#BlockChain / Saudi Arabia Eyes Blockchain Passport For Business

Saudi Arabia has proposed a business passport built off of blockchain technology… A “Global Value Chain” (GVC) passport would let companies that adhere to the financial rules in their own nations display their qualifications in other places… [it would] offer a distributed, up-to-the-moment and credible way for watchdogs to check out credential claims through the blockchain technology…

Saudi Arabia reportedly proposed the idea to commerce officials from different parts of the world at a B20 summit.