The municipality of the capital of Saudi Arabia, Riyadh, announced the blockchain cooperation with the technological giant IBM. The company will develop strategies for implementing DLT-technology in public services. This is reported by ITP.net. IBM will be assisted by the technology partner of the municipality – Elm. The task of the American Corporation is to develop blockchain solutions for the municipality, and Elm will integrate these technologies into the government services of the country. According to the representatives of the municipality, blockchain projects are necessary to serve the citizens of the country in a digital format and support the revolutionary goals of the Saudi Vision 2030 program. Previously, ForkLog reported that IBM had announced a partnership with the Australian government. Within the framework of cooperation, the corporation will provide automation services to the country’s departments and will help to introduce blockchain technology into state services. Let us recall that in February, the Agency of monetary circulation of Saudi Arabia signed a partnership agreement with Ripple. Under the terms of cooperation, the country’s banks will use the xCurrent solution to improve the efficiency of domestic and cross-border payments. |
