Saudi Arabia Exploring Possibility of Implementing Blockchain in Government – Featured Bitcoin News - BitcoinEthereumNews.com
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi Arabia is considering putting into action the use of cryptocurrencies in the kingdom as well as the adoption of blockchain, a report quoting a government official has said. In addition, the report says the kingdom has also been discussing Web3 technologies and how these can be utilized. The official, Prince Bandar Bin Abdullah Al Mishari, an assistant to the Minister of Interior for technology, is nonetheless quoted in an Unlock Media रिपोर्ट suggesting that more needs to be done before Saudi Arabia can successfully build blockchain-based solutions. He said: There have been several meetings, webinars that have discussed the implementation of blockchain in government, yet in my opinion, all these studies, and regulations canot build solutions on blockchain, unless we have inovative talented people within these entities who can develop solutions utilizing blockchain, Web3 and crypto currencies. Al Mishari, in the meantime, suggested the kingdom needs to not only hire