UAE’s Capital Abu Dhabi to Place Land Registry on Blockchain-based Platform

Blockchain compressor

United Arab Emirates’ (UAE) capital city of Abu Dhabi is preparing to place its land registry on a blockchain-based platform, according to a press release. The Department of Urban Planning and Municipalities, a government-run agency tasked with managing Abu Dhabi’s development strategy, has teamed up with Indian IT company Tech Mahindra for the project. The agency is planning to provide a distributed ledger technology (DLT)-powered platform called SmartHub to Abu Dhabi’s citizens, in order to keep track of land records. The new solution is expected to reduce transaction processing time. The DLT-enabled solution will keep all property-related documents issued by municipalities on its distributed network. The platform will help manage records through nodes operated by various entities, the announcement revealed. Ahmad Abdolsamad AlHammadi, CIO of Abu Dhabi Municipality, stated: “The implementation of next gen technologies like Blockchain and SmartHub digital services will help serve a wider segment of citizens [by]…

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