{"id":48750,"date":"2021-06-30T12:02:13","date_gmt":"2021-06-30T12:02:13","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=75833"},"modified":"2021-06-30T12:02:13","modified_gmt":"2021-06-30T12:02:13","slug":"casperlabs-sjm-group-partner-to-promote-web3-adoption-in-the-united-arab-emirates","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/casperlabs-sjm-group-partner-to-promote-web3-adoption-in-the-united-arab-emirates\/","title":{"rendered":"CasperLabs & SJM Group Partner to Promote Web3 Adoption in the United Arab Emirates"},"content":{"rendered":"

DUBAI, United Arab Emirates, June 30, 2021 (GLOBE NEWSWIRE) — Today, CasperLabs<\/a>, a leading blockchain services company and developer of the Casper Network<\/a>, announced a partnership with His Highness Sheikh Juma bin Maktoum Al Maktoum\u2019s\u00a0SJM Group of Companies<\/a> to establish their local presence to facilitate use for the Casper Network in the UAE.<\/p>\n

In tandem with Lead Ventures<\/u><\/a>, CasperLabs will work closely with local government agencies and UAE-based enterprises to conceptualize, develop and implement innovative use cases that leverage Casper\u2019s unique combination of enterprise-grade security, scalability and decentralization.<\/p>\n

The partnership is the latest milestone in CasperLabs\u2019 expanding presence in the Middle East and North Africa (MENA), and comes on the heels of Saeed Hareb Al Darmaki\u2019s appointment as Managing Director, MENA for CasperLabs. CasperLabs first entered into the region earlier this year through a strategic partnership with Lead Ventures and the endorsement from His Highness will further drive momentum in the market.<\/p>\n

Since its mainnet launch this spring, Casper has emerged as the only true enterprise grade blockchain on the market, offering a compelling alternative to networks that have failed to garner adoption for enterprise use cases. A\u00a0growing number of organizations are building on Casper<\/u><\/a>, citing its\u00a0more predictable and cost-effective gas pricing<\/u><\/a>, ease of migration for existing apps\/dapps, the more environmentally-friendly energy consumption model<\/u><\/a> and CasperLabs\u2019 whiteglove support and services as primary factors for choosing to build on the network.<\/p>\n

Known globally for its spirit of innovation, the UAE is exploring building on Casper for various use cases such as financial services; proven authenticity and sourcing for the Dubai Gold and Commodities Exchange; creation of a national UAE identity solution; certificate, registry and notary signing using\u00a0a dapp like CasperSign<\/u><\/a>; and university credential verification, to name a few.<\/p>\n

\u201cOur Group\u2019s vision is aligned with the initiatives of the UAE Government and the regional companies who have consistently accepted and implemented newer technologies in their daily needs. We are pleased to have CasperLabs partner with us to bring its expertise to develop further growth in these sectors,\u201d said HH Sheikh Juma Bin Maktoum Al Maktoum, Chairman SJM Group of Companies.<\/p>\n

\u201cCasperLabs is honored to be partnering with His Highness\u2019 SJM Group of Companies and the UAE on government initiatives. We have seen a remarkable demand for Web3 solutions in this region and we are excited to finally be able to deliver a network that meets the needs for a robust enterprise network. We are honored to be building out the Casper ecosystem in the region with the support of a visionary leader,\u201d said Mrinal Manohar, CEO & CoFounder CasperLabs.<\/p>\n

About CasperLabs <\/b>
\nCasperLabs provides professional services and support for organizations building on the Casper network. Guided by open source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public and hybrid blockchain applications. Its team possesses deep enterprise technology experience, hailing from organizations including Google, Adobe, AWS, Dropbox and Microsoft.<\/p>\n

To learn more, visit\u00a0casperlabs.io<\/u><\/a>.<\/p>\n

Media Contact<\/b>
\nKara Miley
\nkara@serotonin.co<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

DUBAI, United Arab Emirates, June 30, 2021 (GLOBE NEWSWIRE) \u2014 Today, CasperLabs, a leading blockchain services company and developer of the Casper Network, announced a partnership with His Highness Sheikh Juma bin Maktoum Al Maktoum\u2019s\u00a0SJM Group of Companies to establish their local presence to facilitate use for the Casper Network in the UAE. In tandem [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nCasperLabs & SJM Group Partner to Promote Web3 Adoption in the United Arab Emirates - Kuwait News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuwaitnewsgazette.com\/casperlabs-sjm-group-partner-to-promote-web3-adoption-in-the-united-arab-emirates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CasperLabs & SJM Group Partner to Promote Web3 Adoption in the United Arab Emirates - Kuwait News Gazette\" \/>\n<meta property=\"og:description\" content=\"DUBAI, United Arab Emirates, June 30, 2021 (GLOBE NEWSWIRE) \u2014 Today, CasperLabs, a leading blockchain services company and developer of the Casper Network, announced a partnership with His Highness Sheikh Juma bin Maktoum Al Maktoum\u2019s\u00a0SJM Group of Companies to establish their local presence to facilitate use for the Casper Network in the UAE. 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