Jordanian officials have announced plans to implement blockchain technology for government operations in order to improve efficiency and spur economic growth. The move has received approval from the Jordanian Council of Ministers, signaling a significant step towards full-scale blockchain integration. The adoption of blockchain is expected to increase transparency in government processes and enhance the delivery of public services. It is also predicted that the transition to blockchain could save the country up to $5 billion in government spending by preventing fraud, improving supply chain efficiency, and implementing blockchain-based elections. Jordan plans to deepen its talent pool by investing in blockchain education for civil servants, high school students, and university students. In mid-2024, the country launched its first national blockchain network as an initial step towards integrating the technology. While Jordan is gradually embracing blockchain, other Gulf countries like Saudi Arabia and the UAE have taken a more aggressive approach, attracting global blockchain companies to establish a presence in their countries. Meanwhile, the Syrian Center for Economic Research (SCER) has submitted a proposal to the Syrian transitional government calling for the legalization of Bitcoin (BTC) and other digital assets. The SCER aims to revive Syria's economy by promoting blockchain technology and creating a decentralized banking infrastructure. The group also advocates for the digitization of the Syrian pound on distributed ledgers and the development of a central bank digital currency (CBDC) backed by hard assets such as BTC or gold. The SCER suggests that legalizing BTC mining could play a crucial role in revitalizing Syria's economy. The group emphasizes that the proposals are not intended to evade international sanctions but rather to promote legal and political processes to lift the sanctions.
- Content Editor ( coingeek.com )
- 2025-01-15
Jordan eyes blockchain tech for gov’t operations