Dubai Customs launches blockchain platform for data exchange

The emirate's Customs has unveiled a platform that is expected to increase the transparency and efficiency of commercial transactions both within and outside the region.

We are proud to launch this new blockchain platform, which represents a quantum leap in improving the efficiency of business operations in Dubai. This innovation reflects our vision of making Dubai a global hub for trade and logistics," said Sultan Ahmed bin Sulayem, Chairman of Ports, Customs and Free Zone Corporation.

The blockchain platform has many advantages. For example, it can simplify customs clearance processes, reduce paperwork and save money. In addition, modern technology will reduce the likelihood of errors when filling out documents.

According to Dubai Customs, the blockchain platform is protected from unauthorized access to user data, which will help build trust among partners.

Atiq Almehairi, Executive Director of Development at Dubai Customs, also noted that the platform enables real-time tracking of goods, providing greater visibility into the supply chain and helping to combat fraud.