stc Bahrain and Aleph Zero Partner to Advance Blockchain DePIN Across the Gulf Region

Manama,
Bahrain,
April
16th,
2024,
Chainwire

By
joining
forces
with
Aleph
Zero,
stc
Bahrain
aims
to
leverage
cutting-edge
solutions
to
enhance
privacy,
security,
and
decentralization
in
the
digital
realm.

stc
Bahrain,
a
world-class
digital
enabler, has
announced
its
partnership
with

Aleph
Zero,
a
privacy-enhancing
Layer
1
blockchain,
as
part
of
its

Web3
Launchpad
program.
This
collaboration
underpins
stc
Bahrain’s
commitment
to
fostering
the
growth
and
development
of
blockchain
technologies
across
the
Gulf
region.

Backed
by
stc’s Web3
Launchpad
Program,
this
collaboration
will
enhance
Aleph
Zero’s
network
by
deploying
validator
nodes,
thereby
reinforcing
the
blockchain’s
infrastructure
with
stc
Bahrain’s
robust
digital
capabilities.
This
partnership
not
only
broadens
stc
Bahrain’s
infrastructure
offerings but
firmly
supports
a
network
distinguished
for
its
focus
on
privacy,
scalability,
security,
and
speed. 

In
an
ever-evolving
and
crowded
web3
landscape,
Aleph
Zero
stands
out
for
its
technological
excellence
and
outstanding
approach
to
addressing
the
key
challenges
of
on-chain
privacy
and
enterprise-grade
scalability.
With
a
unique
consensus
protocol,
AlephBFT,
and
a
public
network
that
offers
robust
privacy
technology
through
a
combination
of
Zero-Knowledge
Proofs
(ZK-SNARKs)
and
Secure
Multi-Party
Computation
(sMPC),
Aleph
Zero
offers
a
secure,
scalable
solution,
setting
the
foundation
for
private,
verifiable
transactions
without
exposing
sensitive
data.

“stc
Bahrain
is
pleased
to
welcome
Aleph
Zero
as
a
Pearling
Path
Partner
within
our
Web3
Launchpad
Program.
This
collaboration
brings
us
closer
to
creating
a
secure
and
integrated
digital
ecosystem
in
the
Gulf.
Aleph
Zero
brings
valuable
privacy-enhancing
technology
and
a
scalable,
decentralized
network
that
aligns
with
our
goals
for
a
seamless
digital
future.”

 said

Mr.
Saad
Odeh,
Chief
Wholesale
Officer
at
stc
Bahrain.

Antoni
Zolciak,
Co-Founder
of
Aleph
Zero,
added:
“stc
Bahrain
is
at
the
forefront
of
innovation
in
the
Gulf
region,
spearheading
the
introduction
of
Web3
and
blockchain
solutions.
Aleph
Zero
is
delighted
to
partner
with
stc,
aligning
with
our
commitment
to
secure,
scalable,
and
privacy-centric
blockchain
infrastructure.
We’re
eager
to
see
how
our
combined
efforts
will
contribute
to
the
advancement
of
a
more
secure,
decentralized
DePIN
digital
ecosystem
across
the
Middle
East.”

As
the
Web3
ecosystem
expands,
the
need
for
robust
privacy,
security,
and
decentralization
becomes
ever
more
critical.
This
partnership
with
Aleph
Zero
aligns
with
stc
Bahrain’s
vision
of
propelling
a
secure,
decentralized
Internet
of
Values
forward.
Supporting
Aleph
Zero’s
infrastructure,
stc
Bahrain
positions
itself
at
the
cutting
edge,
fostering
a
digital
ecosystem
that
is
both
secure
and
private.

Aleph
Zero’s
dedication
to
decentralization,
alongside
its
wide
applicability
across
industries,
establishes
it
as
an
ideal
ally
for
stc
Bahrain.
With
more
than
40
use
cases
in
progress,
from
secure
data
exchanges
to
private
voting,
Aleph
Zero
is
set
to
drive
significant
advancements
across
the
digital
landscape.

About
stc
Bahrain

stc
Bahrain,
a
subsidiary
of
stc
Group,
is
the
fastest-growing,
most
innovative
telecommunication
operator
in
Bahrain.
Since
its
inception
in
2010,
stc
Bahrain
revolutionized
the
telecommunications
industry
in
the
Kingdom
of
Bahrain
and
quickly
became
a
market
leader,
a
position
that
it
kept
to
this
day
through
investing
in
next-generation
technologies
and
introducing
innovative
solutions
to
the
people
of
Bahrain.
In
2018,
stc
Bahrain
disrupted
fintech
with
its
stc
pay
ecosystem
of
services.

stc
Bahrain
made
many
local,
regional
and
global
breakthroughs,
earning
it
over
20
awards
in
just
eleven
years
for
being
the
best,
widest
and
fastest
network
that
connects
people
with
an
empowering
host
of
products
and
services.
Its
persistent
dedication
to
innovation
has
positioned
it
as
a
driving
force
in
delivering
telecommunication,
digital
and
mobile
financial
services
for
everyday
customers,
homes
and
businesses.
Together
with
a
broad
spectrum
of
benefits
and
customizable
offerings
that
provide
utmost
control
and
flexibility
in
a
world
of
evolving
digital
needs,
stc
Bahrain
today
has
not
only
become
the
preferred
Telecommunications
network
in
Bahrain,
but
also
the
most
forward-looking
fearless
disruptor
in
Telecommunication
and
Fintech.

For
more
information,
users
can
visit

https://www.stc.com.bh/
or
follow
stc
Bahrain’s

Twitter

About
Aleph
Zero

Aleph
Zero
is
a
layer
1
blockchain
engineered
for
speed,
data
confidentiality,
and
ease
of
development.
It
achieves
efficiencies
akin
to
conventional
web2
systems,
upholds
rigorous
standards
for
data
protection
via
ZKP
and
MPC,
and
offers
a
comprehensive
toolset
for
WASM-based
web3
development
in
Rust.
Aleph
Zero’s
versatility
is
highlighted
by
over
40
use
cases
being
actively
developed,
showcasing
its
adaptability
across
various
sectors
and
applications.
These
use
cases
are
part
of
an
engaged
community
and
growing
ecosystem
of
web3
applications
that
are
supported
by
Aleph
Zero
programs.

For
more
information,
users
can
visit

https://alephzero.org/
or
follow
Aleph
Zero’s

Twitter

Contact

PR
Manager
Josh
Adams
Aleph
Zero
[email protected]