The US-based droppGroup (dropp), a pioneer in integrating AI and blockchain technologies, and Solana Superteam, a key player in the Solana blockchain ecosystem, announced on Tuesday a strategic partnership aimed at accelerating the adoption of Web3 technologies in Saudi Arabia.
This collaboration leverages dropp’s expertise in Web3 and AI solutions alongside Solana’s advanced blockchain platform, setting the stage for transformative growth and innovation across the region.
This partnership marks a significant step towards utilising Web3 to revolutionise both the public and private sectors in Saudi Arabia.
Through strategic integration and collaborative initiatives, dropp and Superteam aim to drive substantial technological and economic advancements, aligning with the Kingdom’s multi-trillion-dollar Vision 2030 initiative.
The companies said the partnership will significantly increase the deployment of the Solana blockchain across Saudi Arabia’s public and private sectors.
The Superteam will also benefit from dropp’s extensive network of clients, partners and stakeholders, facilitating growth opportunities and delivering mutual benefits.
The partnership is also designed to create synergies that will enhance the capabilities of both entities, promoting innovation and economic development in Saudi Arabia.
The US-based droppGroup already boasts of clients such as the Saudi government and Saudi Aramco.
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— dropp (@droppgroup) June 10, 2024
For over 7 years, we've been pioneering AI and blockchain innovations, creating a scalable ecosystem adopted by giants like Saudi Aramco and Cisco.
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Faisal Al Monai, Chairman and Co-Founder of droppGroup, said the collaboration is a pivotal step in unlocking the immense potential of blockchain technology to revolutionise industries and drive substantial economic growth in Saudi Arabia.
“By combining our cutting-edge Web3 expertise with Solana’s high-performance blockchain infrastructure, we are poised to deliver innovative solutions and educational initiatives that will play a crucial role in realising the Saudi Vision 2030,” he said.
Alex Scott, Superteam MENA Lead, said: “Together, we are committed to creating a vibrant digital economy and fostering a community that is well-equipped to harness the power of Web3.”
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