UAE records 216% rise in use of digital signatures

UAE records 216% rise in use of digital signatures

RIYADH: The UAE government’s adoption of a proactive approach has resulted in a 216 percent increase in the use of digital signatures in 2023, the state-run news agency reported on Monday.

Giving a picture of the fast-growing digital economy of the Gulf Cooperation Council country, the report said blockchain use is also gain ground with nine banks, six exchange houses and three insurance companies adopting the technology during the same period. UAE records 216% rise in use of digital signatures