RIYADH — The Communications and Data Expertise Fee (CITC) has held a workshop on Blockchain Expertise and its Results on Digital Transformation with the participation of various native and worldwide audio system and specialists within the subject.
The workshop mentioned the position being performed by CITC in regulating data know-how generally and rising applied sciences particularly, along with blockchain know-how as one of the necessary and promising rising applied sciences, together with its impression on digital transformation and the goals of the digital economic system.
The Deputy Governor for IT and Rising Applied sciences at CITC Eng. Raed Al-Fayez stated through the opening of the workshop that blockchain know-how ranks among the many superior the applied sciences, including that CITC expects that the native blockchain know-how market will develop at an accelerating tempo between now and 2025, at a fee of greater than 41%. — SPA