CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Cryptopolitan 2025-02-04 17:57:00

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

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.