Morocco ReportMorocco ReportMorocco Report
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
Reading: Aramco and droppGroup sign Web3 Technology Collaboration MoU
Share
Font ResizerAa
Font ResizerAa
Morocco ReportMorocco Report
Search
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
© 2022 Morocco Report | All Rights Reserved
Home » Aramco and droppGroup sign Web3 Technology Collaboration MoU
PR Newswire

Aramco and droppGroup sign Web3 Technology Collaboration MoU

Published: February 28, 2023
Share
SHARE

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

You Might Also Like

Unwind in Your Home Sanctuary with Toshiba TV
Valinor Pharma Announces Acquisition by Grünenthal with a Total Deal Value of Approximately $250 Million
BingX Launches SuperX Trading Competition With 1.2 Million USDT
Bank of Kigali Plc partners with Veefin Solutions to Pioneer Digital Lending Innovation in Africa
Leading Indonesian Fintech JULO Pioneers Healthcare Financing for Any Hospital, Any Dentist, Any Clinic in a Few Clicks
Share This Article
Facebook TwitterEmail Print
Previous Article Roche joins forces with the U.S. Centers for Disease Control and Prevention to strengthen laboratory systems in the fight against the HIV and tuberculosis epidemics
Next Article New round of AGYLE business programme now open for applications: looking for 40 young leaders from Africa and Germany

Latest News

Pakistan emerges as main driver of MENAAP poverty rise
India water reforms draw wider Global South interest
Sheikh Mohamed bin Zayed hosts Senator Joni Ernst for talks
PM Narendra Modi commends pilot Smit Machchhar for bravery
India strengthens naval reach across key global waters
Imran Khan protest nears as son alleges tyranny in Pakistan
© 2026 Morocco Report | All Rights Reserved
  • Home
  • Contact Us
Welcome Back!

Sign in to your account