Categories: News

Abu Dhabi Considers Blockchain to Make the Government More Efficient

The emirate believes using the technology to improve social services, finance system and business will make Abu Dhabi more transparent and establish its business-oriented and technological image.

Copenhagen, Denmark, December 27, 2018 –(PR.com)– On December 10, 2018, the Abu Dhabi government hosted a blockchain workshop dedicated to the blockchain technology opportunities and challenges, organized by Berkeley Research Group and OpenLedger experts.

The initiative is anchored with the strategic plans of Abu Dhabi development shared by more than 20 representatives from different governmental agencies. The emirate sees potential in implementing blockchain technology and benefiting the growth of leading industries and improving people�s lives in the United Arab Emirates.

According to Michael Jelen, a Director at BRG, the use of blockchain technology in digitizing Abu Dhabi’s social and finance services is still being considered:

“Blockchain is an interesting option that can have a game-changing effect on the development of Abu Dhabi, enhancing its leadership on the international arena and impacting people’s lives. The government has not made a clear commitment yet and is still exploring all options.”

The authorities of the Abu Dhabi government reviewed the presentation drafted by OpenLedger, one of the leaders in custom blockchain solutions development. One of the main provisions of the proposal included a roadmap that entails the use of blockchain technology for digital identity, funds distribution and freight transportation.

About Berkeley Research Group

Berkeley Research Group, LLC is a leading global strategic advisory and expert consulting firm that provides independent advice, data analytics, valuation, authoritative studies, expert testimony, investigations, transaction advisory, restructuring services, regulatory and dispute consulting to Fortune 500 corporations, financial institutions, major law firms and regulatory bodies around the world.

BRG experts and consultants combine intellectual rigor with practical, real-world experience and an in-depth understanding of industries and markets. Their expertise spans economics and finance, data analytics and statistics, and public policy in many of the major sectors of our economy, including healthcare, banking, information technology, energy, construction and real estate. BRG is headquartered in Emeryville, California, with offices across the United States and in Asia, Australia, Canada, Latin America, the Middle East and the United Kingdom.

About OpenLedger

OpenLedger ApS is a Danish company dedicated to bringing the power of blockchain technology to the wider business world. The company has over 60 expert software development and architecture specialists, marketers, business analysts, legal and support personnel in our headquarters in Copenhagen, Denmark, and our technical center in Minsk, Belarus.

OpenLedger ApS delivers custom blockchain solutions to business partners, including healthcare, financial and retail applications. Our team of experienced blockchain developers helps commercial and governmental organizations to access the benefits of distributed ledger technology in their operations.

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