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Jan 24, 2020

Riyadh City Picks IBM to Integrate Blockchain in Government Services

Posted by in categories: bitcoin, government

The municipality of Saudi Arabia’s capital city Riyadh has partnered IBM to facilitate government services and transactions on a blockchain.

Under terms of the partnership, early blockchain-tech mover IBM will work with Elm Company, the municipality’s technology partner, to develop an implementation strategy to plug government transactions and commercial services to citizens and residents on a blockchain, ITP.net reports.

The city administration, IBM and Elm will further sync with key government departments and private and semi-government sectors over a number of workshops to determine the services that can be transformed by blockchain.

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