Dubai Government, companies team up with IBM on blockchain project


  • TECH
  • Tuesday, 07 Feb 2017

No growth?:: IBM's results still raised questions as to when revenue would grow.

DUBAI: Dubai, one of the world’s largest trading hubs, has linked up with IBM to launch a scheme using blockchain computing technology to process transactions and keep track of goods being shipped, IBM said on Feb 2.

The initiative will provide real-time information about the state of goods and the status of their shipment to Dubai's customs and trade agencies and companies involved in the trade process, IBM said.

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