UAE - Kaspersky offers new Service for Blockchain Projects
Saturday, 10 05 2019, Category: Technology, Country: U.A.E
Kaspersky showcases a new service offering to help organizations protect blockchain-based applications they are developing in-house. Kaspersky Enterprise Blockchain Security, which will be launched at GITEX Technology Week 2019, includes assessment of applications working on top of a blockchain infrastructure and an audit of smart contract code. It helps enterprises discover and fix security issues and discrepancies in smart-contract business logic while the blockchain project is on its way from internal innovation to part of actual business processes.
With IDC predicting that MEA spending on blockchain will reach $307 million by 2021, governments and enterprises are looking towards the technology to help run large-scale, data-driven projects with more transparency and efficiency. For Example, the UAE government launched the Emirates Blockchain Strategy 2021, with plan to transform 50 per cent of government transactions into the blockchain platform by 2021 in an aim to save save time, effort and resources.