stc Bahrain and Lionscraft have formed a strategic partnership to jointly develop a framework for the upcoming Web3 digital transformation.
The goal of this collaboration is to position stc Bahrain as a leading provider of Web3 framework solutions not only in Bahrain but across the wider Middle East region. This will facilitate the development and deployment of innovative Web3 solutions in the country.
The collaborative effort took place within the Sandbox metaverse and showcased the innovative spirit of both organizations. The transaction additionally consisted of non-fungible tokens (NFTs) on the Avalanche network.
Saad Odeh, Chief Wholesale Officer at stc Bahrain, asserts that the organization will offer a range of Web3 framework solutions that enable robust user exposure while ensuring improved data control and user privacy.
Antonio Bartulovic, co-founder of Lionscraft, claims that the organization’s partnership with stc Bahrain will foster the creation of a digital infrastructure that fosters innovation and encourages others to contribute to its development. In addition to driving transformational change, the collaboration between the two companies will pave the way for a variety of opportunities related to stc Bahrain and related to Web3.
stc Bahrain is a subsidiary of stc group and is actively strengthening its position in Bahrain’s digital, mobile and telecom finance sectors. Since its founding in 2010, it has revolutionized the telecom sector and risen to the pinnacle of the industry. stcpay ecosystem products surpassed fintech in 2018. Thanks to its 11 years of industry leadership, the organization has received a total of 20 recognitions.
The founding of Lionscraft coincided with the advent of the digital revolution. A leading Web3 technology and strategy company. It enhances an organization’s ability to adapt to the ever-evolving Web3 environment while providing cutting-edge business and technology services. They are interconnected with various vertices such as finance, technology, and communications, bringing a paradigm shift in the trajectory of Web3.