Close Menu
    Kuwaiti MediaKuwaiti Media
    • Home
    • Contact Us
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Kuwaiti MediaKuwaiti Media
    Home » Aramco and droppGroup sign Web3 Technology Collaboration MoU
    PR Newswire

    Aramco and droppGroup sign Web3 Technology Collaboration MoU

    February 28, 2023
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Groundbreaking innovation collaboration, exploring ways to create Global Tokenized Network connecting all Aramco stakeholders, unveiled at the iktva 2023 Forum & Exhibition

    DHAHRAN, Saudi Arabia, Feb. 28, 2023 /PRNewswire/ — droppGroup (“dropp”) today announced the signing of an industry-first Web3 Technology Memorandum of Understanding with Aramco, to explore how the parties may collaborate together to apply dropp’s proprietary Web3 technology in furtherance of the Kingdom of Saudi Arabia’s “Vision 2030” quality of life program.

    Nabil Alnuaim, senior Vice President of Digital and Information Technology and Faisal Almonai, Global Chairman of droppGroup sign MoU at IKTVA 2023, Dhahran, Saudi Arabia.

    Through this collaboration, dropp and Aramco will explore co-developing a wide range of unique Web3 innovations that have potential to benefit Aramco employees, including an experiential on-boarding and training ecosystem, and a fully interoperable tokenized network and Web3 rewards program.

    About droppGroup
    droppGroup (“dropp”), creates communities and Web3 experiences for enterprise clients & users through its proprietary tech stack including Ai/ML, Extended Reality (XR), tokenized networks, contextual learning and customized metaverse environments. dropp’s solutions are based on the development and deployment of phygital innovations connecting the physical and digital worlds to deliver unique value to all stakeholders.

    Headquartered in New York with additional operational hubs in Canada and Saudi Arabia, dropp has developed multiple proprietary, patent-protected innovations in artificial intelligence, machine learning, XR, computer vision algorithms and streaming.
    For more info, please visit droppgroup.xyz

    Logo

    Photo – https://mma.prnewswire.com/media/2009981/droppGroup_x_Aramco_Announcement_Image.jpg
    Logo – https://mma.prnewswire.com/media/1223355/droppTV_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/aramco-and-droppgroup-sign-web3-technology-collaboration-mou-301757595.html

    Related Posts

    Venus Medtech Hosts Inaugural Global Partner Summit in Paris

    May 26, 2026

    1291 Group Acquires IPG, Strengthening Global Wealth Protection Across the Americas

    May 26, 2026

    Invest Qatar Visits SUS ENVIRONMENT’s Jiaxing Waste-to-Energy Plant, Exploring Clean Energy Collaboration in the Middle East

    May 26, 2026

    Huawei Hosts 3rd Global C&I Visionaries Summit, Shaping a Greener Future Across Diverse Industries

    May 25, 2026

    QIA Anchors Public Power Corporation’s Share Capital Increase

    May 25, 2026

    Armaf Unveils ‘Soda Pop’, a New Gourmand Fragrance from the Odyssey Collection

    May 25, 2026
    Latest News

    Measles outbreak in Bangladesh passes 60,000 cases

    May 23, 2026

    PM Modi and Meloni spotlight deepening India-Italy ties

    May 21, 2026

    UAE and Germany review strategic ties in Berlin

    May 21, 2026

    Etihad expands Paris route with double daily A380 flights

    May 20, 2026

    Japan and South Korea launch energy security framework

    May 20, 2026

    South Korea launches $665.5 million industrial growth fund

    May 20, 2026

    GME posts strongest trading week in two decades

    May 19, 2026

    Dubai Green Corridor keeps cargo moving during disruptions

    May 18, 2026
    © 2026 Kuwaiti Media | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.