The Kingdom of Bahrain is going to use the capabilities of Blockchain technology to save the costs of maintaining vehicle registration in the country.
Bahrain’s General Directorate of Traffic (GDT) announced a new plan and now the institution is looking for a technical partner in order to focus on the development and implementation of the system.
Shaikh Abdulrahman bin Abdulwahab Al Khalifa, director general of the GDT, said in a statement:
“This registry will be a vital advancement in reducing the overall cost of maintaining critical vehicle information, offer greater efficiency in terms of supply chain management, and ensure a high level of transparency for all stakeholders in the vehicle registration ecosystem.”
The system is part of a project to build on recent advances in technology to further improve service delivery and facilitate private-sector-led opportunities, mentioned in the same statement.
The Middle East country has already looking to pursue potential blockchain initiatives. For example, United Arab Emirates is aims to power all government services with blockchain by 2020.