• Sectors we work in banner(2)

    Quick Reads

DIFC Courts Offer Digital Vault Service to Store Documents

On 11 October 2022, the Dubai International Financial Centre (DIFC) Courts launched a digital vault service called “tejouri” (the Arabic word for “vault”) that allows users to upload and securely store personal documents ranging from insurance contracts, title deeds, wills, and financial certificates, to images and multimedia files.  The vault provides a unique platform that functions simultaneously as a cloud vault and an online safe for data, supported by an onsite DIFC data centre and a secondary UAE-based backup data centre. 

Other notable features of the vault include that:

  • The service can be used by anyone in any jurisdiction.
  • Access to all data will be restricted to the ‘vault holder’ and their designated nominees. Even the DIFC Courts’ staff will not be able to access the stored material. 
  • Documents will be stored using multiple factors of authentication, encrypted data, personalised biometric information and safe-keeping ledgers through advanced cryptography. 
  • An entire portfolio of documents stored in the vault can be transmitted through Distributed Ledger Technology (DLT).

The service costs USD150 for 1GB storage, which is valid for 25 years. A further 5GB of storage can be obtained at an additional cost of USD100, renewable every 5 years.

Given the increasing importance of digital documents this is a welcome service that will not only provide a further layer of protection but will enable loved ones or other trusted individuals to easily gain access to critical documents at the right time.  

This development is in keeping with a series of recent technological innovations in the UAE, including the launch of the DIFC Digital Economy Court (to resolve disputes concerning digital assets, cryptocurrency, blockchain tech, AI and cloud services), the ‘mediation in the metaverse’ service recently unveiled by the ADGM Courts (a virtual space in which mediations can be conducted), and the announcement that ADGM Court judgments will be verifiable on a blockchain to facilitate quicker enforcement. 

To know more about this service, please contact Sara Sheffield (Partner and Head of Offshore (DIFC & ADGM) Litigation) sara.sheffield@crsblaw.com. 

A digital home for your legacy

Our thinking

  • IBA Annual Conference 2024

    Charlotte Ford

    Events

  • A Glimpse into Saudi Arabia's Tourism and Leisure Vision 2023 and Beyond

    Reem Al Mahroos

    Quick Reads

  • Liquidated Damages – A comparison between the common law approach and the UAE Civil Code.

    Glenn Bull

    Insights

  • Wills for Brits in Switzerland (or with assets here)

    Michael Wells-Greco

    Insights

  • Thomas Snider and Lucy Wicksteed write for The Oath on the role of the national courts in arbitration

    Thomas R. Snider

    In the Press

  • A Guide to Arbitrability in International Arbitration

    Peter Smith

    Insights

  • DIFC Courts Release 2023 Annual Report

    Peter Smith

    Quick Reads

  • The Telegraph quotes Sophie Dworetzsky on plans to scrap the non-dom tax status

    Sophie Dworetzsky

    In the Press

  • Qatar joins the Madrid Protocol

    Charlotte Duly

    Quick Reads

  • I Want to Relocate to Switzerland - what do I need to know?

    Grégoire Uldry

    Insights

  • Wealth Management in Qatar

    Alim Khamis FCIArb

    Insights

  • The Rights of Beneficiaries: Access to Trust Information

    Samantha Ruston

    Insights

  • Charles Russell Speechlys welcomes insolvency litigation specialist in Dubai

    Nicola Jackson

    News

  • Nvidia faces class-action lawsuit for training AI model on ‘shadow library’

    Mark Hill

    Quick Reads

  • The UK’s March 2024 Budget: how the proposed new tax rules will work for US-connected clients

    Sangna Chauhan

    Insights

  • The UK’s March 2024 budget: Offshore trusts - have reports of their demise been greatly exaggerated?

    Sophie Dworetzsky

    Insights

  • Playing with FYR: planning opportunities offered by the UK’s proposed four-year regime for newcomers to the UK

    Catrin Harrison

    Insights

  • James Broadhurst writes for the Financial Times’ Your Questions column on inheriting company shares

    James Broadhurst

    In the Press

  • Regime change: The beginning of the end of the remittance basis

    Dominic Lawrance

    Insights

  • Essential Intelligence – UAE Fraud, Asset Tracing & Recovery

    Sara Sheffield

    Insights

Back to top