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Abu Dhabi wants to put the land register on the Blockchain

The spread of the Blockchain technology will continue. In addition to private companies, state institutions are increasingly discovering the benefits behind the

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Abu Dhabi wants to put the land register on the Blockchain

The spread of the Blockchain technology will continue. In addition to private companies, state institutions are increasingly discovering the benefits behind the technology. The latest case comes from Abu Dhabi. The city on the Gulf would like to digitize your own basic book.

By Anton Livshits
8. October 2019BTC$8.156,03 3.38%part Facebook Twitter LinkedIn xing mail

Abu Dhabi, the capital of the United Arab Emirates, has announced to put its own reason to book on a Blockchain. The Golf metropolis cooperates for this purpose with the Indian IT group Tech Mahindra. The project is designed to simplify a variety of property-related Services, and accelerate.

As is clear from the accompanying press release shows, is responsible for the oversight of the project to the Department of Urban Planning and Municipalities (DPM), Abu Dhabi authority for city development. In a Statement, identified the location of Ahmad Abdolsamad AlHammadi, the CIO of Abu Dhabi, the property project as part of a broader strategy for the digital Transformation of its city:

The introduction of Next-Gen technologies such as Blockchain and SmartHub digital services will help to serve a broader Segment of the citizens and to improve customer satisfaction, quality of life and accessibility of our services.

plot data related to the return on the Blockchain

The project draws on the of Tech Mahindra has developed SmartHub technology. Abu Dhabi will save all the data relating to land and ownership on a Blockchain. The technology also simplifies data exchange with other authorities. The city wants to manage its own land register entries such better. It promises that the data will be so transparent, your archiving will be easier. Finally, SmartHub speeds up legal procedures in the execution of real estate transactions. The authors of the press release assume that the planned platform will bring to both private citizens as well as advantages for the company.

Abu Dhabi's CIO announced that for the coming year, additional digital services are planned. He went to this point, however, is closer to the last Detail.

the Oil should act on the Blockchain [display] Bitcoin, Ethereum, Ripple, IOTA, and the most well-known crypto-currencies on eToro. Why eToro? Free Demo account Mobile Trading App; payments by PayPal; a wide selection of various financial products (crypto-currencies, stocks, commodities, ETFs, foreign exchange, indices); Social Trading with a big international Community.

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The planned reason for the book project, however, is not the only case, in which the Gulf state relies on the Blockchain. So, the national Oil company of Abu Dhabi has discovered the benefits of the Blockchain to Track supply chains for themselves. She is working on a platform to automate the Tracking of oil Supplies and the Oil trade. In particular, the communication between suppliers should be simplified significantly.

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