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The UAE's 3-pronged approach to blockchain adoption

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The UAE’s 3-pronged approach to blockchain adoption

BSV Blockchain logo over digital chain for UAE’s 3-pronged approach to blockchain adoption

Saeed Mohammed Ali Alhebsi is positioned as advisor in AI & Senior Project Manager at the UAE Ministry of Human Resources & Emiratisation

In a presentation at the Blockchain for Saudi Vision 2030 summit, Saeed spoke about the initiatives in of this ministry overall and the UAE’s view on blockchain implementation in the government and for administrative applications

You can watch the panel discussion on our YouTube channel or read the transcript below. To stay abreast of similar summits and presentations in your geographic location, bookmark our events page.

A three-pronged approach to adopting blockchain technology

By Saeed Mohammed Ali Alhebsi

In 2018, the government announced their blockchain strategy, followed up with the creation of a blockchain council. The blockchain strategy has three pillars; efficiency of the government, to create industry around blockchain and international leadership in blockchain.

  • The efficiency government: In 2021, the UAE government announced 50 percent of their transactions are built on blockchain technologies.
  • The creation of industry: It’s been said that by the next decade, blockchain technology will contribute $1.8 Trillion to the world economy. That makes it a huge opportunity for the UAE government to invest in.
  • International leadership: Last year, Dubai announced that it’s fully powered by blockchain technologies. Dubai has its own blockchain centre with many achievements in this area, including hosting some of the biggest blockchain conferences, like the World Blockchain Summit.

Blockchain applications by UAE Ministry of Human Resources and Emiratisation

If we come back to our Ministry, we need to follow the UAE’s strategy and put it in action. Our approach is to start with creating awareness, followed by education, then putting in place qualified people to present blockchain solutions at the Ministry.

 For a start, we signed an agreement with the Assocation for the BSV Blockchain to create awareness and educational programmes.

In the next state, we are looking for solutions to improve the areas our ministry is responsible for: labour, annuities and companies.

There are more than 700,000 companies in the UAE and there are more than seven million labourers in the UAE who are unemployed. These are big numbers, and they’re the responsibility of the Minister of H.R.

One of the blockchain applications we’re looking at is to use smart contracts in our finance department for invoices.

How UAE private and public sectors can benefit from blockchain-based data systems

There is a new programme in the UAE’s Ministry Human Resources and the Emiratisation to talent development in the region, called Nafis.

Nafis is an official programme for Emirati talent that exists as a collaboration between multiple private and public stakeholders. The programme aims to support the emiratisation of the private sector in order to grow the economy.

Saeed explains how building this platform on blockchain could help them overcome pain points and grasp opportunities:

‘The Nafis platform is building a talent database which poses the challenge of needing constant updating as new information becomes available about job seekers or job opportunities, or existing records have to be updated. By building it on a blockchain that cannot be changed and ensures the accuracy of data, we can build policies to make decisions on our data.’

The way Saeed sees it, blockchain also holds immense value for Emirati companies. ‘There are more than seven hundred 700,000 companies in the UAE and most of them use normal cloud-based data systems. If they used blockchain technology, they would have much greater control over their data and be ensured that its level of integrity allows them to build valuable applications on it.’

Blockchain for government

If you are interested in exploring blockchain solutions for your government project, we invite you to learn about BSV’s Blockchain for Government Initiative. The initiative provides education and drives global adoption of blockchain technology by government bodies, NGOs and public sector agencies in order to accelerate digital transformation and ignite economic growth.

Liz Louw

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