The UAE government’s adoption of a proactive approach has resulted in a 216 percent increase in the use of digital signatures in 2023. Blockchain use is also gain ground with nine banks, six exchange houses and three insurance companies adopting the technology during the same period.
UAE minister of state for artificial intelligence, digital economy, and remote work applications, affirmed that the government is developing and implementing initiatives and projects that lay the foundations of a pioneering digital economy. This economy combines national skills and technological solutions, forming an advanced model that contributes to achieving the targets of the national strategy for the digital economy, by multiplying the contribution of the digital economy to non-oil gross domestic product over the next decade.
