Groundbreaking innovation collaboration, will explore ways to create Global Tokenized Network connecting all Aramco stakeholders, unveiled at the iktva 2023 Forum & Exhibition.
droppGroup (dropp) has signed an industry-first Web3 Technology Memorandum of Understanding (MoU) with Aramco. As per the MoU they will explore how the parties may collaborate together to apply dropp’s proprietary Web3 technology in furtherance of the Kingdom of Saudi Arabia’s “Vision 2030” quality of life program.
dropp creates communities and Web3 (the third generation of the internet driven by blockchain technology) experiences for enterprise clients & users through its proprietary tech stack including Ai/ML, Extended Reality (XR), tokenized networks, contextual learning and customized metaverse environments. dropp’s solutions are based on the development and deployment of phygital innovations connecting the physical and digital worlds to deliver unique value to all stakeholders.
Through this collaboration, dropp and Aramco will explore co-developing a wide range of unique Web3 innovations that have potential to benefit Aramco employees, including an experiential on-boarding and training ecosystem, and a fully interoperable tokenized network and Web3 rewards program.
