The Middle Eastern nation is also investigating the possibility of implementing digital education in online environments.
The statement was made at the ongoing week-long fintech summit that is taking place in the UAE.

Blockchain technology is being adopted by the independent courts that handle civil and commercial disputes in Abu Dhabi Global Market (ADGM), which is the financial hub of the United Arab Emirates (UAE). The implementation of the technology in what is being called "the global enforcement of business judgements" will be a first-of-its-kind phase in the process.

The statement was made during Abu Dhabi Finance Week (ADFW), which is an economic gathering in the Middle Eastern nation that focuses on fintech and innovation.

According to Linda Fitz-Alan, Registrar and Chief Executive of ADGM Courts, "our vision has always been to transform the delivery of judicial services through technology massively." The new platform is anticipated to enable users to save both time and money when dealing with commercial legal matters. It is part of an effort to satisfy the demands of the worldwide corporations that are joining ADGM, according to the CEO, who stated that.

She noted that the relevant parties would no longer have to wait for certified copies of their cases in order to access business decisions, which Fitz-Alan described as being a significant leap in the "evolution of international trade and commerce."

Blockchain technology is investigated by ADGM in the context of the digital learning area.
In other developments, ADGM is investigating the use of blockchain technology to help promote digital learning in a variety of settings. During the event, which lasted for a week and came to a close on November 18, the economic zone signed a partnership agreement with the Centre for Finance to open the School of Digital Assets. The teaching curriculum on the metaverse, non-fungible tokens, and cryptocurrency is offered at all three levels of ADGM's Digital school.

As a significant financial hub, Abu Dhabi Global Market (ADGM) was established in 2015 with its headquarters located in Abu Dhabi, the capital city of the United Arab Emirates. In view of an increasing usage of blockchain technology and cryptocurrencies in the region, the hub reportedly wants to attract worldwide partners in the financial technology, private equity, and venture capital industries. This is stated on the website for the hub.

According to the data found on the chain, the country in the Gulf is one of the places that is adopting blockchain technology at one of the quickest rates. According to a survey published by Chainalysis at the beginning of this month, the Middle East and North Africa region witnessed cryptocurrency transactions totaling more than $566 billion.