Media ININ Economy We Trust
Media IN Dubai: 10th-06-2019
Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with Emirates Telecommunication Group Company PJSC (Etisalat) regarding Ejari system and the Real Estate Blockchain technology. The MoU comes in line with the parties’ keenness to implement smart government standards (paperless management, reduction of customer visits, and digital contracts), the blockchain strategy, and facilitate customer procedures, where DLD will provide telecom services through Ejari application via connectivity with Etisalat.
Under the MoU, DLD will determine the quality of services related to the Ejari application and Real Estate Blockchain technology, and will provide all the necessary capabilities, providing Etisalat with a non-exclusive right to include its services when registering Ejari contracts, including Internet services and land-line and mobile phone lines. DLD will provide the necessary technical training and consultancy related to Ejari application to Etisalat as well as the necessary support that enables them to achieve electronic connectivity between the parties’ systems related to this application.
The Director General of DLD, said: “We registered an important global technical milestone after adopting the blockchain system as part of our keenness to be aligned with the Dubai Blockchain Strategy. In order for us to develop a smart and secure database that brings together all real estate contracts, including registering Ejari contracts and linking them with all entities and institutions, we are keen to sign agreements with elite partners who have sufficient expertise to reach an orderly system capable of achieving our corporate goals, supporting the vision of our wise leadership to make Dubai the smartest city in the world.”
Etisalat is committed to making the necessary preparations as a first step in its systems to provide service offers to customers who wish to apply through Ejari system according to DLD’s requirements. Etisalat will also educate all concerned staff from both parties, enabling them to deal with the requirements through Ejari system.
Pursuant to the terms of the MoU, Etisalat expressed its commitment to communicate with DLD’s support team and inform them of any defect, suggestions, or observations to improve and develop Ejari system or offers proposed by them. In the second phase, Etisalat will be making the necessary preparations to link itself with the Ejari database on real estate blockchain in order to provide integrated services with DLD.
