DLD’s efforts to implement Blockchain strategy lauded

DUBAI / WAM

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of Dubai Future Foundation, has visited the Dubai Land Department (DLD), exhibition stand at GITEX Technology Week 2017, and praised its efforts to implement the Dubai Blockchain Strategy.
During the visit, His Highness was presented with a detailed explanation from Sultan Butti bin Mejren, Director-General of DLD, about the department’s latest technical achievements and move toward becoming the world’s first government entity to process all of its transactions through the Blockchain
network.
Sultan Butti bin Mejren commented, “We are honoured to have welcomed His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to our stand, and would like to express our sincere gratitude for the praise and guidance His Highness offered us.”
“We have also been very pleased to see the world’s leading digital specialists visiting our stand to learn more about Blockchain technology. By unveiling this technology and adopting it for all transactions, DLD is demonstrating this ambition by achieving another first in the global real estate sector. Blockchain is a new and unique system that is considered one of the most revolutionary developments to have emerged in recent years,” he added.
Sheikh Hamdan bin Mohammed launched the Dubai Blockchain Strategy in October 2016 with the aim of making Dubai the first government in the world to process all of its transactions through the
advanced network by 2020.