The launch of the blockchain platform reaffirms Dubai's position as an innovator and leader in adopting cutting-edge technologies for trade and logistics.
The blockchain platform is a core part of Dubai's broader strategy to solidify its status as a leading smart city.
By streamlining customs clearance and commercial transactions, the platform is set to significantly reduce time and effort across supply chain operations.
The initiative will minimize the extensive paperwork usually associated with data sharing in supply chains.
The blockchain technology ensures tamper-proof data sharing, fostering greater transparency and security in commercial activities.
Dubai's commitment showcases confidence in the technology's ability to mitigate global supply chain risks.