Dubai Customs has introduced a new blockchain platform to enhance transparency in commercial operations within and across its borders, Gulf News reported July 8.
The initiative seeks to bolster collaboration between government entities and the logistics industry, aligning with the Emirate’s broader blockchain strategy for digital transactions and web3 adoption.
Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs, and Free Zone Corporation, announced the launch as part of Dubai’s ambitious blockchain strategy. Bin Sulayem expressed pride in the launch, noting it marks a significant advancement in enhancing the efficiency of business operations in Dubai.
The platform is expected to contribute substantially to improving the business environment and solidifying Dubai’s status as a global trade and logistics hub. The adoption of modern technologies like blockchain is seen as a key factor in supporting Dubai’s digital strategy and efforts to simplify business operations.
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