Shiba Inu to Power UAE Government’s Digital Infrastructure

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TLDR

  • Shiba Inu (SHIB) has formed a groundbreaking partnership with the UAE Ministry of Energy and Infrastructure to integrate blockchain technology into government services, marking the first federal-level blockchain implementation by a national government
  • The partnership will utilize Shiba Inu’s Web3 technologies, including ShibOS, to unify digital development across UAE infrastructure projects
  • Recent whale activity shows movement of over 15.1 trillion SHIB tokens (worth approximately $253.05 million) within 24 hours of the announcement
  • Technical analysts are divided on SHIB’s short-term outlook, with some predicting a potential rally while others suggest further consolidation is needed
  • The UAE’s Blockchain Strategy aims to move 50% of government transactions to blockchain, with projected savings of over $3 billion in processing costs

The United Arab Emirates Ministry of Energy and Infrastructure (MoEI) has announced a partnership with Shiba Inu (SHIB) to implement blockchain technology across government services. This collaboration, revealed on February 4, 2025, marks the first instance of blockchain integration at a federal level by a national government.

The partnership comes as part of the UAE’s broader Blockchain Strategy, which aims to transition 50% of government transactions to blockchain technology. This initiative is expected to result in savings exceeding $3 billion in transaction and document processing costs.

Shiba Inu, launched in 2020 as an Ethereum-based token, has evolved beyond its meme coin origins to become the second-largest meme cryptocurrency by market capitalization, currently valued at approximately $9 billion. The project will deploy its Operating System (ShibOS) to unify development across MoEI operations.

His Excellency Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI, expressed enthusiasm about the partnership.

“We’re delighted to deepen our commitment to cutting-edge digital services. This partnership represents a pivotal moment in our journey toward redefining government services,” he stated.

The collaboration will leverage Shiba Inu’s proprietary Web3 technologies to enhance efficiency, promote green infrastructure, and implement citizen-centric governance models. The project aims to streamline government services while ensuring security and accessibility.

Market response to the announcement has been notable. Within 24 hours of the partnership reveal, Shiba Inu whales moved over 15.1 trillion SHIB tokens, valued at approximately $253.05 million, according to data from IntoTheBlock.

SHIB’s price showed an immediate response to the news, recording a 5.12% increase over 24 hours. However, the token still faces an 11.34% decline over the past week, highlighting ongoing market volatility.

Shiba Inu Price on CoinGeckoShiba Inu Price on CoinGecko

Technical analysts remain divided on SHIB’s price trajectory. Analyst TheTrader1_618 has identified a multi-year corrective pattern, suggesting potential for a five-wave rally based on Elliott Wave Theory. The analysis points to key Fibonacci extension levels where SHIB has found support.

Conversely, analyst paper_Trader1775 notes that SHIB continues to make lower highs and lower lows, indicating an ongoing downtrend. The analyst suggests that a definitive trend reversal would require SHIB to surpass the $0.00001765 level.

The integration of Shiba Inu’s technology brings several advantages to the UAE’s digital infrastructure. As an ERC-20 token, SHIB operates on the Ethereum blockchain, providing security and high trading volume. The token’s wide availability on major exchanges ensures accessibility.

Key technologies within the Shiba Inu ecosystem, including TREAT and Shibarium, will play crucial roles in the partnership. TREAT aims to simplify Web3 adoption by enabling user interaction with blockchain networks in a manner similar to traditional internet applications.

Shiba Inu x UAE Ministry of Energy & Infrastructure @MOEIUAE : A Historic Partnership

“Shiba Inu’s decentralized solutions align perfectly with our mission to innovate energy and infrastructure.”
— H.E. Eng Sharif Al Olama, MoEI

🔑 $TREAT is the key. Unlock the future.
🚀pic.twitter.com/WJxNCVFVaF

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) February 4, 2025

Shibarium, Shiba Inu’s Layer-2 scaling solution, addresses transaction speed and cost concerns while enhancing scalability. These features are expected to contribute to more efficient government services.

The announcement follows a recent teaser from Shytoshi Kusama, Shiba Inu’s lead developer, who had hinted at an upcoming partnership. The news generated considerable anticipation within the Shiba Inu community.

Prior to this partnership, SHIB had experienced a challenging market period, shedding over 30% of its value in the past month. However, historical data suggests that strategic collaborations, such as previous partnerships with Chainlink and Zama, have contributed to price recoveries.

At the time of writing, SHIB trades at $0.00001633, maintaining its position as one of the most actively traded cryptocurrencies by volume.

The post Shiba Inu to Power UAE Government’s Digital Infrastructure appeared first on Blockonomi.

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