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Government NFT News

The Transport Authority in Ajman, UAE, announced the launch of its first NFT collection during the UAE Innovation Month, where all government bodies in the country showcase their major innovations in the field of providing services to the citizens.



The NFT collection, which includes 50 digital collectibles, was launched in the presence of Director General of the Transport Authority in Ajman, Omar Muhammad Lootah, and a number of the authority&#8217;s officials.



In this regard, Director of the Institutional Support Department Abdul Rahman Al-Nuaimi said the 50 NFTs were granted to those who participated in the authority&#8217;s activities during Innovation Month to promote innovative thinking in the domain of government services, adding releasing such a collection is a new achievement added to the UAE emirate in the field of technology.



Government bodies in Ajman got a record in the Web 3.0 world by launching NFT collections or services in the metaverse.



Earlier in January, the Ajman Police announced the launch of its first set of non-fungible tokens within a framework of the UAE’s institutions’ keenness to tap into the metaverse and its related technologies.



The Ajman Police’s NFT collection consists of 200 digital collectibles, which are dedicated to employees, consumers, and partners.



Moreover, Ajman’s Department of Finance announced the launch of a unified government payment platform on the metaverse. Through the Ajman Payment Platform (AjmanPay), the first government payment platform on the Metaverse, all fees for the local government agencies&#8217; services in Ajman will be collected in the virtual world.



The move comes within a framework of the ADF’s strategy to shift to digital transformation in Ajman through providing new payment methods, which are appropriate for the customers and giving distinguished user experience in line with the highest levels of ease, comfort, and safety.

Ajman’s Transport Authority Releases 1st NFT Collection

The Dubai Police announced the launching of their smart Ghiath patrol vehicles as non-fungible tokens (NFTs).



The announcement was made during the Gitex Global tech show, being held at Dubai World Trade Center.



These luxurious smart patrols feature a facial and license plate recognition system, eight exterior surveillance cameras, and a 360-degree camera.



Dubai Police launched 150 NFT collectibles as a first set, which are all now owned. Their owners expressed their pride in possessing such NFTs that symbolize values of innovation, security, and communication.



The second NFT collection has been announced during Gitex, which lasts till October 14.



In this regard, Director of the General Department of Artificial Intelligence at Dubai Police Khalid Nasser Al Razooqi said the announcement comes within a framework of the Dubai government&#8217;s plan to invest more in digital assets and attract those interested in this new digital trend.



According to him, the Dubai Police is the UAE&#8217;s first government body to create its own digital assets and the first police organization in the world to do so.



Razooqi said Dubai Police had launched earlier this year its first collection of NFTs (150 NFTs), a matter which reflects values of security, innovation, and communication.



The primary goal for launching these sets of NFTs is to communicate with Dubai Police and give an opportunity to those who are interested in the NFT world to take part in workshops and sessions in the field of digital assets, he added.



About 22.91 million people from different countries applied for purchasing Dubai Police’s first collection of NFTs which was released during the second quarter of this year. The top five countries were the UAE, Saudi Arabia, the United States, Nigeria, and India.



NFT is a form of digital asset that showcases real-world artifacts such as music, arts, precious gems such as diamonds, in-game stuff, and many more. They are often encrypted with similar software as any other cryptos and are purchased and sold online with cryptocurrency.



No NFT is the same, and it’s not similar to any other with respect to value or property. Every NFT is allotted a digital hash differentiating it from other NFTs. This distinct trait enables an NFT to be used as proof of provenance.

Government NFT News

Latest Government NFT News