CriptoNews

🔹Economic Department of Dubai launches payment block system for government payments

The financial controller of the largest city of the UAE, in conjunction with Smart Dubai Office, specializing in the creation and implementation of advanced technologies in the Dubai management system, has developed a blocking service for payments between various government agencies. The government block service Payment Reconciliation and Settlement was created specifically for better coordination of financial flows between various state structures of the UAE - the police, the Road and Transport Department of the country, the Health Department. Over the course of a day, five million test transactions were conducted on the network and are still extremely pleased with the new service.