Aramco and droppGroup to promote Web3 technology in Saudi Arabia

Nabil Alnuaim, senior Vice President of Digital and Information Technology and Faisal Almonai, Global Chairman of droppGroup sign MoU at IKTVA 2023, Dhahran, Saudi Arabia.

droppGroup today announced the signing of an industry-first Web3 Technology Memorandum of Understanding with Aramco, to 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.

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.

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