The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology.
There have been several meetings, webinars that have discussed the implementation of blockchain in government, yet in my opinion, all these studies, and regulations cannot build solutions on blockchain, unless we have innovative talented people within these entities who can develop solutions utilizing blockchain, Web3 and crypto currencies.
Al Mishari, in the meantime, suggested the kingdom needs to not only hire blockchain experts but must “work with universities to develop [a] curriculum in blockchain and Web3.”
