Riyadh Municipality Joins With IBM For Blockchain Integration

The Riyadh Municipality in Saudi Arabia, in association with Saudi technology company Elm Co., has selected IBM to develop and integrate blockchain technology for government services, according to news outlet ITP.net.

Elm, owned by the Public Investment Fund of Saudi Arabia, and IBM will jointly develop an implementation strategy to facilitate government services and transactions to better serve customers digitally.

Riyadh Municipality,IBM, and Elm will collaborate with key government departments, and private and semi-government sectors in Al Riyadh, to arrange workshops to identify the various services to be upgraded and enhanced using blockchain.

IBM will then develop the first blockchain solution at the municipal level, and Elm will implement the technology into government services as the next stage.

Tarek Zarg El Aioun, Country General Manager, IBM Saudi Arabia, said, “Through the collaboration between Riyadh Municipality, Elm and IBM, we will be able to help the Saudi government reimagine and transform the way in which services are provided to citizens, residents, businesses, and visitors. It is a strategic step towards supporting the objectives of Saudi Arabia’s Vision 2030.”

by RTTNews Staff Writer

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