The Dubai Land Department (DLD) is partnering with the Emirates Telecommunication Group Company (Etisalat) on real estate blockchain technology.
The two parties signed a memorandum of understanding (MoU) to implement smart government standards and introduce paperless management and digital contracts for property transactions.
The Dubai Land Department (DLD) is partnering with UAE-based Mashreq Bank to launch a new blockchain-based mortgage system as the department works to modernize its processes.
Local news outlet The National reported that the new mortgage system is part of the Dubai 10x initiative,
The Dubai Land Department (DLD) has created a new blockchain database system allowing tenants to rent a property without handing over checks or physical documentation.
The initiative, developed in cooperation with the Smart Dubai initiative under the slogan “Simple,
