Dubai and IBM working on Blockchain The government of Dubai and Biggish Blue are launching a scheme using blockchain computing technology to process financial transactions and keep track of goods being shipped. 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. Dubai registered $176 billion of non-oil trade in the first half of 2016, has cemented itself as one of the largest re-export centres for goods flowing between Asia and the Middle East and Africa. http://www.techeye.net/business/duba...-on-blockchain |
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