The partnership will help BIOS extend blockchain services to its existing clients
Bios will integrate VeChain’s Blockchain-As-A-Service with its Security-As-A-Service solution
Dubai is leading the Middle East into a digital revolution
Cloud service provider BIOS Middle East has signed a memorandum of understanding with Blockchain platform VeChain. The partnership will facilitate the implementation of a framework for Blockchain-As-A-Service and blockchain-enabled cloud services.
Despite the Bear Market, VeChain Continues to Stride Ahead
BIOS Middle East, a Dubai-based leading cloud services provider that boast clients across the Healthcare, Finance, Energy and Petrochemical sectors announced the new partnership via an official Press Release on December 16, 2018. According to the announcement, VeChain will offer its blockchain services to BIOS so it can extend Blockchain-As-A-Service to its existing clients to help them address numerous issues. The Managing Director of BIOS Middle East Dominic Docherty explained:
“BIOS Middle East will work with VeChain to extend its proven solutions on the blockchain to be directly accessible to the Middle East and African organizations through the CloudHPT platform, which will potentially bring thousands of transactions on a daily basis.”
VeChain Blockchain runs a platform that is tailormade for businesses that operate the Internet of Things (IoT) which BIOS Middle East will integrate with its existing Security-As-A-Service solution.
The new solution will enable companies to store their data more securely since it will be encrypted into the immutable blockchain ledger. The best thing about this will be that businesses will avoid the manipulation of logs by malicious players besides helping them to enhance their security and improve trust and reliability of data. Commenting on the move, VeChain CEO Sunny Lu commented:
“Leveraging on BIOS Middle East’s expertise in Cloud Services and System integration, I believe Dominic’s team will help accelerate adoption and transactions on VeChain’s platform; starting from Dubai, one of the world’s blockchain-friendly states.”
Christened the “City of the Future,” Dubai, according to the Minister in Charge of Artificial Intelligence, harbors an ambitious plan to implement flying taxis, robot cops, and autonomous vehicles besides planning to become the world’s first blockchain-powered government. According to the roadmap, the emirates intends to ensure that all visa applications, bill payments, and license renewals for over 100 million documents annually is transacted digitally via blockchain.
Dubai is leading the Middle East into a digital revolution and there is a lot of work in progress towards the adoption of the blockchain technology that is slowly but surely making the Middle East a blockchain hub. Dubai is actively implementing blockchain-based solutions in the fields of governance, finance, tourism and their smart city initiative, dubbed Smart Dubai. By choosing BIOS as its entry point into the lucrative Middle East market, VeChain has taken a huge step in the right direction.