NEM Foundation to provide blockchain consultancy in the United Arab Emirates

29 Oct, 2018
by Joeri Cant
News
NEM Foundation to provide blockchain consultancy in the United Arab Emirates

The NEM Foundation announced on twitter that it has signed a memorandum of understanding with the United Arab Emirates’ Ministry of Community Development (MOCD) to provide blockchain consultancy and services.

The MoU will allow the NEM Foundation to share valuable information on its blockchain research and development on various applications that could be integrated into UAE’s information technology systems, and was signed by 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.

According to the futureblockchainsummit, the goal of the UAE federal government is to become a fully digital government by 2021, and achieve a high standard of living for the citizens of the UAE.

Her Excellency, Sana Mohamed Suhail said that 'the Ministry seeks for promoting social work to achieve community coexistence through the development of integrated policies and the provision of integrated and innovative social works with a stimulating working environment in accordance with the best international standards to satisfy all the demands and needs of the community categories and ensure their access to easy and fast services that save time and effort'

Stephen Chia, NEM Southeast Regional Head and NEM Foundation Council Member, stated that collaboration with MOCD is just one of the many engagements by the NEM UAE team with the UAE and Dubai government administration.

'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', he said.

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