Sharjah City Will Soon Launch A Blockchain-Enabled Waste Permit Portal
The Sharjah city in the United Arab Emirates (UAE) will soon be employing a blockchain-enabled waste permit portal, as reported by the country’s official news agency, Emirates News Agency (WAM) on Feb. 17.
According to publishing, the blockchain-based waste permit portal will be developed by the joint effort of environmental, recycling and waste management company Bee’ah and the Hamriyah Free Zone Authority (HFZA), the city of Sharjah’s free trade zone. The platform will be the first in the city to use blockchain technology to validate, process and store transactions.
The report further states that the platform will cut costs that the customers bear while applying for permits within HFZA and also reduce the permit-issuing time from several days to only a few hours. The statement claims:
“All transactions are completely secured, essentially eliminating any human error or fraud.”
The CEO of Bee’ah, Khaled Al Huraimel stated that he expects the technology “will not only facilitate seamless operations but also increase trust between customers and operators.”
UAE has been on a roll when it comes to incorporating blockchain technology, in December last year, the UAE’s central bank collaborated with the Saudi Arabian Monetary Authority to employ a private blockchain for an official interbank cryptocurrency. Six commercial banks from the countries have reportedly joined in the venture just this month.
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