NEM Makes Ties to UAE in the Wake of Collaboration Deal

NEM recently sealed a collaboration agreement with The United Arab Emirates Ministry of Community Development. The agreement shall enable NEM to give its blockchain advice services to the ministry. The factions have additionally consented to trade significant data, a plus information exchange to adequately deal with the most recent reports on the rising advances in the blockchain platform.


As indicated by the statement, Deputy Under-Secretary – Policies Division at UAE's MOCD, Her Excellency Sana Mohammed Suhail sealed a MoU with NEM Foundation Council Chamber and Regional Head of NEM Southeast Asia, Stephen Chia.

Amid the GITEX being hosted in Dubai, UAE's MOCD plus NEM purportedly sealed the partnership agreement. Moreover, the marking of the settlement was carried out with the end goal to enhance the techniques and expertise of the UAE regime.

This shall empower their citizens to discover and experience a superior way of life and to give network services in an extremely practical, inventive, and astounding way. Moreover, the deal shall empower the UAE to move towards their long-lasting objectives which is to become a completely advanced state by 2021.

NEM Foundation Council Member and Regional Head of NEM Southeast, Chia expressed that the coordinated endeavor with MOCD was amongst the numerous commitments agreed to by the NEM/UAE group, with the Dubai regime as well as the UAE regime actualizing blockchain innovation in their frameworks. Chia additionally included:

"At NEM we anticipate to bolster the Dubai regime in their visualization to be a completely computerized state by 2021, and their objective of being the globe's initial blockchain propelled metropolis by 2020."

Her Excellency Suhail expressed that MOCD's primary program was to advance communal work that would enable them to accomplish communal co-existence. This might be accomplished via the improvement of incorporated strategies and making arrangements for imaginative community work. She additionally included:

"Joining the previously pointed out with an invigorating workplace that is as per the best worldwide principles is to fulfil every one of the requests and requirements of the network classifications and guarantee their entrance to simple and quick services."

Furthermore, MOCD's endeavor to effectively communicate with their clients shall be guaranteed by the NEM blockchain platform. What's more, the acceptance of blockchain relates to improvement projects started by the MOCD with the ultimate goal being  to fulfill the requirements and desires of their clients.

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