Dubai South Becomes UAE’s First Free Zone To Integrate Blockchain System – Gulf Insider
Dubai South has announced the completion of its blockchain integration system in partnership with Dubai Customs.
This makes it the first free zone in Dubai to achieve this milestone.
The integration was executed as part of Dubai South’s commitment to the overarching objectives of the Dubai eCommerce strategy.
This strategy aspires to position Dubai as the region’s premier logistics hub and attract foreign direct investments into the e-commerce sector.
The integration with the customs declaration system greatly enhances e-commerce operations, significantly reducing time and costs by auto-generating declarations and streamlining the tracking and processing of orders.
This leads to a more simplified and efficient system. The automated processes further bolster efficiency, while the new gate pass stamping method for entry and exit enhances information accessibility.
RHS Logistics, a UAE-based local entity with robust commercial and business expertise offering a full range of logistics and supply chain solutions, and FirstCry, UAE’s leading online store for children’s products, became the first companies in the Logistics District to onboard and initiate blockchain in their processes.
Subsequently, other companies in the Dubai South free zone are in the process of adapting blockchain technology.
Dubai South is the city’s largest single urban master development focusing on an aviation and logistics ecosystem that houses the world’s largest airport when fully operational, complemented by a multi-modal transport infrastructure connecting air, land and sea.
