BlockChain News

Malta Picks Omnitude to Drive Blockchain Into Public Transport

Malta’s government is pushing ahead with another blockchain initiative: a partnership with middleware platform firm Omnitude will see the technology employed in the country’s public transport system.

According to a press release on Thursday from Malta’s Ministry for Transport, Infrastructure and Capital Projects, Minister Ian Borg stated: “Blockchain technology is a key part of our overall national technology strategy that will see us transform different sectors across government.”

This is the latest in a string of blockchain related happenings in Malta, as the country positions itself in this sector, recently announcing proactive efforts to develop a legislative framework for Distributed Ledger Technology , as part of its national blockchain strategy.

The partnership with Omnitude (the company is ending its token sale on May 31) is part of the Maltese Government’s strategy to develop a transport and logistics platform. In an effort to achieve cost savings and efficiencies, the Government will initially work with Omnitude to develop overall improvements in transport reliability, the press release states.

“We believe in Omnitude’s blockchain technology and its broad use-cases for the Government,” Borg said in the statement. “We can see its potential in a range of government departments and it will form a cornerstone technology platform as part of our commitment to drive forward innovation. It will improve the quality of life and enhance access to information for Maltese citizens. Blockchain technology is a key part of our overall national technology strategy that will see us transform different sectors”.

“Governments around the world are beginning to see the potential for blockchain to reduce costs and streamline services,” said Chris Painter, CEO and Founder of Omnitude. “Malta has an extremely progressive government and we’re excited about the potential this partnership brings. As a middleware technology, Omnitude’s potential use-cases are vast and we look forward to working with the Maltese Government to explore the capabilities of Omnitude’s broad based blockchain ecosystem”.

Omnitude was also recently announced as a technology partner in Formula 1, teaming up with Williams Martini Racing to assess the benefits that blockchain can bring to advanced engineering projects.

  • Malta Picks Omnitude to Drive Blockchain Into Public Transport – May 21, 2018
  • European Parliament Passes Resolution Supporting Blockchain Technology – May 21, 2018
  • Leading Indian Banks Form Blockchain Trade Network with InfoSys – May 18, 2018
  • Orbs Raises $118 Million to Fund Consumer Apps Blockchain Platform – May 18, 2018
  • WordPress for Blockchain: Superblocks Launches with $1 Million in Funding – May 18, 2018
  • Bloq Metronome Token Sale is on for June 18 – May 18, 2018
  • Cloud Alternative SONM Connects a Million Devices in Fog Network – May 17, 2018
  • Swarm Fund Brings FarmCoin to PE Platform to Help African Farmers – May 16, 2018
  • Evident Proof and Swytch Forge Alliance for Energy Production Blockchain – May 16, 2018
  • Nasdaq Powered DX.Exchange Launches Easy Trading Platform – May 15, 2018
  • Lykke Creates Investment and Advisory Spinoff BVV – May 14, 2018
  • EQUI Capital to Extend ICO and Widen Investment Remit – May 14, 2018
  • Chinese Government to Publish Monthly Scorecard of Global Crypto Projects – May 14, 2018
  • Sportsbook WinFlow Wagers on Hashgraph Ahead of Fundraising – May 14, 2018
  • Adult Industry Payment Processor PumaPay Pulls in USD 117 Million in Token Sale – May 11, 2018
  • ConsenSys Opens Dublin Innovation Studio – May 10, 2018
  • Human Avatar Creator Ubiatar Launches Telepresence Platform and ICO – May 10, 2018
  • Bloomberg Launches BGCI Crypto Index with Novogratz’s Galaxy – May 10, 2018
  • MovieCoin and BANKEX Open Door to Hollywood Investment Opportunities – May 10, 2018
  • Netherlands Delivers National Blockchain Agenda to Stimulate Research – May 9, 2018
  • Microsoft Launches Wave of AI Development Services and Blockchain Workbench – May 9, 2018
  • IOHK Sizes up Blockchain Applications with Ethiopian Government – May 9, 2018
  • Independent Music Platform Choon Beta Launches with NOTES Token Payments – May 8, 2018
  • Climate Change Champ Leo DiCaprio Joins Decentralized Solar Platform Kingo – May 7, 2018
  • Blockstack and ShapeShift Bounty Offers USD 50k for Best Decentralized Wallet – May 7, 2018
  • Origin Protocol Taps Silicon Valley and Blockchain Funds to Raise USD 28.5 Million – May 7, 2018
  • ZPER Embeds Trustonic in New Mobile Wallet for Optimized Security – May 2, 2018
  • MEW and Kyber Network Commence Token Swap Service – May 1, 2018
  • Etherisc Platform to Host Blockchain-Based Hurricane Insurance for Puerto Rico – May 1, 2018
  • Litecoin Inventor Charlie Lee Joins DMG Blockchain Advisory Board – April 30, 2018
  • San Marino Partners With Polybius to Develop Blockchain Legislative Framework – April 27, 2018
  • S. Korea’s RecordFarm Eyes Music Industry Disruption with RCD Token – April 26, 2018
  • Bottos Launching AI Data Sharing Marketplace for Low Cost Data – April 25, 2018
  • Industry Leaders React to European Parliament Vote to Tighten Crypto Regulation – April 24, 2018
  • Trade Finance Platform Batavia Completes Live Pilot with Audi Shipment – April 24, 2018
  • Sun Exchange Launches SUNEX Token for Solar Venture – April 23, 2018
  • Pundi X Announces Token Buyback to Fuel Future Partnerships – April 19, 2018
  • Marsh Works With IBM for Blockchain Proof of Commercial Insurance – April 19, 2018
  • DNAtix Meets Milestone PoC with DNA Blockchain Transfer – April 17, 2018
  • Korea’s Coinone Exchange Sets June Date for Indonesia Launch – April 17, 2018
  • AidCoin Launches in Beta, Partners With TokenStars and LastMinute Foundation – April 9, 2018
  • Quantum and River Oaks Form JV for Medical Billing Blockchain Initiative – April 9, 2018
  • E-Sports Predictions Platform RankingBall to Kick off Token Sale – April 9, 2018
  • MintHealth Launches Dual-Token Equity Sale for Healthcare Ecosystem – April 9, 2018
  • New Decentralized Crypto Exchange Ethen to Prioritize Accessibility Along With Security – April 6, 2018
  • Lykke Exchange Lists Privacy Coin Zcash – April 6, 2018
  • Royal Wedding Goes Crypto: Harry and Meghan Charity Token Launched – April 5, 2018
  • Coinnup Online/Offline Crypto Platform Prepares for April ICO – April 5, 2018
  • Russia’s Starta Ventures Launches $20M Fund for Pre-ICO Startups – April 5, 2018
  • Augmented Reality Platform Arcona Readies ICO With Digital Land Giveaway – April 4, 2018

View All Articles

Related posts

Europe’s Leading Parking Services Network Launches ICO

Jenny

Bitcoin Payments Accepted by Hotels in Russia During World’s Biggest Sport Event

Jenny

Litecoin Price Analysis: Can LTC/USD Hold Gains Above $140?

Jenny