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Manama, Bahrain, April 16, 2024, Chainwire
By collaborating with Aleph Zero, stc Bahrain aims to leverage state-of-the-art solutions to improve privacy, security and decentralization in the digital space.
stc Bahrain, a premier digital enabler, has announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, as part of its Web3 Launchpad program. This collaboration reinforces stc Bahrain’s commitment to supporting the growth and development of blockchain technologies across the Gulf region.
Supported by stc's Web3 Launchpad program, this collaboration will expand Aleph Zero's network through the deployment of validator nodes, strengthening the blockchain's infrastructure with stc Bahrain's robust digital capabilities. This partnership not only expands stc Bahrain's infrastructure offering, but also supports a network that stands out for its focus on privacy, scalability, security and speed.
In an ever-evolving and crowded Web3 landscape, Aleph Zero stands out for its technological excellence and standout approach to addressing key challenges of on-chain data protection and enterprise-level scalability. With a unique consensus protocol, AlephBFT, and a public network that provides robust data protection technology through a combination of Zero-Knowledge Proofs (ZK-SNARKs) and Secure Multi-Party Computation (sMPC), Aleph Zero provides a secure, scalable solution setting the foundation for private, verifiable transactions without disclosing sensitive data.
“stc Bahrain is pleased to welcome Aleph Zero as a Pearling Path partner in our Web3 Launchpad program. This collaboration brings us closer to creating a secure and integrated digital ecosystem in the Gulf. Aleph Zero brings valuable privacy-enhancing technology and a scalable, decentralized system and network that aligns with our goals for a seamless digital future.” said Mr. Saad Odeh, Chief Wholesale Officer at stc Bahrain.
Antoni Zolciak, co-founder of Aleph Zero, added: “stc Bahrain is at the forefront of innovation in the Gulf region and is pioneering the adoption of Web3 and Blockchain solutions.” Aleph Zero is pleased to partner with stc and is in line with our commitment to secure , scalable and privacy-focused blockchain infrastructure. We look forward to seeing how our collective efforts will contribute to the advancement of a more secure, decentralized digital DePIN ecosystem across the Middle East.”
As the Web3 ecosystem expands, the need for robust privacy, security, and decentralization becomes increasingly important. This partnership with Aleph Zero is in line with stc Bahrain's vision to advance a secure, decentralized Internet of Value. By supporting Aleph Zero's infrastructure, stc Bahrain positions itself at the forefront, fostering a digital ecosystem that is both secure and private.
Aleph Zero's commitment to decentralization as well as its broad cross-industry applicability make it the ideal ally for STC Bahrain. With more than 40 ongoing use cases, from secure data sharing to private voting, Aleph Zero will drive significant advancements across the digital landscape.
About stc Bahrain
stc Bahrain, a subsidiary of stc Group, is the fastest growing and most innovative telecommunications operator in Bahrain. Since its founding in 2010, stc Bahrain revolutionized the telecommunications industry in the Kingdom of Bahrain and quickly became the market leader, a position it maintains to this day by investing in next-generation technologies and introducing innovative solutions for the people of Bahrain. In 2018, stc Bahrain revolutionized the fintech industry with its service ecosystem stc pay.
stc Bahrain has achieved many local, regional and global breakthroughs, winning over 20 awards in just 11 years as the best, broadest and fastest network, connecting people with a variety of powerful products and services. Its ongoing commitment to innovation has made it a driving force in providing telecommunications, digital and mobile financial services to everyday customers, homes and businesses. Together with a wide range of benefits and customizable offerings that provide the utmost control and flexibility in a world of evolving digital needs, stc Bahrain is now not only the preferred telecom network in Bahrain, but also the most forward-thinking, fearless disruptor in telecom and fintech.
For more information, users can visit https://www.stc.com.bh/ or follow stc Bahrain Twitter
About Aleph Zero
Aleph Zero is a Layer 1 blockchain designed for speed, data confidentiality, and ease of development. It achieves efficiency comparable to traditional Web2 systems, maintains strict data protection standards via ZKP and MPC, and provides a comprehensive toolset for WASM-based Web3 development in Rust. Aleph Zero's versatility is highlighted by the active development of over 40 use cases, demonstrating its adaptability to various industries and applications. These use cases are part of an engaged community and growing ecosystem of Web3 applications powered by Aleph Zero programs.
For more information, users can visit https://alephzero.org/ or follow Aleph Zero's Twitter
ContactPR managerJosh AdamsAleph zero[email protected]
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