Published on July 12th, 2018 | by bitcoin0
Riyadh Teams Up with IBM for Government Blockchain Development
Riyadh Municipality, Saudi Arabia, has partnered with IBM to jointly develop a strategy to streamline government services and transactions on а blockchain, news outlet ITP.net reported July 11.
The move was made in accordance with an authoritative decision of the Government of Saudi Arabia to work on improving the quality of municipal services for customers and integrate leading technologies into services as part of the Saudi Vision 2030 program.
Backed by main government departments, Riyadh Municipality, IBM, and Saudi tech firm Elm Company will arrange workshops to determine which services can be upgraded using blockchain.
IBM will subsequently develop the first blockchain solution at the municipal level, while Elm will implement the technology into services provided by the government.
In May, the government of Saudi Arabia conducted a “blockchain bootcamp” session focused on building Ethereum smart contracts and decentralized applications (DApps).