Partnership between Everything Blockchain Inc. and Al Rushaid Technologies to offer highly differentiated data protection solutions in MENA region
On April 4th, it was announced that Everything Blockchain Inc. (EBI) has reached a partnership with Al Rushaid Technologies (ART) today. The two companies will work together to pro
On April 4th, it was announced that Everything Blockchain Inc. (EBI) has reached a partnership with Al Rushaid Technologies (ART) today. The two companies will work together to provide highly differentiated data protection solutions for countries in the Middle East and North Africa. This five-year distribution agreement, totaling $47 million, is based on performance and is paid in installments to EBI. ART will become the exclusive agent of the company’s EB control platform in several Middle East and North African countries, including Saudi Arabia, Bahrain, Kuwait, United Arab Emirates, Oman, and Egypt. （Globe Newswire）
Blockchain company EBI collaborates with Al Rushaid Technologies to expand global business
Introduction
– Announcement of partnership between Everything Blockchain Inc. (EBI) and Al Rushaid Technologies (ART) on April 4th
– Objective of partnership is to provide differentiated data protection solutions for countries in the Middle East and North Africa (MENA) region
– Distribution agreement for 5 years totalling $47 million based on performance, paid in installments to EBI
– ART becomes exclusive agent of EBI’s EB control platform in several MENA countries
Background
– Increasing number of cyber threats and data breaches in the MENA region
– Growing need for advanced data protection solutions
– Limited options for data protection solutions that are highly differentiated and tailored to specific needs of MENA region
Partnership Details
– EBI to provide its EB control platform, a highly secure and scalable blockchain-based platform for data protection
– ART to distribute and provide technical support for EB control platform in MENA region
– ART to leverage its extensive network and expertise in Middle East and North Africa to expand EB control platform’s reach
Benefits of EB Control Platform
– Highly secure platform based on blockchain technology
– Scalable solution that can handle large volumes of data
– Highly customizable to meet specific needs of MENA region
– Uses advanced encryption and authentication technology
Impact of Partnership
– Will help MENA region to overcome existing gaps in data protection solutions
– Will provide highly differentiated and tailored data protection solutions to businesses and governments in MENA region
– Will support sustainable growth of businesses in MENA region by providing secure and advanced data protection solutions
– Will contribute to the development and growth of blockchain technology in MENA region
Conclusion
Partnership between Everything Blockchain Inc. and Al Rushaid Technologies is a significant step towards providing advanced and highly differentiated data protection solutions to businesses and governments in the MENA region. The partnership will help close existing gaps in data protection solutions and will contribute to the growth and development of blockchain technology in the region.
FAQs
1. What is the EB control platform?
The EB control platform is a highly secure and scalable blockchain-based platform for data protection.
2. What countries in the MENA region will ART become the exclusive agent of the EB control platform in?
ART will become the exclusive agent of the EB control platform in several countries, including Saudi Arabia, Bahrain, Kuwait, United Arab Emirates, Oman, and Egypt.
3. What is the objective of the EBI-ART partnership?
The objective of the partnership is to provide highly differentiated data protection solutions to countries in the Middle East and North Africa region.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/20254/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Credit Suisse rejects UBS’s $1 billion acquisition offer
According to reports, Credit Suisse is said to be rejecting UBS’s $1 billion acquisition offer. Previously, UBS proposed to acquire Credit Suisse for up to US $1 billion and acquire Credit Suisse shares for 0.25 Swiss francs per share. Credit Suisse reportedly will reject UBS’s $1 billion acquisition offer Analysis based on this information:Three keywords: Credit Suisse, UBS, acquisition offer Swiss financial services company, Credit Suisse, has reportedly rejected the acquisition bid proposed by rival firm, UBS. According to reports, UBS offered to acquire Credit Suisse for up to one billion US dollars, as well as acquire Credit Suisse shares for 0.25 Swiss francs per share. It is said that Credit Suisse deemed this offer insufficient and declined the proposal. The decision to reject the acquisition offer likely stems from Credit Suisse’s strong financial position despite the challenges posed by the COVID-19 pandemic. The company has reported strong quarterly results and has seen a rise in net income, indicating that…
-
Avalanche’s daily active address reaches a new high in 6 months
According to reports, according to Artemis, a blockchain data company, the daily active addresses of the Layer1 blockchain protocol Avalanche reached nearly 80000 on April 12th, re
-
Everywhere Finance Raises $1.6 Million Through Token Sales
According to reports, the full chain wallet Everywhere Finance completed nearly $1.6 million in financing through token sales. Everywhere Finance was founded by Na ï m Boubziz, a f
-
CryptoQuant: BUSD exchange balance decreased by 500 million pieces
According to reports, CryptoQuant data shows that after the CFTC initiated a lawsuit against the currency security incident in the United States, the balance of the BUSD exchange d
-
Work Plan for Deepening the Pilot Work of Digital RMB in Yiwu Small Commodity Market
It is reported that the Joint Office of the Leading Group for the Pilot Work of Digital RMB in Yiwu City has released the \”Work Plan for Deepening the Pilot Work of Digital RMB in
-
Magic Eden Launches Fully Audited Bitcoin NFT Market
According to reports, Magic Eden is launching a fully audited Bitcoin NFT market. Traders on Magic Eden will be able to purchase inscriptions or non counterfeit tokens forged on Sa
-
DAOMAker hacker address has transferred 100000 DAIs to Tornado Cash
According to reports, according to PeckShieldAlert alert monitoring, the hacker address marked as DAOMaker Explorer has transferred 100000 DAIs from Tornado Cash.
DAOMAker hacker a -
The project “Demonstration Application of Trusted Carbon Trading and Carbon Neutralization Management Based on Blockchain” was launched in Beijing
It is reported that recently, under the guidance of the Beijing Electric Power Trading Center and the leadership of the State Grid Digital Technology Holdings Co., Ltd., the projec
-
The Bank of England plans to limit the use of stable currency for payments in new encryption regulations
According to reports, Bank of England Vice President Jon Chunliffe stated in his speech at the annual Innovation Finance Global Summit that the Bank of England (BoE) will consider
-
Doubts Raised as Silicon Valley Bank’s Executives Sell Millions of Dollars Worth of Shares
It is reported that Becker, the chief executive of Silicon Valley Bank, has sold nearly US $30 million of shares in the past two years, triggering new doubts about the sale of shares by insiders of the bank. Becker sold $3.6 million worth of shares on February 27, and just a few days later, the bank disclosed a huge loss, which triggered the decline and collapse of the share price. According to Smart Insider, Becker has sold a total of 29.5 million shares in the past two years. Other executives of Silicon Valley Bank, including the chief marketing officer and chief financial officer, have also sold shares worth millions of dollars since 2021. The bank’s executives and directors have cashed out a total of $84 million worth of shares in the past two years. The executives of Silicon Valley Bank cashed out $84 million of shares in two years, raising doubts Analysis based on this information:The news that the chief…
-
The Million-Dollar Pudgy Penguin NFT: Understanding the Craze and Its Impact on the Crypto Market
According to reports, the \”gilded\” plump penguin Pudgy Penguin # 484, with its unique features of golden skin and kimono, was sold on the OpenSea platform for 524 ETH (approximatel
-
What Coins Does Li Xiaolai Invest In (What Coins Has Li Xiaolai Issued)?
What coins does Li Xiaolai invest in? According to public information, what coin
-
Hamster released self developed Sui automation pipeline and template compatibility, supporting Sui network
According to reports, the Web3 security development environment and middleware engine Hamster have announced full support and compatibility for the Move based Sui network. As of no
-
What is ACC coin (When was ACC coin issued)?
What is ACC coin? According to CoinMarketCap data, ACC is a digital currency. Th
-
Taiwanese prosecutor announces first-ever USDT cryptocurrency auction
On March 14, it was reported that the Hualien District Procuratorate of Taiwan, China announced in a press release yesterday that the auction of virtual currency USDT would be held for the first time in April, totaling 26150. The object of the auction is the criminal proceeds seized by the prosecution when investigating a defendant surnamed Zhou who was involved in the case of money laundering prevention law. It is understood that the USDT to be auctioned is currently stored in the cold wallet kept by the Hualien Branch of the Hualien County Police Station. Taiwan Hualien District Attorney’s Office will auction 26150 USDTs for the first time in April Analysis based on this information:The Hualien District Procuratorate of Taiwan recently made an announcement that shocked the cryptocurrency industry worldwide: they are auctioning off virtual currency USDT for the first time ever. The virtual currency has a total value of over 26,000 US dollars and was seized as criminal proceeds…
-
Huobi Withdraws Funds from Signature Bank and Silvergate Capital
On March 14, it was reported that Huobi had withdrawn all funds from Signature Bank and Silvergate Capital, while the funds of customers of the exchange were not affected. Huobi: All funds have been withdrawn from Signature Bank and Silvergate Capital Analysis based on this information:The recent news reports on Huobi indicate that the cryptocurrency exchange had withdrawn all funds from Signature Bank and Silvergate Capital on March 14. Interestingly, the withdrawal had not affected the funds of the exchange’s customers, which indicates that there must have been some internal reasons behind the decision. One possible interpretation of this move is that Huobi may have been dissatisfied with the services or fees charged by these banks. It is worth noting that both Signature Bank and Silvergate Capital are known for providing banking services for cryptocurrency firms, which suggests that Huobi may be looking for alternative banking partners that can better cater to its needs. Another possible explanation for the withdrawal…