IBM to Help Saudi Arabia to Implement Blockchain

As reported, blockchain projects are needed to serve the citizens of the country in digital format and support the goals of the program Saudi Vision 2030

12 July 2018 417

The municipality of the capital of Saudi Arabia, Riyadh, announced a cooperation with the technological giant IBM. The company will develop strategies for implementing DLT in public services. This is reported by ITP .net.

Elm, the technology partner of the municipality, will help IBM. The task of the American corporation is to develop a blockchain solution for the municipality, and Elm will integrate these technologies into the government services of the country.

According to representatives of the municipality, blockchain projects are needed to serve the citizens of the country in digital format and support the goals of the program Saudi Vision 2030.

We are proud of the partnership that will significantly enhance the methods and procedures of the services provided by the Municipality. Elm is continuously applying its expertise, innovative capabilities, national talents and global partnerships towards the systematic digital development that ensures improved efficiency, in line with the Kingdom's National Transformation Program 2020. The expertise of Elm will contribute to enriching customer experience, to build the best solutions for both public and private sectors and to contribute to the transformation towards an e-Government model, in line with the Saudi Vision 2030.

Dr Abdulrahman Al Jadhai

Chief Executive Officer, Elm

Earlier IBM announced a partnership with the Australian government. As part of the cooperation, the corporation will provide automation services to the country's departments and help introduce blockchain technology into government services.

ICO Blockchain

Top-3 Ongoing ICO 16th - 22nd Sep Acc. to Our Readers

Let’s check which ICOs from ongoing 16th to 22nd of September are considered the best among our readers

24 September 2018 130

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. World Bit Bank

Vitsolutions, LLC has been conducting technical development of the World Bit Bank project and researching innovative financial technologies and the blockchain technology since 2016. World Bit Group which manages the World Bit Bank was established in 2018. It was registered in the EU and holds the Virtual currency against fiat currency exchange license and the Virtual currency wallet service license. Being under European jurisdiction, all real and digital assets of investors will have the highest security. By covering a large portion of the globe, we will be able to provide millions of people with banking services using cryptocurrency in conventional banking operations. Such services include: cryptocurrency loans, use of cryptocurrency in VISA/MasterCard debit cards, easy and cheap transfer and exchange of cryptocurrencies and many more financial transactions we make every day.

World Bit Bank ICO

As reported, almost €16M raised.

2. Worldopo

Worldopo gives the players a platform to build, own and trade property, all securely stored in blockchain. The innovative new approach is the use of it’s own cryptocurrency, the WPT as the base of the economic simulation. This gives the game a layer of realism never seen before, because people can earn real money when playing. The addition of AR makes it possible to actually see your empire grow before you eyes. In short Worldopoly is a true revolution in mobile gaming, easy accessible and yet complex like the real life itself. The best is part is: the game has already completed the development of its game engine and major features.

Worldopo ICO

Worldopo team was able to sell 640 700 WPT.

3. Cloudbric

Cloudbric is a decentralized universal security platform featuring enterprise-grade website, mobile device and crypto asset security, as well as access to a community driven threat intelligence database all powered through a new technology called VISION (patent pending), a CNN-based deep learning AI-tech, featuring one of the most accurate (low false positive rated) engines on the market. Our goal is to not only secure the web in general, but to secure the entire blockchain experience for users and businesses alike whether it’s protecting global exchanges, securing cryptocurrency assets, etc. so that we can help further encourages the widespread adoption of this great technology to masses. Cloudbric is currently a market leading web application firewall as a service vendor in South Korea and Singapore. We boast multiple awards (SC Magazine, Stevie Awards, Info Security PG, more), are industry-certified, and have more than 10,000 customers and partners.

Cloudbric ICO

As we can see on the pic above, Presale #1 and #2 ended, and looks like 5000 ETH in total was raised.