stc Bahrain, a world-class digital enabler, announced a strategic partnership with Lionscraft to build the infrastructure for the next digital evolution, Web3.
This collaboration aims to position stc Bahrainas the leading provider of Web3 infrastructure services in the Kingdom of Bahrain and the broader Middle East region. The partnership will facilitate the development and deployment of innovative Web3 solutions in the region.
The signing ceremony for this partnership took place entirely within the Sandbox Metaverse, showcasing the innovative spirit of both entities and setting a precedent for future digital engagements in the region. Additionally, the partnership agreement itself was deployed as a Non-Fungible Token (NFT) on the Avalanche network, further demonstrating the commitment to embracing the transformative potential of Web3.
This collaboration between Lionscraft and stc Bahrain marks a significant step towards realizing the immense potential of Web3 in Bahrain and the Middle East region. The partners invite Web3 leaders and all interested parties to join in shaping the future of the digital economy, and exploring the transformative possibilities of a decentralized future.
stc Bahrain chief wholesale officer Saad Odeh
Web3 is progressively solidifying its form. While it may be perceived as another iteration of the internet, it represents a generational shift. stc BH will offer several Web3 infrastructure services, serving as a cornerstone to enable dynamic user experiences while ensuring greater data sovereignty and privacy to internet users. We are thrilled to contribute to establishing the groundwork for the future and spearheading the transformation of the digital experiences in MENA region. We are committed to executing our mandate of empowering the next phase of digital transformation in alignment with the Bahrain Economic Vision 2030.
Founder Antonio Bartulovic
Our partnership with stc Bahrain is a foundational step for Web3 in a region witnessing rapid user growth. By establishing this digital infrastructure, we provide a base for further innovation, inviting others to build upon it. I'm excited about this collaborative effort, as it opens up significant opportunities for stc Bahrain, the Web3 space, and sets us on a path towards transformative change.
