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.
Comments are closed.