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Digital Dubai Issues World’s First Secured Digital Certificates
The technology uses Soulbound Token technology to prevent duplication.
Digital Dubai recently issued the world’s first secured digital certificates. The technology is built using Soulbound Token technology, an advanced next-generation non-fungible token.
Soulbound Tokens use blockchain technology to represent a person’s identity and can be used for medical records, employment history, or any type of information concerning a person or entity. The certificates are permanently linked to a user’s personal account in their digital wallet, and ownership cannot be transferred to another party, sold, or disposed of.
“The accelerated pace of technological advancements has made the future closer than ever before, and here in Dubai, we are proud to have an agile government that wastes no time in embracing developments and putting them into practice to drive digital transformation and shape the future today,” says Digital Dubai’s director general Hamad Al Mansoori.
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The first secured digital certificate was issued by Dubai Cyber Innovation Park, an affiliate of the Dubai Electronic Security Centre at Digital Dubai. Tokens were granted to the first group of graduates from the Chief Information Security Officer Executive program, in which 17 government and semi-government entities participated.
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Lebanon Ministers Meet Visa Over National Digital Payment Platform
Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.
Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.
The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.
The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.
Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.
Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.
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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.
“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.
Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.
