Manama, Bahrain – On April 16th, 2024, stc Bahrain announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, through its Web3 Launchpad program. This collaboration highlights stc Bahrain’s dedication to fostering the growth and development of blockchain technologies in the Gulf region.
As part of stc’s Web3 Launchpad Program, this collaboration will strengthen Aleph Zero’s network by deploying validator nodes, utilizing stc Bahrain’s robust digital capabilities. This partnership expands stc Bahrain’s infrastructure offerings and supports a network known for its focus on privacy, scalability, security, and speed.
In the constantly evolving web3 landscape, Aleph Zero stands out for its technological excellence and innovative approach to addressing key challenges such as on-chain privacy and enterprise-grade scalability. With its unique consensus protocol, AlephBFT, and a public network that incorporates Zero-Knowledge Proofs (ZK-SNARKs) and Secure Multi-Party Computation (sMPC), Aleph Zero provides a secure and scalable solution, laying the foundation for private and verifiable transactions without compromising sensitive data.
Mr. Saad Odeh, Chief Wholesale Officer at stc Bahrain, expressed his excitement about the partnership, stating, “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.”
Antoni Zolciak, Co-Founder of Aleph Zero, also shared his enthusiasm, saying, “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.”
As the Web3 ecosystem continues to expand, the need for robust privacy, security, and decentralization becomes increasingly vital. This partnership with Aleph Zero aligns with stc Bahrain’s vision of promoting a secure, decentralized Internet of Values. By supporting Aleph Zero’s infrastructure, stc Bahrain positions itself as a leader in fostering a digital ecosystem that prioritizes security and privacy.
Aleph Zero’s dedication to decentralization, along with its wide applicability across industries, makes it an ideal ally for stc Bahrain. With over 40 use cases in progress, ranging from secure data exchanges to private voting, Aleph Zero is set to 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 establishment in 2010, stc Bahrain has revolutionized the telecommunications industry in the Kingdom and quickly became a market leader. They have earned over 20 awards in just eleven years for being the best, widest, and fastest network that connects people with a range of empowering products and services. Their persistent dedication to innovation has positioned them as a driving force in delivering telecommunications, digital, and mobile financial services for everyday customers, homes, and businesses. For more information, visit https://www.stc.com.bh/ or follow stc Bahrain on Twitter.
About Aleph Zero:
Aleph Zero is a layer 1 blockchain designed for speed, data confidentiality, and ease of development. It achieves efficiencies similar to conventional web2 systems, maintains strict data protection standards through ZKP and MPC, and offers a comprehensive toolset for WASM-based web3 development in Rust. Over 40 use cases are currently being developed within an engaged community and growing ecosystem of web3 applications supported by Aleph Zero programs. For more information, visit https://alephzero.org/ or follow Aleph Zero on Twitter.
Contact:
PR Manager
Josh Adams
Aleph Zero
[email protected]
