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Omantel signs pact with Oman’s first blockchain company

Business Tuesday 07/August/2018 15:34 PM
By: Times News Service
Omantel signs pact with Oman’s first blockchain company
Muscat: Omantel, the first and leading provider of integrated telecommunications services in the Sultanate, has recently signed a memorandum of understanding (MoU) with Blockchain Solutions & Services (BSS) for mutual cooperation between the two companies which include availing the smart solutions offered by BSS in logistic and commercial operations.
The MoU comes as part of Omantel’s ongoing efforts in offering smart solutions for digital transformation and laying the groundwork for smart cities’ information, communications and technology (ICT) services.
Samy Ahmed Al Ghassany, Chief Operating Officer at Omantel, said, “Omantel is keen on boosting mutual cooperation with local and regional ICT companies as such collaboration supports Omantel’s vision in leading the digital transformation in Oman and helps the digital society to flourish.”
“We are glad to collaborate with BSS; a Omani company delivering innovative Blockchain solutions locally and internationally. We believe that collaborations, like this one, will help us meet the demand for e-services and smart solutions in the Omani market and will pave the way for smart cities and digital communities,” he added.
Dr Khalid Tahhan, CEO of BSS, said, “The information revolution on the Internet during the past years have brought a positive change to the productivity of organisations and individuals alike, and throughout the years there have been much efforts to simplify procedures and make operations more efficient."
"Blockchain is one such foundational technology that is expected to be a milestone in ICT and smart solutions as it offers more efficient instant digital transactions which will help empower Internet of Things (IoT), big data and machine learning,” he added.
“Blockchain technology can be used in various fields, such as education, health, finance, oil and gas, digital sales, logistics and others,” Dr Tahhan said.
Fadi Nasser, General Manager of ICT Unit at Omantel, said, “We work hand in hand with Oman Data Park and mOmkin to deliver end-to-end smart solutions with unparalleled comprehensive value to many vital sectors in Oman. We do so by extending our technology service portfolio beyond infrastructure IT services, into big data platforms, information security and artificial intelligence to give us this unprecedented capability to deliver more competitive solutions to our clients, whom we consider to be appraised partners on this digital transformation journey.”
“We are proud to have a national company with such experience locally to collaborate with. BSS is creating value, in the form of Blockchain products and services right from Oman, helping us accelerate the transition to digital industries organically,” he added.
Investing in the future of the nation, Omantel connects even the most remote communities of the Sultanate to each other and the rest of the world. Omantel is the Sultanate’s first and leading integrated telecommunications services provider, enabling the digital society to flourish, allowing new ways of doing business and delivering a world of information, news and entertainment.