TECHNOLOGY

Dubai to launch ‘world’s first blockchain court’

In partnership with Smart Dubai, the Dubai International Financial Center (DIFC) courts, will launch the first court of the Blockchain. (AP)

The Dubai International Financial Center (DIFC) courts will reportedly launch the world's first blockchain court.

The aim of this project is to find out how blockchain is beneficial in verifying court judgements that are implied in courts other than DIFC, according to local media reports.

Blockchain is an electronic transaction process. It gives people the ability to follow up with their information and verify everything themselves without the involvement of a third party.

“By harnessing blockchain technology, Dubai will be positioned at the forefront of legal-tech and judicial innovation, setting the standards for countries and judiciaries to follow,” said Amna Al Owais, chief executive and registrar of DIFC Courts.

 

SHOW MORE
Last Update: Sunday, 12 August 2018 KSA 14:24 - GMT 11:24
Top
BREAKING NEWS

Send to a friend

Close
Dubai to launch ‘world’s first blockchain court’
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed