Sharjah’s First Blockchain-Based Waste Management Platform Launched February 18, 2019 February 18, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsFebruary 18, 2019 by Kelly Cromley

Sharjah’s First Blockchain-Based Waste Management Platform Launched

For the first time in Sharjah, Bee’ah, a leader in sustainable projects, has partnered with Hamriyah Free Zone Authority (HFZA) to successfully unveil the initial stage of a Waste Permit Portal based on cutting-edge technology.

The state-of-the-art portal is one of the 15 services which Bee’ah intends to offer in partnership with HFZA. Through these services Bee’ah wish to be recognized as a reputed environmental solutions service provider for the free zone.

The Waste Permit Portal of HFZA employs blockchain technology to verify, crunch and preserve transactions. The blockchain network holds the digital ledger thereby ensuring safety of transactions, while eliminating embezzlement or human mistakes. The tailor-made portal will save time and money for clients applying for permits, while operating within the free zone.

Additionally, the time taken for permits to be issued has been brought down to a few hours instead of several days.

The HFZA Waste Permit Portal is the first platform in Sharjah that utilizes blockchain technology to validate, process and store transactions. As the digital ledger is built on a blockchain network, all transactions are completely secured, essentially eliminating any human error or fraud. The customised portal will not only save customers operating within the free zone time and money when applying for permits, but also reduce the downtime it takes for permits to be issued from several days to only a few hours.

Regarding the launch of Waste Permit Portal, Khaled Al Huraimel, Group CEO of Bee’ah, said, “In support of the digital revolution in the UAE, we are proud to launch Sharjah’s first blockchain platform. Bee’ah’s journey in engineering these powerful tools for our customers and collaborators, like the HFZA, is paving the way for better solutions, whose rewards are even more pronounced in serving businesses and society. Using proven state-of-the-art technology will not only facilitate seamless operations, but also increase trust between customers and operators, and reduce valuable time and resources.”

Khaled Al Huraimel further said “As part of a long term-strategic initiative we have in place, we hope to provide the HFZA with accessible, integrated and environmentally conscious solutions. The model we have developed can easily be integrated into other economic zones, across the UAE; supporting business growth, digital innovation, and better customer experiences.”

Elaborating the need for such a system Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone, said
“In our line of business, accuracy and quick turnaround are instrumental factors that underline our success. However, delays in processing applications, testing and issuing permits can be some of the major factors jeopardising our credentials. At Hamriyah Free Zone, we have always been committed to ensuring that our business policies are well-aligned and offer quick set-up models to ensure customer satisfaction. Digitising processes like permit applications is a new step toward innovation, and with the use of blockchain technology, we are confident that the processes will witness enhanced security, efficiency and productivity.”

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.