Dubai‘s leaders are committed to researching and developing blockchain technology. For instance, the Crown Prince of Dubai wants all government documents held in a blockchain by 2020. Now the largest bank in Dubai, Emirates, has partnered with India’s ICICI on a remittance pilot based on distributed ledger protocols.
Also read: Dubai Establishes Gov’t Backed ‘Blockchain Council’
Crown Prince of Dubai Focused On Blockchain
Dubai is well known for technological progress and its mission for futuristic prosperity. Dubai’s Museum of the Future is a 3D printed meeting area where authorities have been discussing the attributes of blockchain technology. According to officials and the Dubai Future Foundation, Sheikh Mohammed bin Rashid Al Maktoum would like to see all government documentation processed through blockchain protocol by 2020.
This comes after the Crown Prince’s big push towards getting an edge