More

    UAE Capital Looks To Place Land Registry on SmartHub Blockchain Solution

    The United Arab Emirates' capital is looking to put its land records on a blockchain platform. It is according to a press release that featured on The Block on Monday. The government agency that is responsible for the development strategy of Abu Dhabi, Department of Urban Planning and Municipalities, has joined hands with an Indian firm to oversee that initiative.

    The IT tech company from India Mahindra looks to ensure the plan goes on as expected. The government agency wants to offer the Abu Dhabi people a blockchain solution known as SmartHub. The platform will assist in tracing land registry records and also reduce the time taken to process real estate transactions.

    Blockchain Platform

    The platform aims at storing all the land-related documents that are issued by municipalities and keep records via nodes that are extended to distinct entities.

    The CIO of Abu Dhabi municipality was recorded saying that the implementation of services like SmartHub digital services will enhance customer satisfaction, accessibility of services, and even improve the quality of life of the Abu Dhabi citizens. He also added that this was the beginning of the many services that the agency is planning to achieve this year.

    Blockchain Development Competition to be hosted by the Ministry of Community Development

    The ministry of community development is intending to host a competition that aims at building blockchain-based platforms. The “Social Blockathon” competition looks to promote the development of blockchain platforms for recreational, social, and educational purposes. The event is said to have a prize fund of $16,300.

    The MOCD submissions for the contest are still open until next year, February 20. The competition has opened doors even for graphic designers, computer programmers, and UX designers. All these are going to compete in the championship to create awareness initiatives and also assist in creating blockchain-based software.

    MOCD is responsible for developing and implementing the legislation and social policies by UAE. It is also tasked with managing social welfare organizations.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Daniel W
    Daniel W
    Daniel Wambugu writes daily cryptocurrency and blockchain related articles BitcoinExchangeGuide. His articles have appeared in numerous blogs, media publications, and community forums. He prides himself on once being a beginner and uses his experience to deliver high-quality insightful content for our dear readers. With a knack for reviewing ICOs or researching news, Daniel plans to continue being a top contributor for many years to come.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,290FansLike
    2,762FollowersFollow
    4,138FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    TRON (TRX) Price Analysis (February 23)

    • The trend of the coin looks bullish in its medium-term while the short-term outlook is in a range-bound. • Patience is required at this...

    Block.One’s Beta Launch Of EOS Based Social Network Voice Raises Privacy Alarms

    Block.one’s Facebook asking for tons of personal data to jo Voice beta More concerning than privacy alarms is the use of data to...

    Criminal Assets Bureau Confiscates Over 6,000 Bitcoin But Unable to Sell Them

    The Criminal Assets Bureau (Cab) has confiscated 12 online accounts, wallets containing 6,000 bitcoin of a drug dealer who had €55 million (over $59.6...

    Top Medical Firms Set to Develop a Blockchain Solution to Prevent Counterfeit Drug Supply

    Top medical firms partner to develop a blockchain based solution to combat counterfeit drugs in the market. The MediLedger blockchain aims to verify...

    EOS Suffers “Major Outage” on Coinbase as Network Performance Issues Arise

    This month alone Coinbase suffered issues with EOS thrice, the exchange is still investigating the problem. Meanwhile, No blockchain is cartel resistant, but EOS’s the...

    New Jersey Introduces Bill For Crypto Firms To Obtain Licenses From State Authorities

    A New Jersey lawmaker introduces a bill to regulate the cryptocurrency and digital assets industry. The bill states each virtual asset company must obtain...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.