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 763

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.

Ledger Blockchain

Ledger Team to Find Issue in New Nano S Software

Last update's security improvements have affected the amount of device memory

15 February 2019 114

Ledger hardware wallet developers stated that an unforeseen problem was found in software version 1.5.5 for the Nano S model. Improvements in the security context have affected the amount of device memory.

When planning for this update we didn’t anticipate the impact it would have on Ledger Nano S capacity. This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right.

Ledger Team

The project team apologized for the incident and promised to fix the problem during the second quarter of 2019.

The project also announced the addition of Nano S support in the Ledger Live mobile app on Android.

Earlier, researchers at Wallet.fail discovered a number of vulnerabilities in the Trezor and Ledger hardware cryptocurrency wallets. As a result, they were able to conduct a series of successful attacks on wallets during the Chaos Communication Congress in Leipzig.