UAE And Singapore Entities Partner To Expand Blockchain In MENA

UAE-and-Singapore-entities-partner-to-expand-Blockchain-in-MENA

The partnership will see the deployment of next-generation blockchain infrastructure and systems

UAE companies New Technology Systems, Intertec, and Konvexe have partnered with Singaporean Block Armour and Blockchain WorxSG to expand blockchain enterprise solutions in the MENA region.

The collaboration will see the deployment of next-gen blockchain-powered infrastructure and systems to help organisations accelerate digital transformation programs.

Block Armour and Blockchain Worx offer cybersecurity solutions and Blockchain design studios.

The companies will begin by deploying Blockchain Worx’s Web3 Innovation Lab in the region to serve as a hub to showcase relevant solutions, explore new possibilities, and accelerate innovation while working with enterprise and government clients to roll out a wide range of business-ready use cases for blockchain technology.

Block Armour and Blockchain Worx Co-founder, Narayan Neelakantan stated, “Blockchain has gone mainstream across industry sectors with the technology swiftly becoming an integral part of today’s modern ‘Digital’ enterprise-IT infrastructure. From Dubai’s Blockchain Strategy to Saudi’s Vision 2030 and the upcoming FIFA World Cup 2022 in Qatar, which will have a wallet powered by Blockchain, we see organisations in the Middle East taking the lead and deploying next-gen technology as they look to establish themselves as global ‘Digital’ hubs of the future. We are eager to support this transformation and be a part of the mission”.

Arindam Baruah, CEO of Konvexe, said, “The leadership of UAE has a strong vision of making this country a ‘Digitally Driven Economy’, and blockchain plays an integral part of this vision. With this strategic partnership, our primary aim is to align with the vision of this country and become a catalyst for its economic growth by making blockchain adaptable for enterprises. Our strong industry-driven use cases and structured execution strategy will ensure every enterprise is a part of this growth.”

“With a definite digitally driven future set for this region, we believe that together with Konvexe, Block Armour, and Blockchain Worx, we will be able to provide the innovative and disruptive perspective of growth for our clients,” added Sunil Samdani, Business Manager, New Technology Systems.