February 06, 2025
11 11 11 AM
Latest Post
Ondo Finance Unveils Layer-1 Network for Tokenized Assets CoinDesk 20 Performance Update: XLM Gains 1.5% as Index Inches Higher Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security DEX Aggregator 1inch Integrates ZKsync to Boost Cross-Chain Swaps Shiba Inu Partners With UAE Ministry of Energy, Boosting SHIB Appeal Crypto Daybook Americas: Bitcoin Bull Postings Lift Spirits Bitcoin Worth $1.6B Leave Exchanges in Biggest Bullish Outflow Since April: Research Analyst Strategy Sees Thursday Nasdaq Listing for STRK Convertible Preferred Stock Berachain’s BERA Trades at $8 Ahead of 79M Token Airdrop and Mainnet Launch Law Firm Behind Pump.Fun Class Action Demands Removal of Tokens Mocking It

Shiba Inu Partners With UAE Ministry of Energy, Boosting SHIB Appeal

Earlier this week, Shiba Inu partnered with the UAE’s Ministry of Energy and Infrastructure (MoEI) to use its blockchain applications in various public sector services.

Such partnerships bolster SHIB’s appeal, which sits at a $9 billion market capitalization as of Thursday.

MoEI is set to use Shiba Inu’s Operating System (ShibOS) — on their layer-2 blockchain Shibarium — to integrate blockchain-based programs and applications into government services to streamline operations, increase transparency, and enhancing 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 said. “Shiba Inu’s decentralized solutions align perfectly with our mission to remain a global innovator.”

The MoEI oversees energy, infrastructure, housing, water resources, and transportation sectors, with key initiatives including the UAE Energy Strategy 2050 and ongoing partnerships for blockchain integration.

This post was originally published on this site