UAE regulator adopts blockchain to speed up business judgments
ADGM Courts aims to "massively transform the delivery of court services", said CEO Linda Fitz-Alan during the introduction of the blockchain technology for commercial courts.< /p>
New
A judicial authority established by Federal Decree in the United Arab Emirates (UAE) has adopted blockchain technology to save time and reduce costs in enforcing business decisions.
ADGM Courts, an authority that supports financial regulator Abu Dhabi Global Markets (ADGM), has implemented blockchain technology to help parties save significant time in the court process. Business judgments involve evaluating various financial risks and dealing with business issues in business.
Digitalisation through blockchain technology will allow courts and parties immediate access to commercial judgments, an initiative to facilitate court proceedings for international trade.
In explaining this new development, Linda Fitz-Alan, Registrar and CEO of ADGM Courts, pointed out that the organization's primary goal is to transform court services using technology. "Our focus has now turned to law enforcement to meet the pressing needs of the international business community and to drive lasting change for the justice sector," Fitz-Alan explained. The CEO of ADGM Courts also noted that the introduction of blockchain for commercial courts reinforces the reputation of the organization as a leader in the digitalization of justice.
ADGM Courts is an independent authority responsible for adjudicating civil and commercial disputes. The organization supports ADGM, the financial regulator operating in the capital Abu Dhabi.
Related: UAE's Web3 ecosystem is home to nearly 1,500 active organizations: report
Meanwhile, a new blockchain and crypto association that
ADGM Courts aims to "massively transform the delivery of court services", said CEO Linda Fitz-Alan during the introduction of the blockchain technology for commercial courts.< /p>
New
A judicial authority established by Federal Decree in the United Arab Emirates (UAE) has adopted blockchain technology to save time and reduce costs in enforcing business decisions.
ADGM Courts, an authority that supports financial regulator Abu Dhabi Global Markets (ADGM), has implemented blockchain technology to help parties save significant time in the court process. Business judgments involve evaluating various financial risks and dealing with business issues in business.
Digitalisation through blockchain technology will allow courts and parties immediate access to commercial judgments, an initiative to facilitate court proceedings for international trade.
In explaining this new development, Linda Fitz-Alan, Registrar and CEO of ADGM Courts, pointed out that the organization's primary goal is to transform court services using technology. "Our focus has now turned to law enforcement to meet the pressing needs of the international business community and to drive lasting change for the justice sector," Fitz-Alan explained. The CEO of ADGM Courts also noted that the introduction of blockchain for commercial courts reinforces the reputation of the organization as a leader in the digitalization of justice.
ADGM Courts is an independent authority responsible for adjudicating civil and commercial disputes. The organization supports ADGM, the financial regulator operating in the capital Abu Dhabi.
Related: UAE's Web3 ecosystem is home to nearly 1,500 active organizations: report
Meanwhile, a new blockchain and crypto association that
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