Dubai ministry of economic development has announced about the launch of the unified blockchain platform for business (UBRP), which is aimed to ease greatly business running in the UAE – investment resource has found out.
This platform will ease obtaining various licenses and paperwork for companies start-up. Right now several institutions are connected to UBRP, and in the future more than 40 ministries and state organizations will join the platform.
Local edition Saudi Gazette informs that UBRP is launched on BaaS-platform under the name Dubai Pulse, which is developed thanks to efforts of Smart Dubai and telecommunication company du.
UBRP is a part of broader blockchain development strategy in the UAE – Emirates Blockchain Strategy 2021. Within this strategy in 2021 already more than half of state transactions and operations must be transferred to the blockchain.