Manama, Bahrain, April 16th, 2024, Chainwire
In a strategic move to enhance privacy, security, and decentralization in the digital domain, stc Bahrain has partnered with Aleph Zero, aiming to capitalize on cutting-edge solutions.
The collaboration between stc Bahrain, a renowned digital facilitator, and Aleph Zero, a privacy-focused Layer 1 blockchain, is a significant development within stc Bahrain’s Web3 Launchpad program. This initiative underscores stc Bahrain’s dedication to nurturing the advancement of blockchain technologies in the Gulf region.
Under the umbrella of stc’s Web3 Launchpad Program, this partnership will bolster Aleph Zero’s network by implementing validator nodes, thereby fortifying the blockchain’s infrastructure with stc Bahrain’s robust digital expertise. Not only does this alliance expand stc Bahrain’s infrastructure offerings, but it also reinforces a network known for its emphasis on privacy, scalability, security, and speed.
Amidst a dynamic web3 landscape, Aleph Zero distinguishes itself through its technological prowess and innovative approach to addressing on-chain privacy and enterprise-grade scalability challenges. With its unique consensus protocol, AlephBFT, and a public network that integrates robust privacy features such as Zero-Knowledge Proofs (ZK-SNARKs) and Secure Multi-Party Computation (sMPC), Aleph Zero provides a secure and scalable solution, laying the groundwork for confidential and verifiable transactions while safeguarding sensitive data.
stc Bahrain’s Chief Wholesale Officer, Mr. Saad Odeh, expressed his enthusiasm about the partnership, stating, “stc Bahrain is delighted to welcome Aleph Zero as a Pearling Path Partner in our Web3 Launchpad Program. This collaboration brings us closer to establishing a secure and integrated digital ecosystem in the Gulf. Aleph Zero’s privacy-enhancing technology and decentralized network align seamlessly with our vision for a cohesive digital future.”
Echoing this sentiment, Antoni Zolciak, Co-Founder of Aleph Zero, remarked, “stc Bahrain is a trailblazer in innovation within the Gulf region, spearheading the adoption of Web3 and blockchain solutions. Aleph Zero is excited to collaborate with stc, as we share a commitment to secure, scalable, and privacy-centric blockchain infrastructure. We look forward to the collective impact of our efforts in advancing a more secure, decentralized digital ecosystem across the Middle East.”
As the Web3 landscape evolves, the demand for robust privacy, security, and decentralization grows increasingly vital. This partnership with Aleph Zero aligns perfectly with stc Bahrain’s vision of propelling a secure, decentralized Internet of Values forward, positioning stc Bahrain at the forefront of digital innovation.
Aleph Zero’s dedication to decentralization, coupled with its wide-ranging applicability across diverse industries, makes it an ideal partner for stc Bahrain. With over 40 active use cases spanning secure data exchanges to private voting, Aleph Zero is poised to drive significant progress in the digital realm.
About stc Bahrain
stc Bahrain, a subsidiary of stc Group, stands out as the fastest-growing and most innovative telecommunication operator in Bahrain. Since its establishment in 2010, stc Bahrain has revolutionized the telecommunications landscape in the Kingdom of Bahrain, emerging as a market leader through its investments in next-generation technologies and introduction of innovative solutions. Noteworthy among its achievements is the disruption of fintech in 2018 with the introduction of the stc pay ecosystem.
Over the past eleven years, stc Bahrain has garnered over 20 awards for its role as a leading network provider, offering a wide range of products and services that connect people through innovative solutions. The company’s commitment to innovation has solidified its position as a key player in delivering telecommunication, digital, and mobile financial services to consumers, households, and businesses. With a comprehensive range of benefits and customizable offerings that cater to evolving digital needs, stc Bahrain has established itself as the preferred telecommunications network in Bahrain and a forward-thinking disruptor in the telecommunication and fintech sectors.
For more information, please visit stc Bahrain’s website or follow stc Bahrain on Twitter.
About Aleph Zero
Aleph Zero represents a layer 1 blockchain designed for speed, data confidentiality, and ease of development. It achieves efficiencies comparable to traditional web2 systems, upholding stringent data protection standards through Zero-Knowledge Proofs (ZKP) and Secure Multi-Party Computation (MPC), and offering a comprehensive toolset for WebAssembly (WASM)-based web3 development in Rust. Aleph Zero’s versatility is evidenced by its active development of over 40 use cases, showcasing its adaptability across various sectors and applications. These use cases form part of a vibrant community and expanding ecosystem of web3 applications supported by Aleph Zero programs.
For more information, please visit Aleph Zero’s website or follow Aleph Zero on Twitter.
Contact
PR Manager
Josh Adams
Aleph Zero
[email protected]
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