Dubai Economy has signed a partnership agreement with Dubai Pulse (the joint initiative between Dubai Smart and Emirates Integrated Telecommunications Company) to launch the Unified Commercial Register via the Blockchain services platform, pointing out that everyone, both individuals and organizations, will be able to see a more comprehensive and transparent view of Business in Dubai.

Dubai Economy said in a statement that it seeks to achieve the integration of data available to various parties interested in participating, using the latest artificial intelligence systems in the provision of government services, which enhances the commercial status and the position of the Emirate of Dubai as one of the smartest cities in the world.

The blockchain platform provides advanced solutions to help licensors from managing their business licenses and corporate registries. Dubai Silicon Oasis, DEWA, ​​Dubai International Financial Center and Dubai Commodities Center are covered by Dubai Silicon Oasis. The network is expected to host 40 other government entities in the coming period.

The agreement, which took place at the Dubai Smart Platform on the sidelines of GITEX Technology Week, was signed by Abdulla Hassan, Executive Director, Corporate Support at Dubai Economy, and Farid Faraidooni, Executive Vice President, Business Solutions, Emirates Integrated Telecommunications.

“The launch of the unified business record through Dubai Pulse marks a new phase of transition to a more advanced level of digital transformation,” Hassan said. “We are delighted to collaborate with Dubai Pulse specifically through Blockchain, an exceptional solution to achieve Our goals are to provide a better organizational model and a unified business record based on the latest smart solutions. ”

He pointed out that «Dubai Economy is looking forward to cooperate with its partners to obtain the best smart solutions, which will help simplify and facilitate the transfer of government data and to explore the future of business».

Wissam Lootah, CEO of Dubai Smart Government, said: `` The success of the Dubai Pulse platform confirms its leading position as a key pillar for all government entities looking to leverage their transformational capabilities, and many government entities benefit from the innovative value of the platform. ''

“By signing with Dubai Economy within Dubai Pulse, we are taking another step towards realizing Dubai's vision of a happier, smarter and digitally empowered city,” he added.