City
Epaper

Dubai South completes blockchain integration system in partnership with Dubai Customs

By ANI | Updated: September 11, 2023 15:45 IST

Abu Dhabi [UAE], September 11 (ANI/WAM): Dubai South has announced the completion of its blockchain integration system in partnership ...

Open in App

Abu Dhabi [UAE], September 11 (ANI/WAM): Dubai South has announced the completion of its blockchain integration system in partnership with Dubai Customs. This makes it the first free zone in Dubai to achieve this milestone.

The integration was executed as part of Dubai South's commitment to the overarching objectives of the Dubai eCommerce strategy. This strategy aspires to position Dubai as the region's premier logistics hub and attract foreign direct investments into the e-commerce sector.

The integration with the customs declaration system greatly enhances e-commerce operations, significantly reducing time and costs by auto-generating declarations and streamlining the tracking and processing of orders. This leads to a more simplified and efficient system. The automated processes further bolster efficiency, while the new gate pass stamping method for entry and exit enhances information accessibility.

RHS Logistics, a UAE-based local entity with robust commercial and business expertise offering a full range of logistics and supply-chain solutions, and FirstCry, UAE's leading online store for children's products, became the first companies in the Logistics District to onboard and initiate blockchain in their processes. Subsequently, other companies in the Dubai South free zone are in the process of adapting blockchain technology.

Mohsen Ahmad, CEO of the Logistics District - Dubai South, said, "Our objective at the Dubai South Logistics District is to align with governmental initiatives. Our specialised e-commerce zone, EZDubai, was inaugurated to augment the Dubai e-commerce strategy and draw regional and international e-commerce entities. The successful completion of our blockchain integration with Dubai Customs is a testament to our commitment to offering our clientele efficient solutions.

This promotes supply chain transparency, authentication, and anti-counterfeiting of goods, ensures data security and privacy, and paves the way for reduced fees for goods transiting through the free zones. We express our gratitude to Dubai Customs for their pivotal role in realising this project, and we eagerly anticipate onboarding more companies across our free zone."

Dubai South is Dubai's largest single urban master development focusing on an aviation and logistics ecosystem that houses the world's largest airport when fully operational, complemented by a multi-modal transport infrastructure connecting air, land and sea. (ANI/WAM) 

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

FootballPunjab FC ease past Jamshedpur FC to clinch AIFF U-17 Elite Youth League title

Other SportsKIYG 2025: Hosts Bihar pick up historic gold medals as Manipur dominate in Thang-Ta

EntertainmentKapkapiii: Trailer for Shreyas Talpade, Tusshar Kapoor starrer horror-comedy out now

AurangabadRiver Dale students do well in CBSE X

BusinessNIIT Learning Systems Q4 profit falls 10.4 pc to Rs 48.7 crore

International Realted Stories

InternationalRussia expects to address major issues in upcoming talks with Ukraine

InternationalAnita Anand had quick rise in Canada politics

InternationalOne in five Israeli children face obesity as lawmakers sound alarm

InternationalVietnam urges public vigilance amid mild rise in Covid-19 cases

InternationalUSTR Greer arrives in S. Korea to attend APEC trade ministers' meeting