du and DAFZA announce blockchain-powered partnership DUBAI, 10 hours, 3 minutes ago du, from Emirates Integrated Telecommunications Company (EITC), has announced a strategic partnership with Dubai Airport Free Zone Authority (DAFZA) to automate licensing processes for activities that require a no-objection certificate (NOC) from other government agencies in a single platform enabled through blockchain.
The collaborative partnership will see the two parties take full advantage of the UAE's first locally hosted blockchain service, the Blockchain Edge, and contribute to the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to increase the emirate's competitiveness by simplifying procedures and, attractiveness to investors. This also comes in line with the directives of H.H. Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council to reduce government procedures for doing business by 30 per cent to be implemented within the next three months.