Eleven01 Forays into the Middle East in Partnership with BlocMint

We’re happy to announce that we have entered into a strategic alliance with Blocmint, a solution provider for digital transformation with a focus on the Middle East region. Through this partnership, Blocmint will work towards building a dApp using the Eleven01 protocol and will facilitate growth and development with the blockchain sector in the region through knowledge-sharing initiatives.

The UAE is poised to become the world’s first blockchain-powered government. In April 2018, the Emirates Blockchain Strategy 2021 was announced by the UAE Government aimed at capitalizing on blockchain technology to transform 50 percent of government transactions via a Blockchain platform by 2021. Additionally, the ambitious Vision2030 announced by Saudi Arabia is aimed towards digital transformation with the implementation of emerging technologies such as blockchain, artificial intelligence, and Internet of Things.

Blocmint is a B2B solutions provider, offering tailor-made emerging technology solutions. The company aims to make significant contributions to the digital transformation of government and corporate entities by incorporating blockchain, financial technology and artificial intelligence.

Commenting on the partnership, Amer Yaghi, CEO of Blocmint said, “We want to excel at developing technological applications and systems that enhance and drive the blockchain implementation. As digitization is the way forward, we want to leverage the Eleven01’s capabilities and competencies to adds an indispensable value to our services.”

Ausaf Ahmad, CEO of Eleven01 added, “Eleven01 intends to empower developers from around the world with an easy-to-use protocol to build a plethora of dApps across various industry verticals, bringing global mainstream adoption for blockchain. With Blocmint we will continue our expansion and look forward to forging similar partnerships across the world to pave the path for innovation and real-world adoption in business.”