Abu Dhabi Ports has launched a blockchain solution for the city’s shipping industry, the first such initiative in the island city. Developed through its subsidiary Maqta Gateway, the initiative is known as Silsal and aims to increase efficiency, transparency and security in the country’s shipping industry. As reported by Construction Business News on June 2, Silsal will combine blockchain technology with the latest in digital user identification to link all the stakeholders in the shipping and logistics industry.
Many government services in Atlanta, Georgia, a major metropolitan US city, were brought to a halt this week. Ransomware appeared on municipal computers, urging a payment of $ 51,000 in equivalent bitcoin, otherwise vital city functions would be shut down. The hackers made good on their threat, and services all over the city were impacted, including police. Into the weekend, the issue has not yet been resolved.