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Smart Dubai and IBM have launched the Dubai Blockchain Platform that will be powered by IBM cloud environment, hosted in the UAE and will be used for government blockchain projects and offered to the private sector, according to the press release.

The main aim of the platform is to allow organizations to access blockchain technology which can scale from testing and development into full production, while ensuring that data resides in the UAE, on a platform which is compliant with Dubai government's Information Security Regulation (ISR).

Smart Dubai is the government office charged with facilitating Dubai’s citywide smart transformation, to empower, deliver and promote an efficient, seamless, safe and impactful city experience for residents and visitors.

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