Key Highlights:
- Shiba Inu has teamed up with the Ministry of Energy and Infrastructure (MoEI) of the UAE to implement blockchain technology in various public services.
- This initiative is expected to enhance SHIB’s attractiveness, which has a market cap of $9 billion as reported on Thursday.
Earlier this week, Shiba Inu formed a partnership with the UAE’s Ministry of Energy and Infrastructure (MoEI) to deploy blockchain applications across several public services. Such collaborations are anticipated to elevate the appeal of SHIB, which currently boasts a market capitalization of $9 billion as of Thursday.
MoEI plans to utilize Shiba Inu’s Operating System (ShibOS) on its Shibarium blockchain to seamlessly integrate blockchain solutions into governmental operations, aiming to improve efficiency, enhance transparency, and bolster security.
“Whether it’s reinforcing our net-zero roadmap or modernizing how we manage energy and infrastructure,” Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI stated. “Shiba Inu’s decentralized solutions align perfectly with our mission to remain a global innovator.”
“Que seja reforçando nosso roteiro de emissões líquidas zero ou modernizando a forma como gerenciamos energia e infraestrutura”, afirmou Sharif Al Olama, Secretário Adjunto para Assuntos de Energia e Petróleo do MoEI. “As soluções descentralizadas da Shiba Inu estão perfeitamente alinhadas com nossa missão de continuar sendo um inovador global.”
The MoEI governs the sectors of energy, infrastructure, housing, water resources, and transportation, focusing on major initiatives such as the UAE Energy Strategy 2050 and ongoing blockchain integration efforts.
