The UAE Ministry, in a continuing attempt to go Digital, adopts blockchain technology for its legal notary services.
The digital transformation of notary services will enable customers to complete transactions using their digital ID (UAE PASS), whether they are inside or outside the UAE.
Implementing these modern systems will provide fast, easy and safe digital services, by employing blockchain technology in its authentication services and maintaining data privacy. It is expected to cut down on the time, effort and costs of the UAE’s Ministry of Justice when authenticating documentation.
The government intends to have half of its transactions take place on the blockchain by the end of 2021. The UAE also recently established the Global Blockchain Council, made up of 46 global finance and tech companies, to help explore possible blockchain applications in various business sectors of the country.