Lionscraft and stc Bahrain have formed a strategic relationship to work together to create a framework that aligns with the next Web3 digital transformation. The partnership seeks to position stc Bahrain as the top supplier of Web3 framework solutions in the Middle East, both in Bahrain and beyond. It will make it easier for creative Web3 solutions to be developed and implemented across the country.
The joint venture transpired in the Sandbox metaverse, demonstrating the inventive nature of both entities. In addition, the transaction was set up on the Avalanche network as a non-fungible token (NFT). Chief wholesale officer of stc Bahrain, Saad Odeh, said the company will provide a variety of Web3 framework solutions that allow for better data protection and user privacy together with robust user exposure.
Co-founder of Lionscraft Antonio Bartulovic claims that the company’s collaboration with STC Bahrain will make it easier to build a digital infrastructure that stimulates creativity and invites others to help with its advancement. The partnership between the two companies will not only accelerate revolutionary improvements but also open up a range of Web3 and stc Bahrain-related prospects.
As a member of the stc Group, stc Bahrain is working hard to raise its profile in Bahrain’s financial markets for digital, mobile, and telecommunications. It has transformed the telecoms business and reached the top of the industry since its founding in 2010. In 2018, it overtook fintech with its products from the STC pay ecosystem.
Lionscraft was founded at the same time as the digital revolution began. It is a preeminent Web3 strategy and technology company. It offers state-of-the-art technical and business services and helps organizations better adjust to the ever-changing Web3 environment. They are linked to a variety of vertices, such as communications, technology, and finance, to cause a paradigm change in Web3’s trajectory.