IBM and Smart Dubai unveil government-backed blockchain platform
IBM and Smart Dubai have announced the first government-endorsed blockchain platform-as-a-service in the United Arab Emirates (UAE).
The Dubai Blockchain Platform will be delivered via the IBM Cloud, and provide businesses in the UAE the chance to implement and expand their blockchain development projects as well as encourage new ones.
Doctor Aisha Bint Butti Bin Bishr, director general of the Smart Dubai Office, said in a statement: “Smart Dubai has been moving rapidly towards our main objective of transforming the emirate into a full-fledged smart city that tops global competitiveness and happiness indexes.
“Dubai has been a pioneer in blockchain technology since its inception, while other major cities around the world were reluctant to embrace it for city-wide implementation. The Dubai Blockchain Strategy set a clear path for the emirate to have the world’s first fully digitized government by 2021.”
Government processes and citizen services are top priority, with projects related to roads and transport, energy, healthcare and education already in place in Dubai as part of its blockchain strategy also in partnership with IBM.
Wesam Lootah, CEO of the Smart Dubai Government Establishment, added: “As Dubai persists on its path to becoming a world leader in the industries of the future, Blockchain technology will occupy an increasingly significant status in Governments’ and organizations’ day-to-day undertakings, as well as in individuals’ everyday lives.”
The Dubai Pay Blockchain Settlement and Reconciliation System, launched in September, will be among the first projects to migrate over to the Dubai Blockchain Platform.