Through this partnership with Aleph Zero, stc Bahrain hopes to use state-of-the-art technologies to improve digital privacy, security, and decentralization.
As part of its Web3 Launchpad initiative, stc Bahrain, a leading global digital enabler, has announced its collaboration with Aleph Zero, a privacy-enhancing Layer 1 blockchain. This partnership strengthens stc Bahrain’s resolve to promote the expansion and advancement of blockchain technology throughout the Gulf.
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With the support of stc Bahrain’s Web3 Launchpad Program, this partnership will strengthen Aleph Zero’s network through the deployment of validator nodes, combining the blockchain’s strong digital capabilities. Through this agreement, stc Bahrain’s infrastructure options are expanded, and a network known for its emphasis on privacy, scalability, security, and speed is securely supported.
Aleph Zero stands out in the busy and constantly changing web3 scene for its exceptional approach to solving the two main problems of on-chain privacy and enterprise-grade scalability, as well as its superior technological capabilities.
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It provides a secure and scalable solution by utilizing a novel consensus protocol called AlephBFT and a public network that provides strong privacy technology by combining Zero-Knowledge Proofs and Secure Multi-Party Computation. This lays the groundwork for private and verifiable transactions while keeping sensitive data.
“stc Bahrain is pleased to welcome Aleph Zero as a Pearling Path Partner within 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 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, spearheading the introduction of Web3 and blockchain solutions. Aleph Zero is delighted to partner with stc, aligning with our commitment to secure, scalable, and privacy-centric blockchain infrastructure. We’re eager to see how our combined efforts will contribute to the advancement of a more secure, decentralized DePIN digital ecosystem across the Middle East.”
The demand for strong privacy, security, and decentralization grows as the Web3 ecosystem develops. This collaboration with Aleph Zero is in line with stc Bahrain’s goal of advancing the development of a safe, decentralized Internet of values. Stc Bahrain is in the forefront, supporting Aleph Zero’s infrastructure and promoting a private and secure digital ecosystem.
Aleph Zero is a perfect ally for stc Bahrain because of its commitment to decentralization and broad industry application. With over 40 active use cases ranging from private voting to secure data exchanges, Aleph Zero is poised to propel major developments in the digital space.
About stc Bahrain
stc Bahrain is Bahrain’s most inventive and rapidly expanding telco. By investing in next-generation technology and offering creative solutions to Bahrainis, STC Bahrain transformed the telecoms sector in the Kingdom of Bahrain since its founding in 2010 and swiftly rose to the top of the market. It has maintained this position to this day. 2018 saw stc Bahrain’s stc pay ecosystem of services upend the fintech industry.
About Aleph Zero
Layer 1 blockchain Aleph Zero is designed for ease of use, speed, and data secrecy. It reaches similar efficiency as traditional web2 systems, maintains strict data protection standards using ZKP and MPC, and provides a full toolkit for WASM-based web3 development in Rust.
