Dubai Establishes Business Blockchain Registry

This is the first I’ve heard of it but Dubai has made a business registry out of blockchain and what’s more they want all government services to be blockchain powered by 2020. It has been setup to help companies establish themselves in Dubai and also as a well of getting direct investment from overseas.
I am having trouble finding the technical details but it certainly sounds like a very interesting application of blockchain technology.
The only other thing mentioned is that it appears IBM is behind the blockchain being used or at least involved:
Amr Refaat, general manager, IBM Middle East said: “IBM is proud to collaborate with DED, Smart Dubai Office and Dubai Silicon Oasis on this journey to revolutionize the business ecosystem in the UAE. Dubai is a leader in innovation with many ambitious projects that have already become a reality. With the first phase of this project already in place to form the first active Blockchain commerce registry network, there is keen interest from other public and private entities to join the network.