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Cryptocurrency News Articles

ZetaChain the universal Layer-1 blockchain network collaborates with stc Bahrain

Dec 21, 2024 at 04:50 am

Amid a drive to increase the use of blockchain solutions in the Middle East, ZetaChain the universal Layer-1 blockchain network collaborates with

ZetaChain the universal Layer-1 blockchain network collaborates with stc Bahrain

Web3 technology company ZetaChain has announced a partnership with stc Bahrain, a subsidiary of Saudi Telecom Company (stc), the largest telecom operator in the Middle East, to integrate its universal Layer-1 blockchain network with stc Bahrain. This partnership makes stc Bahrain one of the prominent validators in the ZetaChain ecosystem, joining Google Cloud and Coinbase.

The integration of the ZetaChain network will contribute to enhancing decentralized Web3 application compatibility in the region. Saad Odeh, Chief Wholesale Officer at stc Bahrain, expressed his enthusiasm for this venture, highlighting that "Working with ZetaChain is a major step forward in our journey towards enabling a seamlessly integrated Web3 ecosystem. The universal blockchain of ZetaChain makes it easier for users to traverse across blockchains and reflects our efforts to develop blockchain in the Middle Eastern market."

It's worth mentioning that the ZetaChain network boasts a robust and scalable ecosystem, evidenced by over 4M independent wallets, 154M+ transactions, and collaborations with over 300+ dApps. Through this partnership, stc Bahrain will leverage ZetaChain technology to empower developers and enterprises in building advanced cross-chain integration solutions.

Moreover, stc Bahrain, as a validator in the partnership, will play a crucial role in the movement to drive blockchain adoption and innovation. This partnership will pave the way for the implementation of blockchain services and products catered specifically to the Middle East market within the context of the expanding global blockchain market.

As blockchain technology implementation progresses in the future, the partnership between ZetaChain and stc Bahrain signifies a drive to develop the technology in the region. With stc Bahrain's vast customer network and technical expertise to grasp the potential of blockchain, it can enable developers and businesses to achieve greater possibilities with blockchain.

This partnership is not only beneficial to ZetaChain and stc Bahrain but also to those who are actively trying to make blockchain more ordinarily accessible and convenient in everyday life through Web 3. Combined, their goals envisage a future in which everyone can easily interact with the blockchain ecosystem without interruptions and bottlenecks.

Thus, the partnership reflects the focus on deepening cross-industry cooperation to drive the adoption of blockchain and lay the foundations for fundamental advancements in Web3 technologies.

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