Daily Review: Public & Private Sectors Are Warming up to Blockchain Technology

The application of blockchain technology in private and private sectors has seen significant publicity and certain developments by a few governing authorities and by a relatively small number of tech startups.

The UAE, the Republic of Georgia, and Estonia are among the rare cases. The Estonian KSI Blockchain technology protects Estonian e-services such as the e-Health Record, e-Prescription database, e-Law and e-Court systems, e-Police data, e-Banking, e-Business Register, and e-Land Registry. By using blockchain technologies, National Agency of Public Registry in the Republic of Georgia (NAPR) can provide its citizens with a digital certificate of their assets, supported with cryptographical proof published to the blockchain. Even the European Land Registry Association has been paying attention to the opportunities blockchain technology opens to the sector.

Aside from the news on the Department of Economic Development (DED) in Dubai and the Dubai Silicon Oasis Authority (DSOA) unveiling the new joint blockchain project Dubai Blockchain Business Registry Project,