The UAE Ministry of Energy and Infrastructure (MoEI) partners with Shiba Inu to integrate blockchain technologies into key areas of public policy.
Shiba Inu Blockchain in Public Sector
As part of this collaboration, MoEI plans to leverage ShibOS operating on its layer-2 blockchain Shibarium. This will enable the integration of blockchain-based programs into government operations.
Impact on UAE's Key Sectors
The goal is to streamline processes, enhance transparency, and improve security across critical sectors such as energy, infrastructure, transport, and water resources. This strategy aligns with the UAE's mission to modernize and achieve its ambitious goals, including the UAE Energy Strategy 2050.
Latest News on Shiba Inu
Analysts have discovered a large wallet purchasing 131 billion Shiba Inu (SHIB) tokens, valued at approximately $2.16 million. Before this, the wallet held 149.997 Ethereum (ETH). Interestingly, the wallet now holds no other cryptocurrency besides SHIB.
The collaboration between Shiba Inu and MoEI highlights the growing potential of blockchain technology in public services, opening new opportunities for its application in other industries.