Saudi Arabia’s Misk Academy panel on blockchain, data privacy

DHAHRAN (SAUDI ARABIA), Nov. 26, 2018 (Xinhua) — Participants attend a panel discussion at the In-Kingdom Total Value Add (IKTVA) Forum in Dhahran, Saudi Arabia, on Nov. 26, 2018. Saudi oil company Aramco Monday signed deals worth 27.5 billion U.S. dollars with local and international suppliers at the fourth In-Kingdom Total Value Add Forum and Exhibition in eastern Saudi Arabia’s city of Dhahran. (Xinhua/Tu Yifan/IANS)

RIYADH (Rahnuma): : In cooperation with Information Technology at Saudi Aramco and the Saudi Arabian Monetary Authority (SAMA), the Misk Academy has held an interactive discussion on “Blockchain and Data Privacy.”

The panel discussed blockchain in industrial areas and alliances based on it, business management and development, and the platform’s role in supporting agreements, proofreading documents and reducing costs in business.

Blockchain experts in the panel included the leader of the Geospatial Support Group in Information Technology at Saudi Aramco, Adel Al-Otaibi, Marwan Al-Hamdan, who heads oversight practices of information technology and cybersecurity in the Saudi financial sector, including banks, and insurance and finance companies.

The panel discussed topics that included the need to have commercial and financial contracting with various countries.

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