Dubai launches business record with Qin Block Technology

MEDIA IN, Dubai, May 1, 2018 (WAM)
The Dubai Department of Economic Development (DED) and the Dubai Silicon Oasis Authority (DSO) have announced the launch of the Qin Block Business Registry, the digital store for commercial licenses, which stores and updates the commercial license registration information issued by Dubai Economic and Dubai Silicon Oasis Authority. In collaboration with Dubai Smart and IBM International, as part of the two parties’ keenness to promote business in the emirate and facilitate the attraction of foreign direct investment.
The project aims to create an efficient and smooth experience that will simplify the process of setting up and running a business, and the digital exchange of business licenses and related documents for all businesses. The project will be implemented at Dubai Silicon Oasis (DSO), the integrated technology park of the Dubai Silicon Oasis Authority, which will be the first free zone in Dubai to start implementing the project.
Sami Al Qamzi, Director General, Dubai Department of Economic Development, said: “The Qin Block Business History Project is a vision of Dubai-based entrepreneurship and investment through digital entry into the business future in Dubai. The announcement of the project is a testament to successful innovation, Where the future of investing and doing business in Dubai will become smarter and smoother.
Dr. Mohammed Al Zarouni, Vice President and Chief Executive Officer of Dubai Silicon Oasis Authority, said that the adoption of the future Block Qin initiatives aims at enhancing the levels of individuals and companies by saving time, effort and resources and enabling them to clear most of their transactions as easily as possible. And reduce operational costs. ”
Dr. Aisha Bin Bishr, General Manager of Dubai Smart Office, said: “Dubai’s digital strategy” Block Qin “applies to all transactions of the Government of Dubai through Block Qin. The launch of the” In the world all its transactions are implemented through Block Qin by 2020.