Saudi

Dynamic Coalition on Blockhain Becomes ‘DAO’

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Time Stamp: September 3, 2024 9:12 AM - Modified On: September 3, 2024 - Published By:
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  The United Nations Secretary-General convenes the Annual Internet Governance Forum (IGF). The forum features intersessional groups working on diverse internet governance topics. Among these groups, the Dynamic Coalition on Blockchain Assurance & Standardization (DC-BAS) just made history. On August 26, 2024, DC-BAS adopted Bylaws and technology to become the first global Decentralized Autonomous Organization (DAO) within the UN IGF framework. Dino Cataldo Dell’Accio, the UN Joint Staff Pension Fund’s Chief Information Officer, praised this as a “groundbreaking step forward in public sector governance.” He highlighted how the DAO showcases blockchain’s potential to

Verofax secures $3M in Bridge funding to deploy AI & AR experiences to tourists and sports fans

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Time Stamp: August 27, 2024 9:45 AM - Modified On: August 27, 2024 - Published By:
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ABU DHABI, UAE, Aug 27, 2024 - (ACN Newswire) - Verofax Limited, a Web3 services company, today announced closing a $3M bridge round led by international investors Plug & Play Tech Center, Navig8 Group, King Abdullah University for Science and Technology, Trove Capital UK follow-on investment, Jawa Brothers Advisory, with Alzamil Pedco CVC and Tracecore CVC completing the list of investors. Verofax applies patented Web3 technologies such as Blockchain, Augmented Reality and Artificial Intelligence to provide 'Elevated tourist, shopper and brand marketing experiences', enabling destinations, retailers and sports stadiums to

Verofax to raise US$750,000 on Beban Crowdfunding Platform

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Time Stamp: March 5, 2023 11:39 AM - Modified On: March 5, 2023 - Published By:
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- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for

Paribus. After the storm.

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Time Stamp: December 21, 2022 2:40 AM - Modified On: December 21, 2022 - Published By:
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If the global financial system is an ocean and the ships on it represent the different markets, crypto would be the equivalent of a small boat tossed around by the storms we’ve experienced this year. Whatever happens with the development of the technology it’s impossible to avoid the effects of global shifts as we saw last week with the Federal Reserve’s latest rate hike. Even though the news from the Fed was exactly what markets had anticipated and priced in, the response was turbulent which caused more moves to the