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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Artificial intelligence offers an opportunity to improve EV batteries
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up
Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast
What next for TikTok in the US?
Atos says it will need more cash than expected
TikTok to fight US ban law in courts
STMicro cuts FY revenue outlook as slowing car market bites
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
Spurred by teen girls, US states move to ban deepfake nudes

Others Also Read