Dubai Economic Development Department launches blockchain-based business registration platform

According to foreign media today, the Dubai Economic Development Department (DDED) will turn to the blockchain-based unified business registration platform UBRP to standardize its business, with the aim of improving the convenience of doing business in Dubai and enabling licensors to manage commercial licenses. Certificate and company registration office. The Silicon Valley Oasis Authority of Dubai, the Dubai Power and Water Authority and the Dubai Multi-Commodity Center have joined the platform. BPaS plans to host 40 government entities on the platform.