A joint report by the Abu Dhabi Blockchain Center and Binance Research confirms the transition of the United Arab Emirates to a blockchain-based economy. This transition is a key step in diversifying the country's economy and enhancing its global competitiveness. The report highlights that the UAE is successfully implementing technological innovations across various sectors, including finance, healthcare, and government services. Experts note that the creation of a legal framework and investments in infrastructure have laid the foundation for this successful shift. However, further development requires addressing challenges related to scalability and cybersecurity.
