UAE Pioneers Digital Finance with First Government Transaction using Digital Dirham

The United Arab Emirates has taken a historic leap forward in national finance by successfully completing its first government transaction utilizing the Digital Dirham. This groundbreaking move marks a significant step towards achieving full digital transformation within the nation’s financial systems. 2-minute processing time on the mBridge payment platform further underscores the efficiency and transparency achieved through this innovative system, which was orchestrated by the Ministry of Finance and Dubai Finance. 🇦🇪