DIFC Courts in Dubai have introduced a new notary service that utilizes blockchain technology to enhance the security and transparency of document processing.
New Notary Service in Dubai
DIFC Courts have launched a first-of-its-kind notary service in the UAE, specifically designed for English-language documents. This service allows users to certify documents and witness oaths during legal documentation authentication through automated, virtual, or face-to-face sessions.
Innovations in Legal Services Using Blockchain
This initiative, driven by a Dubai law, utilizes the Hedera network and Ethereum's ERC20 standard to enable more efficient and secure processing of legal documents. All notarization events will be recorded on the Hedera public blockchain, ensuring they are time-stamped and immutable.
Impact of the New System on Dubai's Legal Landscape
This service is part of Dubai's broader strategy to attract businesses and investors by ensuring the credibility and transparency of its legal services. According to Justice Omar Al Mheeri, the new service aligns with the government's vision to build trust among businesses. The integration of blockchain into legal services underscores Dubai's commitment to technological innovation in this sector.
The implementation of blockchain-based notarization at the DIFC Courts marks a revolutionary step in Dubai's legal system, providing enhanced security and efficiency in legal transactions.
