Saudi Telecom Minister Inaugurates A Meeting On

in bitcoin •  7 years ago 

The Minister of Communications and Information Technology Eng
inaugurated yesterday the activities of the technical discussion workshops " ThinkTech ", where the first episode was entitled "The technology of plocin and digital currencies .. Models of government uses " at the headquarters of the Communications and Information Technology Commission.

At the beginning of the seminar, Al Sawahah said: "The need for a unified and documented global system and record in the cross-border and trans-boundary technical trough is urgent. The transition to emerging technologies such as the Blockxin will directly enrich the lives of the citizen by facilitating, accelerating and documenting financial operations, , Asset Management, Standard Medical Files, Proof of Identity, and others.

He added: Technology " Alblukhan " according to the report of the World Economic Forum by the year 2028 AD will enrich the economy strength of nine trillion dollars, and the share of the Middle East , including half a trillion dollars, and the Kingdom 's share a quarter of a trillion dollars, and this is achieved to provide innovative and creative solutions to the sectors.

He stressed the importance of dealing with these new technologies work of the founders of an integrated team spirit; because the nature of the "technical Alblukhan ", according to the Harvard Business Review, is the foundational technology ( Foundational Technology ) and not technical disintegrative ( Disruptive Technology ), will require legislation, organized and stimulating model new business enriches behaviors Economic and social development.

In addition to participating in the opening of the workshop, the Minister of Communications, the Balukshin Advisory Council affiliated with the National Committee for National Transformation launched a partnership between the Ministry and SAMA as a leading partner in the new financial and transaction technologies and membership of the concerned parties.

The events kicked off the panel discussion with the participation of a number of leaders and specialists in this field, as well as partner of Aithiriom Joseph Lubin founder; who reviewed the experiences of governments digital currencies and " Alblukhan ".


The panel discussion focused on various topics related to the technology of PLCs and digital currencies, their organization and proposed business models, including the review of the National Digital Strategy through the Ministry of Communications and Information Technology, and the digital transformation models developed by the Digital Transformation Unit.

The seminar was attended by a presentation by the Saudi Monetary Agency on the transformation of the financial sector and the proposed uses and systems for the technology of the plucchin and digital currencies, in addition to a presentation by the Ministry of Justice on the transformation witnessed by the ministry, including proposed work models to use the technology " Balukshin " in asset management.

The discussion focused on the future of the digital economy and the importance of creating agreed international rules and regulations to regulate the movement of buying, selling and trading digital currencies, and the importance of working to build digital cadres in this field.

The seminar was held within the Ministry's research and intellectual activities in organizing seminars, workshops and panel discussions with the Ministry's public and private partners to track relevant regional and international developments, raise technical awareness and promote the concept of effective partnership in the implementation of the digital transformation strategy.

For his part, said Undersecretary of the Ministry of Technology and Digital Capabilities Dr. Ahmed Al-Thunayan: The Ministry is seeking to establish an effective partnership with the public and private sectors to implement the strategy of digital transformation possible for the vision of the Kingdom 2030, and the continuation of the Ministry to launch technical workshops that launched this seminar, Such episodes enrich the technical debate .

He added: The aim is to anticipate the latest developments in technology that will accelerate the pace of digital transformation.

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