Dubai’s Ambitious Blockchain Development
Dubai authorities are continuing their ambitious development of blockchain technologies with the introduction of an innovative platform that promises to revolutionize commercial operations both locally and globally.
Enhancing Business Processes Efficiency
«We are proud to announce the launch of our new blockchain platform, which will significantly enhance business processes efficiency in Dubai. This is a crucial step towards our vision of making the city a global hub for trade and logistics,» said Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs, and Free Zone Corporation.
Advantages of the Platform
This platform offers numerous advantages, including streamlining customs clearance, reducing paperwork, and substantial cost savings. The new technologies will also help reduce errors during document completion.
Dubai Customs emphasized that the new blockchain platform ensures reliable data protection for users, strengthening trust among partners.
Atik Almehairi, Executive Director of Dubai Customs’ Development Department, highlighted that the platform allows for real-time tracking of goods, enhancing supply chain transparency and combating fraud.
