RIYADH – New and emerging blockchain technologies are integral to supporting and realizing a digital economy in the Middle East while ensuring effective protection against rapidly evolving threats of data security and cybercrime, said global consulting and technology firm Booz Allen Hamilton in a report released recently.
The report, titled ‘Blockchain Technology – Can the Digital Economy Thrive Without It?’, recommends that as Gulf countries seek to create some of the world’s smartest cities amid a culture of innovation, blockchain technology can offer streamlined and effective ways of protecting and enabling smart city development, disrupting digital transaction systems, and incubating a start-up ecosystem to drive economic growth.
http://saudigazette.com.sa/business/blockchain-technologies-integral-regional-smart-cities/
