by constantly working to foresee the future and keep up with the fourth industrial revolution and all the prospects of increased efficiency that come along with it,” said Al Maktoum.

The strategy is based on three themes — efficiency, creating new specialised sectors and achieving global leadership. The strategy will improve efficiency by shifting 100 per cent of government transactions to blockchain network by 2020 and encourage paperless transactions, cutting almost 100 million paper transactions annually.

Dubai Future Foundation and Smart Dubai said they believe the international network could make it easier for travelers to cross borders with certain pre-approved forms of identification and pre-authenticated digital wallets and payments.