Close Menu
    Tripoli WireTripoli Wire
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Tripoli WireTripoli Wire
    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

    Pingtairong Group Attended the 2026 Sustainable Markets Initiative China Forum

    July 7, 2026

    TECNO and Angélica Dass Co-Launched “100 Portraits of Becoming,” A Living Archive of Human Possibilities

    July 7, 2026

    Global Icon Deepika Padukone and Hilton Celebrate the Power of The Stay In the Next Chapter of Their Internationally Acclaimed Campaign

    July 7, 2026

    SAUDI INTRODUCES “PACKAGE VISA”, INTEGRATING TRAVEL BOOKING WITH EASIER VISA APPLICATION

    July 7, 2026

    LG REVEALS ON-SCREEN CELEBRITY GUEST HISHAM ALHOWAISH AND EMOTIONAL SIBLING HOME MAKEOVER IN ‘LIFE’S GOOD WAYYAK’ FINALE

    July 6, 2026

    World’s First International Patient Begins Treatment with Newly Approved Solid Tumor CAR-T Therapy at Jiahui International Cancer Center

    July 6, 2026
    Latest News

    Iraq sets Halliburton contract for Basra oil fields

    July 6, 2026

    BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year…

    India and Japan expand AI and economic security ties

    July 4, 2026

    Emirates tops 1 million Starlink Wi-Fi connections

    July 3, 2026

    World Bank backs Morocco hydropower storage with $265m

    July 3, 2026

    Oyarzabal brace sends Spain past Austria at World Cup

    July 3, 2026

    South Korea exports reach record US$102.25 billion in June

    July 2, 2026

    Harry Kane lifts England into World Cup round of 16

    July 2, 2026

    Japan new car sales rise 1.8% in first half of 2026

    July 2, 2026
    © 2026 Tripoli Wire | All Rights Reserved
    • Home
    • Contact Us

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