The Dubai Land Department (DLD) has signed an agreement with Crypto.com to explore blockchain technology and virtual real estate investments. The partnership aims to create a secure digital environment for virtual asset transactions and enable the use of digital currencies in real estate.
The initiative supports Dubai’s broader strategy to accelerate digital transformation and innovation in public services, including plans to accept digital currency payments for government fees. It also aligns with the Dubai Real Estate Strategy 2033, which targets AED 1tr in transactions by promoting smart, sustainable investment.
Gulf Economist Staff Writer