Monday, December 23, 2024

stc Bahrain Collaborates with ZetaChain to Enhance Web3 Interoperability in the Middle East

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KEY TAKEAWAYS

  • stc Bahrain partners with ZetaChain to enhance blockchain interoperability through its Web3 Launchpad Program.
  • The collaboration positions stc Bahrain as a validator on ZetaChain’s mainnet, ensuring network security and scalability.
  • This partnership supports Bahrain’s Vision 2030 by advancing blockchain technology and fostering a robust Web3 ecosystem in the Middle East.

stc Bahrain, a leading digital enabler in the Middle East, has announced a partnership with ZetaChain to secure its Universal Blockchain. This collaboration is part of stc Bahrain’s Web3 Launchpad Program under the Pearling Path initiative. The partnership aims to enhance blockchain interoperability and accelerate the growth of Universal Apps across the region.

As part of this collaboration, stc Bahrain will operate as a validator on the ZetaChain mainnet. This role is crucial for ensuring the network’s security and scalability, allowing developers to build and deploy Universal Apps that are natively accessible from all major blockchains, including the Bitcoin network.

Saad Odeh, Chief Wholesale Officer at stc Bahrain, stated, “This partnership with ZetaChain represents a major step forward in enabling secure access to fully interoperable Web3 applications.” He emphasized that ZetaChain’s Universal Blockchain simplifies the Web3 user experience across all chains, aligning with stc Bahrain’s commitment to advancing blockchain technology in the region.

Jonathan Covey, Core Contributor at ZetaChain, highlighted the significance of stc Bahrain’s role, noting that their leadership in telecom and their award-winning Web3 launchpad program make them an ideal partner. Covey stated that stc Bahrain’s involvement as a validator will strengthen ZetaChain’s ecosystem in the Middle East and unlock new Universal Apps that operate natively across Bitcoin and any blockchain from a single platform.

Growing Universal Blockchain Innovation in the Middle East

This partnership underscores stc Bahrain’s commitment to fostering an interoperable and accessible Web3 ecosystem. It aligns with Bahrain’s Vision 2030, which focuses on bringing unique blockchain solutions and new technologies to the region. With ZetaChain’s expanding ecosystem, which includes over 4 million unique wallets, 154 million transactions, and more than 300 dApp integrations, stc Bahrain is enabling developers and enterprises to deliver seamless cross-chain functionality, advancing the adoption of blockchain technologies across the Middle East and beyond.

The collaboration was announced here.


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Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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