NEWS
Riyadh Municipality and Elm hold Blockchain
technology seminar
through a range of integrated services and solutions designed to
accelerate the Digital Transformation process.
These technologies include the latest Blockchain technology which is
seen to provide competitive, efficient and integrated operations.
The seminar discussed the latest developments on Blockchain as a
digital platform which helps protect the continuous growing data
and allow secure exchange of important documents.
As a technology company, Elm offers an integrated programme
that allows investors to invest using the advanced technology and
an integrated business plan. During the seminar, Elm presented a
short video that highlighted the applications, followed by a panel
discussion session.
E
lm, a leading provider of innovative digital solutions owned by
the Public Investment Fund of the Kingdom of Saudi Arabia (KSA)
and Riyadh Municipality, has organised a seminar aimed at raising
awareness among entrepreneurs on the importance and benefits of
Blockchain technology, in cooperation with IBM.
The seminar was held during GITEX Technology Week and was part
of the company’s ongoing efforts to promote technology innovation
Elm is committed to a vision of innovation that builds a better future
for the community through the completion of a series of mega
projects designed to enhance the efficiency of work processes and
ensure rapid delivery and sustainability within the public and private
sectors, locally and internationally, with a key focus on human and
technical capacity-building and increase the rate of Saudisation
within the ICT sector.
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STC and ConsenSys announce Blockchain launch
to accelerate its adoption
S
audi Telecom Company (STC) and
ConsenSys, a leader in Blockchain
technology, have announced the launch
of Blockchain on STC Cloud, a move set
to accelerate Blockchain adoption in the
kingdom. It will provide enterprises and
governments with a path to enable mass
adoption of the technology through
dramatically lowering the costs of prototyping
and experimentation with Blockchain.
STC and ConsenSys showcased the new
technology during GITEX 2018. This
product allows clients to create Blockchain
nodes in a sandbox environment, build
Blockchain networks and test use cases
without the need for infrastructure
investment or heavy development.
Riyadh S. Muawad, Vice President of
Government Sales and Key Accounts at
STC Business, said: “Blockchain on is one of
several initiatives STC aims to rollout to its
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customers to pave the way for Blockchain
adoption. STC is committed to providing
its customers with innovative solutions and
Blockchain is one of many to be provided.” button. This service is a unique innovative
offering in our marketplace that helps
organisations to rapidly build and deploy
Blockchain applications.”
Talal AlBakr, Vice President of Cloud
Services at STC Solutions, said: “Adding
Blockchain to STC’s Cloud Marketplace
allows customers to start a private
Blockchain network with a click of a In line with the Kingdom’s Vision 2030, this
latest launch will further open emerging
technology avenues by bringing Blockchain
technology to empower various industry
verticals across Saudi Arabia.
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