Dubai Police to Integrate Blockchain and AI to Combat Crime -Breaking
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Dubai Police will integrate AI and Blockchain to combat crime- Dubai Government announces Virtual Asset Law
- Brig. argues that AI is essential to combat external and internal threats to security. Dr. Saleh.
- Dubai Police is using Blockchain Technology to combat criminal activity.
At the World Police Summit, Dubai police announced that they will be using blockchain technology to control crime, specifically cryptocurrency-related crime. Many countries have used cryptocurrency to conceal their money laundering over the years.
Due to rising use of digital asset, Dubai’s government has announced that a virtual-asset law will be implemented on March 9. Also, His Highness Sheikh Mohammed stated the following during that same day:
Today we have approved the Dubai Virtual Assets Regulatory Authority. [This] step establishes the UAE’s position in this sector. All related bodies will be cooperating with the Authority to provide maximum transparency and protection for investors.
Additionally, all digital asset transactions will be monitored by the virtual asset law. The new virtual asset law will monitor all cryptocurrency transactions and NFTs. Moreover, Brig. Brig.
He also stated that the combination of AI and blockchain technology will make it possible to combat criminal threats, both internal and external. It will help to combat threats from the sea, air and land.
The Virtual Asset Regulatory Authority, (Vara), will operate as an independent regulatory body. To monitor malicious actions that involve the trading or selling of NFTs and any other type of virtual asset, the cybercrime unit will work closely with them.
Lastly, the technological advances that have taken the world by storm since the advent of WEB 3.0 are sweeping the globe. The inevitable and unavoidable technological involvement of digital technology in our daily lives is certain. They are therefore a valuable addition to the law enforcement industry.
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