Dubai Land Department (DLD) and Etisalat Telecom Company Partner to Bring Blockchain to Life
Middle Eastern news outlet Gulf Today has confirmed that Dubai Land Department (DLD) and Emirates Telecommunication Group Company (Etisalat) have signed a memorandum of understanding (MoU) for the Ejari system and the Real Estate Blockchain technology.
Both the companies are eager to achieve smart government standards (paperless management, reduction of customer visits, and digital contracts), the blockchain strategy, and expedite customer procedures. This common goal was the core philosophy behind the MoU. DLD will provide telecom services through Ejari application via connectivity with Etisalat.
The necessary technical training and consultancy related to Ejari application to Etisalat will be provided along with the necessary support. This support enables them to achieve electronic connectivity between the systems of parties related to this application.
More About The Companies
Etisalat is a multinational Emirati based telecommunications services provider, currently operating in 15 countries across Asia, the Middle East, and Africa. It offers cable television services, infrastructure services, consultancy services, submarine cable, and technology solutions. It is also the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world.
Dubai Land Department (DLD) was set up in January in the year 1960. Opening up the most prominent real estate sector in the Middle East and the world is a purpose behind DLD. Customers are provided with outstanding and integrated services through DLD.
What Do People Have To Say?
Commenting on the agreement, Sultan Butti bin Mejren, Director-General of DLD, said:
“We registered an important global technical milestone after adopting the blockchain system as part of our keenness to be aligned with the Dubai Blockchain Strategy. In order for us to develop a smart and secure database that brings together all real estate contracts, including registering Ejari contracts and linking them with all entities and institutions, we are keen to sign agreements with elite partners.”
In turn, Abdullah Salem Al Mana, General Manager, Dubai Region, Etisalat, stated:
“Today’s partnership with DLD is in line with our strategy and vision ‘Driving the Digital Future to Empower Societies’ to deliver advanced solutions via Ejari system and application to enable ease of transactions and improve business efficiency for all their customers.”