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Cryptopolitan 2025-02-04 17:57:00

UAE Government and Shiba Inu to energize WEB3 in UAE

UAE Government and Shiba Inu to energize WEB3 in UAE

The UAE Ministry of Energy (MOEI) has struck a partnership with Shiba Inu to develop Web3 solutions in energy, infrastructure, and more. As per the press release , the partnership will mark a new era in Web3, leveraging Shiba Inu’s broad range of Web3 technologies to support public service efficiency, green infrastructure, and citizen-focused governance models. The UAE Ministry of Energy will leverage Shiba Inu’s Operational System (ShibOS) to unify development across all MOEI operations. Engineer Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI, noted that the partnership is pivotal in redefining government services and that the UAE aims to set a global benchmark for innovation. He stated, ” By embracing emerging technologies, we aim to deliver transformative solutions that benefit both our citizens and the wider community.” Additionally, Engineer Sharif stated that the UAE is building a future that is sustainable, connective, and digitally excellent. Shytoshi Kusama, Lead Visionary for the Shiba Inu team, added, “We’re thrilled the Ministry sees Shiba Inu as a cornerstone for next-generation infrastructure. He believes the partnership showcases the power of Shiba Inu in delivering groundbreaking solutions and that together, both the UAE government and Shiba Inu will redefine how businesses and citizens collaborate in a transparent, eco-friendly digital framework. UAE Blockchain Strategy growing since 2018 The news is not surprising for the UAE, as the UAE government launched the Blockchain Strategy 2021 in 2018 to capitalize on Blockchain technology and transform 50% of government transactions. The UAE government had expected that this strategy would save more than $3 billion in transactions and document processing, $108 million in printed documents annually, and 77 million work hours. In January 2025, MarkNtel Advisors noted that the blockchain industry in the UAE is experiencing remarkable growth, with an annual rate of 42%. Over the past week, blockchain initiatives have seen renewed momentum, with significant developments such as the UAE KYC Blockchain platform, led by the Dubai Department of Economy and Tourism (DET) and powered by Norbloc Blockchain, welcoming its first insurance member, Etihad Credit Insurance (ECI). Meanwhile, the Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) have joined forces to promote the use of modern technologies, including artificial intelligence (AI) and blockchain, within the real estate and property technology (Proptech) sectors. Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now

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