By Staff Reporter
Dubai Customs Unveils Blockchain Platform to Revolutionize Trade Efficiency and Transparency
Dubai Customs has unveiled its groundbreaking blockchain platform, aiming to boost efficiency and transparency in commercial operations within Dubai and across international borders.
This innovative digital network is a key milestone in Dubai’s digital transformation, enhancing collaboration between government entities and the logistics industry. The platform aligns with Dubai Customs’ commitment to innovation and consolidates the emirate’s position as a leading global trade hub.
His Excellency Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs, and Free Zone Corporation, emphasized that the platform’s launch is part of Dubai’s blockchain strategy for digital transactions, initiated by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai. The initiative seeks to leverage the latest technological innovations to provide secure, efficient services, reinforcing Dubai’s status as a global leader in technology and smart economy initiatives. The platform is also set to enhance Dubai’s entrepreneurial and global competitiveness.
“We are proud to launch this new blockchain platform, representing a significant leap in enhancing business operations in Dubai,”
said Bin Sulayem.
“This innovation embodies our vision to make Dubai a global hub for trade and logistics. By adopting modern technologies like blockchain, we aim to improve the business environment and strengthen Dubai’s position as a major center for global trade.”
Dr. Abdullah Busnad, Director General of Dubai Customs, highlighted that the blockchain platform is crucial for facilitating trade and solidifying Dubai’s role as a global logistics hub. The platform will streamline customs clearance and commercial transactions, reduce paperwork, and provide secure, tamper-proof data sharing, thereby building more transparent and reliable business relationships.
Atiq Almehairi, Executive Director of Customs Development Division at Dubai Customs, noted the platform’s importance in improving service efficiency through automated processes and real-time tracking of goods, which enhances supply chain visibility and combats fraud and counterfeiting.
This initiative, reflecting the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, represents a vital step towards a sustainable and innovative future for trade and government services, ensuring Dubai’s continued global leadership.
News Source: Dubai Media Office
