thecryptobasic.com
Leading doggy-themed cryptocurrency Shiba Inu has announced an unprecedented partnership with the government of the United Arab Emirates (UAE).
According to a Tuesday press release, Shiba Inu has collaborated with the UAE’s Ministry of Energy and Infrastructure (MoEI) to advance cutting-edge Web3 solutions in governance, energy, and infrastructure. The strategic alliance also aims to solidify Shiba Inu’s leadership in digital transformation.
UAE to Leverage Shiba Inu Tech
Under the partnership, the UAE will leverage Shiba Inu’s Web3 technologies, specifically ShibOS, to enhance citizen-focused governance, green infrastructure, and public service efficiency.
Notably, the newly introduced ShibOS will also be instrumental in unifying developments across the MoEI’s multiple operations.
Commenting on the development, MoEI’s Undersecretary for Energy and Petroleum Affairs, H.E. Eng Sharif Al Olama, emphasized the UAE’s commitment to advanced digital service. He noted the partnership is part of the UAE’s efforts to leverage emerging technologies to redefine government services.
“The UAE strives to establish a global benchmark for innovation, delivering transformative solutions that benefit our citizens,” Olama remarked.
An Unprecedented Partnership
The broader Shiba Inu community has been anticipating the announcement of this partnership since the ecosystem’s visionary leader, Shytoshi Kusama, shared a hint about it last month.
At the time, Kusama teased that the ‘extremely powerful partnership’ would impact the broader crypto space and Shiba Inu ecosystem tokens, particularly TREAT, SHIB, BONE, and LEASH.
Following the unveiling, the Shiba Inu ecosystem team highlighted that the alliance is unprecedented. In a follow-up statement, the team emphasized that the partnership marks the first time the UAE government is integrating blockchain at a federal level.
“This isn’t just another partnership. It’s a nationwide movement to unify the Shiba Inu Operating System across all Emirates,” the statement read.
Shiba Inu Lead Reacts
Reacting, Kusama expressed excitement that the UAE government considers Shiba Inu a cornerstone for next-generation infrastructure. Notably, he referred to the alliance as proof showcasing Shiba Inu’s prowess in delivering groundbreaking solutions.
Furthermore, he suggested that Shiba Inu will work with the UAE’s MoEI to redefine collaboration between businesses and citizens in an eco-friendly digital framework.
Meanwhile, he praised the UAE, describing it as the world’s number-one hub for the crypto industry. This is due to the country’s crypto-friendly policies, which make it suitable for crypto businesses.
In the meantime, Shiba Inu is still pushing to recover from the recent price dip that saw it crash to $0.0000123 over the weekend. Currently, SHIB’s price is up 7.42% over the past 24 hours to $0.00001652, coinciding with a broader market relief rally.