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Riyadh Municipality and Elm successfully organizes seminar for entrepreneurs to raise awareness about Blockchain


Elm, a leading provider of innovative digital solutions owned by the Public Investment Fund of the Kingdom of Saudi Arabia (KSA) and Riyadh Municipality, has organized a seminar aimed at raising awareness among entrepreneurs on the importance and benefits of Blockchain technology, in cooperation with IBM company. The seminar was held during the 38th edition of GITEX Technology Week 2018, the largest technology event in the region participated by decision makers, government officials, and regional and international ICT experts, which opened on Sunday (October 14, 2018) in Dubai. The seminar is part of the company's ongoing efforts to promote technology innovation through a range of integrated services and solutions designed to accelerate the digital transformation process. These technologies include the latest blockchain technology which is seen to provide competitive, efficient and integrated operations.

The seminar discussed the latest developments on Blockchain as a digital platform which helps protect the continuous growing data and allow secure exchange of important documents. As a technology company, Elm offers an integrated program that allows investors to invest in using the advanced technology and an integrated business plan. During the seminar, Elm presented a short video that highlight the applications, followed by a panel discussion session.

The informative seminar, a continuation of the cooperation between Elm, Riyadh Municipality and one of the world's leading technology companies, IBM, reiterates our commitment to provide a comprehensive model of the latest technology solutions using Blockchain. The move complements our efforts to make a quality-focused shift in the methods and procedures used in the services provided by Riyadh Municipality while also increasing entrepreneurs’ awareness of the technology, which is a key element in national economic and social development and contributes to the national efforts to improve people’s lives—one of the main goals of the national transformation program,  ‘Quality of Life’ 2020 and in line with the Saudi Vision 2030 to create a vibrant society and a prosperous economy. Elm is investing in initiatives that contribute to achieving the country’s vision of a knowledge-based economy. We participate in improving technical knowledge by providing a range of initiatives that contributes to increasing local understanding of the ICT sector, as well as investing in activities that will increase national participation in developing the skills of the young generation through innovative programs and strategic partnerships with selected government and private entities at the local and international level.”

Elm is committed to a vision of innovation that builds a better future for the community through the completion of a series of mega projects designed to enhance the efficiency of work processes and ensure rapid delivery and sustainability within the public and private sectors, locally and internationally, with a key focus on human and technical capacity-building and increase the rate of Saudization within the ICT sector.

Elm is committed to promote innovation, transfer knowledge and employ modern technology to develop its business in Saudi and other Gulf markets with the theme, ‘We Innovate for Sustainable Economy’. The company is committed to enhance innovation and adopt advanced technology to serve its customers in public and private sectors.  It provides integrated services that enhance the business environment and support governments in its digital transformation plan leading towards the improvement in the quality of services for citizens and enabling private companies and government entities to save time and optimize human and financial resources.