UAE employs blockchain tech for remote litigation services

The government of the United Arab Emirates will employ blockchain technology for use in its judicial notarization and authentication services, it announced on Monday, according to the Emirates News Agency.

The adoption of blockchain tech is expected to cut down on the time, effort and expenditure spent by the UAE’s Ministry of Justice in authenticating and verifying contracts and documentation, while building on the government’s plan to transfer half of its transactions onto the blockchain by the end of this year.

The UAE’s deployment of blockchain technology forms part of its plans to create a remote digital framework for all of its internal operations, something it refers to as a “unified digital government platform.”

The UAE’s ongoing digital transformation will reportedly include the creation of a digital ID dubbed the “UAE Pass,” which will enable users to interact with aspects of the legal process from remote locations.

Along with its ambitions to have half of its transactions take place on the blockchain by the end of 2021, the country has also announced plans to transform Dubai into the first city in the world to be powered entirely by blockchain technology. The UAE hopes to attract talent and innovation by being one of the first to create an attractive digital, legal landscape for budding tech companies.

The country also recently established the Global Blockchain Council, made up of 46 global finance and tech companies, to help explore possible blockchain applications in various business sectors of the country.

Voter disengagement is a big issue. This blockchain-backed app wants to change that   June 25, 2021
3 Common Compliance and Regulatory Pitfalls to Watch for in 2020   May 30, 2020
ConsenSys to develop private version of Kakao’s Klaytn blockchain   April 26, 2021
Governments, enterprise, gaming: Who will drive the next crypto bull run?   June 29, 2022
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse   Feb. 14, 2023