According to the press release of the Ministry of Communication and Information Technologies of Saudi Arabia on April 29th, the main purpose of this “Blockchain Beginner Training Camp” event is how to create smart contracts and decentralized applications (Dapps) in Ethereum.
This training, which lasted three days, was organized in cooperation with ConsenSys, a company of blockchain software technology worked in many projects in the Middle East.
The Ministry of Communication and Information Technologies of Saudi Arabia stated that this event was part of their plans to create a “digital environment” in the vision and mission of 2020.
Ahmed Al-Thenayyan, Deputy Minister of Technology Industry and Digital Industry, stated that the country aims to create a digital environment developing itself with intelligence and skills in ICTs (Information and Communication Technologies) and to provide digital transformation in order to speed up the development process of the country in the kingdom based on the plans of 2020.
Lina Hediah, Executive Director of ConsenSys MENA, said, “The purpose of this training is to benefit from the human resource potential that is not used by Saudi Arabia and to develop them with knowledge and comprehension skills. Thus, to understand the current and future potential and the power of the blockchain and its application.”
In addition, Saudi Arabia continues to test blockchain technology in various parts of its economy. In February, Saudi Arabia’s Monetary Authority established a partnership with Ripple for cross-border payment methods.