Although the exact details are still to be disclosed, Minister for transport, infrastructure and capital projects, Ian Borg, is quoted as saying “ Omnitude’s blockchain technology … will form a cornerstone technology … as part of our commitment to drive forward innovation.”
In response, Chris Painter, CEO and Founder of Omnitude said, “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.”
The news of the Malta agreement follows news earlier this month of another partnership deal for Omnitude when they teamed with Williams Martini Racing to bring blockchain technology into Formula One racing.
As part of the multi-year deal, Omnitude’s branding will be displayed on the car and around the team’s environment for the Spanish and Monaco Grands Prix.
At the time, Mr Painter expressed his enthusiasm for the deal by commenting that “Working with Williams Martini Racing is a major validation of our product and vision and this partnership is a natural pairing of two of the UK’s most innovative and cutting edge organisations.”
Omnitude, a plug-and-play blockchain built on Hyperledger Fabric which integrates with legacy systems through an API, began their ICO at the end of March and it concludes on 31 May.
The ECOM token is priced at $0.46 and a minimum contribution of $150 is required to purchase in either ETH or BTC.