Prepared by: M Fadino Khairuman
The global economy is rapidly transitioning towards digitization, driven by advancements in AI, blockchain, and smart infrastructure. Countries like Estonia have successfully implemented e-governance systems, while others like Singapore and South Korea are global leaders in AI and smart city innovation. As nations explore these technologies to optimize governance and stimulate economic growth, the Maldives stands at a pivotal moment to integrate AI and blockchain into its economic framework.
Our vision is to transform the Maldives into a globally recognized hub for AI-driven fintech innovation, sustainable eco-tourism, and blockchain-powered digital governance. By leveraging cutting-edge technologies, the Maldives can enhance its service delivery, improve sustainability, and boost foreign investments in tourism and fintech sectors.
Tourism Reliance: With tourism contributing over 22% of the Maldivian GDP, AI-driven personalization and blockchain-backed transparency can boost tourist experiences and streamline operations()().
Government's Innovation Drive: The Maldivian government has committed to embracing AI and blockchain to improve governance and productivity. President Dr. Muizzu has highlighted these technologies as crucial to increasing efficiency, transparency, and citizen engagement().
Strategic Location and Connectivity: The Maldives is strategically positioned to become a digital gateway for South Asia. Investments in 5G and international submarine cable systems (PEACE, SEA-ME-WE 6) bolster the nation's capacity to support advanced digital services()().
Objective: To build an AI-powered, blockchain-based digital government that enhances the efficiency and transparency of public services.
AI-Powered Digital ID System: Following models like Estonia, an AI-driven National Digital ID system can help streamline government services, allowing for personalized service delivery and proactive governance()().
Blockchain for Governance Transparency: Blockchain can secure government transactions and records, ensuring that processes like land registries, voting, and taxation are tamper-proof and transparent().
Benefits:
