FAB Partners with Smart Transformation Saudi to Build a Regional Enterprise Blockchain Ecosystem
Asia and the Middle East is a region ripe for enterprise blockchain solutions
FAB is pleased to announce a partnership with Smart Transformation Saudi.
Smart Transformation Saudi is a project based out of King Fahd University of Petroleum and Minerals Entrepreneurship Institute. STS is an integral part of the Dhahran Techno Valley Innovation ecosystem and has direct access to a wide range of global industry partners (Schneider Electric, ARGAS, Saudi Electric Company, Sinopec, Saudi Aramco, EMERSON, Weatherford, Halliburton, General Electric, ROSEN, Honeywell, AMIANTIT, Schlumberger, YOKOGAWA, BAKER HUGHES, SPICHEM).
STS is bringing the power of disruptive technologies to foster innovation through education, development services, community building and entrepreneurial consulting. Their solutions will enable new business models or improve existing processes, and most importantly, build new capabilities in Saudi Arabia and in the Middle East region.
“We at Smart Transformation located at King Fahd University of Petroluem and Minerals are thrilled to sign this strategic partnership with Fast Access Blockchain, we believe that we share the same vision of developing the next generation of Blockchain applications and having FAB as partner will enable us to build a strong ecosystem, we are discussing with the team at FAB few strategic initiatives in the region and globally and we will be making further announcements in the next couple weeks.”
STS’ vision is in line with the country’s 2030 vision. Smart Transformation Saudi is committed to bringing forward the goal of transforming the country’s unique strategic location into a global hub connecting three continents: Asia, Europe and Africa.
STS aspires to become a leader in emerging technologies, improving existing processes in different industries and enabling new business models to create added value to our communities and the society as a whole.
For more information on the project, please visit www.stschain.com. For inquiries into the partnership, contact us at info@fa.biz.
info@fa.biz
