In line with the vision of H.H Sheikh Mohammed Bin Rashid ALMaktoum, Vice President and Prime Minister and Ruler of Dubai, and the interests of H.H.Sheikh Hamadan Bin Mohammed Bin Rashid ALMaktoum, Dubai Crown Prince and the President of Executive Council, to shaping Dubai’s role in the future of global technology through active companies with different organizations across the world, and relying on future technologies such as AI, robots and Block chain system, to change the human life to a better one, Brig. Jamal Bin Aadid ALMuheiri, acting Director of Dubai Civil Defense Department has signed a Memorandum of Understanding (MOU) with Emirates Integrated Communications Company ( EITC) Known as DU , represented by Mr. Farid Faredwani, Executive Director Innovation and New Business at the company, to put Block Chain system into operational, MOU was signed at the sideline of GITEX 2020 Exhibition, held in DWTC, which was opened in Dec. 6 and will conclude on December 10.
MOU was signed at the presence of H.E. Brig. Rashid Khalifa AlFalasi, assist. Director General for Smart Services.
Signed MOU dictates automation of commercial transactions, exchange of Data and full payment settlement, and integration with unified network for registering business registration at all Dubai free zones, through Block Chain Edge, which DU uses to provide seamless digital solutions providing companies, individuals and government entities with an opportunity to participate in supporting Block Chain Strategy 2021 in UAE, and Dubai paperless strategy.
Brig.Jamal hailed the efforts exerted that led to signing the MOU, resulted in “Block Chain” platform provided by DU, enabling us to come closer of achieving the wise leadership vision regarding Smart Government for making Dubai becomes more digitalized and happiest city, this project will improve the image of Dubai as pioneering smart economy worldwide, in such a way that match full digital transformation strategy.
For his part, Mr. Faredwani emphasized that MOU stresses our readiness to support Government entities to achieve sustainable success, by utilizing Bloch Chain system technology, DCD spares no efforts to serve the nation and providing better life for all.