Many industry leaders have recorded significant benefits by adopting blockchain technology in their business operations, including greater transparency, enhanced security, improved traceability, increased efficiency and speed of transactions and reduced costs.
The Economic Development Board, in cooperation with the Information & eGovernment Authority (iGA), has developed the National Strategy for Blockchain in the Kingdom, which will set the general directions and support the adoption of blockchain technology within the public and private sectors.
Examples of blockchain application in the public sector in Bahrain include:
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Content Last Updated: 22 Aug, 2023