The UAE has been proactive in integrating blockchain into the existing governance ecosystem, and the private sector benefits from the spillover effect.
It is no secret that the United Arab Emirates, along with Switzerland, Singapore and several other countries, is one of the most forward-looking tech nations in the world, with the Middle Eastern powerhouse promoting the use of blockchain in almost every sector imaginable, from energy to shipping to media.
To help the country with its adoption efforts, the UAE government has launched two extensive, well-crafted initiatives — i.e., the Emirates Blockchain Strategy 2021 and Dubai Blockchain Strategy.