Dubai integrates blockchain technology into online payment

Published: Updated:
Read Mode
100% Font Size
1 min read

Dubai has integrated blockchain technology into its online payment portal named DubaiPay, local media reported on Sunday.

Blockchain allows people or systems to share data in a tamper-proof way.

The Smart Dubai Government made the announcement, saying the move was to increase government efficiency by transferring all transactions to the blockchain network, according to the Dubai-based Gulf News.

“Dubai aims to become the world’s first blockchain-powered government by 2020,” the report added.

Top Content Trending