While not all governments are pro the adopt blockchain technology yet , the Bahraini administration is enthusiastic about this discovery. Recently, the government approved a blockchain-powered project looking to develop a database of the nation’s driver licenses.
The project, which is ran by the General Directorate of Traffic (GDT), intends to leverage blockchain technology to subsidize the costs of attaining the license. Moreover, this platform will set precedent for subsequent issuance of driving licenses. According to press release containing this announcement, this is one of the government’s flagship projects that will make up a world-class service delivery system. Nevertheless, there is no further information regarding other government agencies in Bahrain that are set to adopt distributed ledger technology.
Speaking on the matter, the general director of GDT reiterated the importance of this project to the transport sector in Bahrain. He noted that it will significantly reduce the expenses of maintaining vehicle information, improve the efficiency of processes and above all bring transparency to a sector that is vulnerable to underhand dealings.
A Blockchain-Driven Government
GDT plans to hire a technical partner who will oversee the project’s basic design, development and execution. The project was inaugurated at the Gateway Gulf Forum, a convention that is backed by the Bahraini royal prince.
In attendance were several CEOS and prominent investors from the mining, real estate, tourism, and finance industries. This signifies the intentions of the Bahraini government to integrate blockchain technology into other sectors of the economy in the near future. In this regard, the statement also outlined the government’s vision to improve service delivery by incorporating blockchain technology.
The driver license project is not the country’s first blockchain-based project. Last year, the Arab Banking Corporation joined the R3 distributed ledger consortium, which has over 200 corporate members. The reason behind this was to offer a seamless banking experience to customers. Additionally, the Bahraini administration also held talks with Monetary Authority of Singapore regarding the development of nationwide blockchain project. Specifically, the government was seeking a technical overview of the technology.
Khalid Al Rumaihi, the chair of the Bahrain Economic Development Board, acknowledged the numerous economic effects of adopting distributed ledger technology. Khalid also stated that blockchain technology will play a significant role in the country’s journey to become an economy that is not entirely dependent on natural resources, particularly petroleum drilling.