The United Arab Emirates (UAE) government has entered into a historic partnership with Shiba Inu, a prominent cryptocurrency project, to accelerate Web3 adoption and digital transformation. This collaboration, facilitated by the UAE’s Ministry of Energy and Infrastructure (MoEI), represents the first major government-backed initiative involving Shiba Inu.
Under the memorandum of understanding (MoU) signed between both parties, the MoEI will integrate Shiba Inu’s Web3 solutions into key sectors such as energy, infrastructure, and public services. This initiative aligns with the UAE’s broader vision of leveraging emerging technologies for a more connected and sustainable future.
Read also: Shiba Inu burns 1 billion SHIB to mark burn portal upgrade
Shiba Inu integration at a federal level
The partnership with Shiba Inu signals the UAE’s intent to lead the global shift toward blockchain-powered governance and infrastructure. Unlike previous collaborations, such as Cardano’s team-up with Dubai Police, the partnership with Shiba Inu would span all Emirates and embed Web3 technologies into the nation’s digital framework.
Per the announcement, a key component of this integration is ShibOS, Shiba Inu’s operating system, which will facilitate blockchain adoption across various government services. The UAE government plans to utilize Shiba Inu’s advanced Web3 technologies, including artificial intelligence (AI), decentralized finance (DeFi), and real-world asset tokenization, to enhance digital governance.
His Excellency Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI, emphasized the transformative impact of this partnership stating, “We’re delighted to deepen our commitment to cutting-edge digital services. This partnership represents a pivotal moment in our journey toward redefining government services. By embracing emerging technologies, we aim to set a global benchmark for innovation, delivering transformative solutions that benefit both our citizens and the wider community. Together, we are shaping a future built on sustainability, connectivity, and digital excellence.”
Shiba Inu expansion beyond memecoin narrative
Originally launched as a memecoin in 2020, Shiba Inu has since evolved into a comprehensive blockchain ecosystem, incorporating layer-2 blockchain solutions, non-fungible tokens (NFTs), and AI-driven governance models. Notably, the MoEI will leverage Shiba Inu’s Web3 framework, including its Treat protocol, to enable seamless digital advancements for public use.
Highlighting the significance of the collaboration with the UAE government, lead visionary of Shiba Inu Shytoshi Kusama commented: “We’re thrilled the UAE sees Shiba Inu as a cornerstone for next-gen infrastructure. This ‘Partnershib’ will redefine how governments, businesses, and citizens collaborate in a transparent, eco-friendly digital framework. This collaboration unlocks our robust Web3 technologies from AI to Fully Homomorphic Encryption (FHE).”
Despite securing this impressive adoption, Shiba Inu’s native token, SHIB, has failed to rally significantly in the short term. At the time of writing, the second-largest meme token by market cap is down over 20% in the past 7 days. At its current price of $0.00001503, SHIB is down 5% in the past 24 hours.
Read also: Mid-tier investors drive Shiba Inu accumulation amidst SHIB price fluctuations
UAE setting new global standard for Web3 adoption
The UAE has already established itself as a leader in crypto and blockchain adoption, AI-driven policymaking, and digital governance. In October 2024, UAE’s Central Bank approved the launch of AE Coin, the country’s first dirham-backed stablecoin. Also, in the same month, UAE’s Federal Tax Authority (FTA) published amended tax regulations, introducing a value-added tax (VAT) exemption to cryptocurrency and other virtual assets transactions.
Following the integration of Shiba Inu’s blockchain technologies at a federal level, the Arab country is setting a new global benchmark for how governments can leverage Web3 to drive national development.
Therefore, this partnership positions the UAE as a model for other nations looking to harness the power of blockchain, moving beyond crypto investments and strategic reserves to real-world applications in governance, data management, elections, infrastructure, and citizen services amongst others.
Read also: Malaysia: National crypto policy underway after talks with UAE and Binance Co-founder, CZ
Ndianabasi Tom A Petroleum Engineering degree holder, Ndianabasi’s interest since 2018 has been studying the ever-growing field of blockchain and cryptocurrency, keenly evaluating the innovation, exploration, and expansion of this field locally and globally. The founder of Nitadel a media platform, Ndianabasi has been a Writer at Crypto Asset Buyer (CAB) since 2021. When he is not drilling resources in the blockchain and cryptocurrency field, Ndianabasi is singing, reading, watching crime movies, or playing football.
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