NEM Foundation to provide blockchain consultancy and services to UAE’s Ministry of Community Development
The United Arab Emirates’ (UAE) Ministry of Community Development (MOCD) has recently signed a cooperation pact with the NEM Foundation that will see NEM providing blockchain consultation services and support to the MOCD. It will also see both parties exchange information, knowledge and the latest updates on the emerging technology of blockchain.
The memorandum of understanding (MoU) was signed between Her Excellency Sana Mohamed Suhail, the Undersecretary of the UAE’s MOCD and Stephen Chia, Regional Head of NEM Southeast Asia and NEM Foundation Council Member.
It was done during NEM and the UAE’s MOCD’s participation in the Gulf Information Technology Exhibition (GITEX)Technology Week 2018, that was recently held in Dubai from 14 to 18 October 2018.
This signing comes as part of the strategies of the UAE federal government to achieve a high standard of living for their citizens and the provision of community services in an innovative, sustainable and high-quality manner. It is also part of the UAE’s plan to be a fully digital government by 2021.
“Our collaboration with MOCD is just one of the many engagements by our NEM UAE team with the UAE and Dubai government administration to implement blockchain in their systems. We, at NEM look forward to support the Dubai government in their vision to be a fully digital government by 2021, and their goal of being world’s first blockchain powered city by 2020.”
Stephen Chia , NEM Southeast Regional Head and NEM Foundation Council Member
According to Her Excellency, Sana Mohamed Suhail, the MOCD seeks the promotion of social work to achieve community coexistence through the development of integrated policies and the provision of integrated and innovative social works. This combined with a stimulating working environment that is in accordance with the best international standards is to satisfy all the demands and needs of the community categories and ensure their access to easy and fast services.
A blockchain platform will assure the MOCD’s effort for active communication with its customers and comes within the series of development and progress that is adopted by the ministry to satisfy the needs and expectations of its customers.
ABOUT THE NEM BLOCKCHAIN PLATFORM
NEM is an out-of-the-box enterprise-grade blockchain platform launched in March 2015. NEM has industry leading blockchain features which include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.
ABOUT THE NEM.io FOUNDATION LTD
NEM.io Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.