Bee’ah, Hamriyah Free Zone Authority partner to launch Sharjah’s first Blockchain platform

Bee’ah, Hamriyah Free Zone Authority partner to launch Sharjah’s first Blockchain platform

SHARJAH, 17th February, 2019 (WAM) -- Bee’ah, the Middle East’s sustainability pioneer, has joined forces with the Hamriyah Free Zone Authority (HFZA), to successfully launch the first phase of a state-of-the-art Waste Permit Portal, the first of its kind in Sharjah.

The advanced portal is part of a range of 15 services that Bee’ah will be providing HFZA with, through a partnership that will recognise the company as an environmental solutions service provider for the free zone.

The HFZA Waste Permit Portal is the first platform in Sharjah that utilises 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.

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."

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, he added.

"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", commented Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone.