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Blockchain adoption in the Gulf states

The subject of extensive international interest and attention over the past few years, blockchain technology is regarded as a key component of the fourth industrial revolution that has helped change the structure of the global economy while increasing opportunities for development, innovation, and an improved quality of life. Accordingly, this research paper seeks to shed light on use of blockchain technology in the Gulf states by analyzing current trends of blockchain adoption in the region compared to those internationally. In so doing, the study will determine Gulf institutions’ capacity for keeping pace with the changes and developments blockchain adoption has introduced. It will also touch on the expansion of operational procedures and service provision in various economic and government sectors around the globe.

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