Saudi Arabia announced blockchain-based cooperation with IBM

Home » BLOCKCHAIN » Saudi Arabia announced blockchain-based cooperation with IBM
2018-07-12
Saudi Arabia announced blockchain-based cooperation with IBM

The municipality of Riyadh, the capital of Saudi Arabia, announced a blockchain-based cooperation with the technological giant IBM. The company will develop strategies for implementing DLT technology in public services.

IBM will be a technology partner of the municipality of Elm. The task of the American corporation is to develop  blockchain-based solution for the municipality, and Elm will integrate these technologies into the government services of the country.

According to representatives of the municipality, blockchain projects serve the citizens of the country in digital format and support the revolutionary goals of the program Saudi Vision 2030.

“Cooperation between the municipality of Riyadh, Elm and IBM will help the government of Saudi Arabia to review and transform ways of providing services to citizens, businesses and guests of the country. This is a strategic step towards achieving the goals of the Saudi Vision 2030 program, “said Tareq Zarg El-Ayyun, the CEO of IBM Saudi Arabia.

IBM has also announced a partnership with the Australian government. As part of the cooperation, the corporation will provide automation services to the country’s departments and help introduce blocking technology into government services.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,081.06
  • ethereumEthereum$165.30
  • rippleXRP$0.328778
  • tetherTether$1.00
  • eosEOS$5.36
  • stellarStellar$0.115481
  • litecoinLitecoin$79.74
  • cardanoCardano$0.084853
  • tronTRON$0.026713
  • moneroMonero$68.37
  • iotaIOTA$0.319989
  • nemNEM$0.066046
  • dashDash$121.08
  • neoNEO$11.40
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018