Abu Dhabi Chooses Blockchain to Speed Up Judicial Processes
Many parts of the world, meanwhile, are learning blockchain technology to harness its potential across industries. In a recent development, lawmakers in Abu Dhabi have decided to use blockchain technology to streamline commercial judicial processes. Blockchain-powered digitization is expected to allow courts and parties involved to reach commercial judgments faster, which will simplify and simplify the judicial processes of international trade and commerce.
“The blockchain solution will lead to substantial time and cost savings for parties in the execution of their commercial judgments. Secure, consistent judgments will be immediately available to parties and enforcing courts, via the ADGM website, API or directly on the blockchain of member courts,” the official statement regarding the said development.
The technology is adopted by the ADGM Courts, which are independent authorities responsible for adjudicating civil and commercial disputes in Abu Dhabi.
ADGM, or Abu Dhabi Global Market was established as a business center on Al Maryah Island between 2013-2015 and plans to become the hub of crypto activities in Abu Dhabi.
“This successive introduction of blockchain technology to commercial courts reinforces the reputation of ADGM and ADGM Courts as leaders in the digitization of justice,” said Linda Fitz-Alan, Registrar and CEO of ADGM Courts, commenting on the development.
Blockchain tech seems to be catching the attention of law enforcement agencies around the world.
Earlier in October, the police department in the Indian state of Firozabad launched a new complaints platform built on the Polygon blockchain so that locals can file complaints with law enforcement in a consistent way.
“Complaints can be lodged at any place and they will go to the relevant channels where there are complaints. Once the complaint is registered, the system generates a unique token number and automatically generates an acknowledgment via SMS and email. There is ease of registration of complaints and prompt resolution after renovation,” Firozabad police said at the time.
Even in Brazil, law enforcement authorities have unveiled a special blockchain network that aims to fight corruption at public expense by tracking it effectively.