Adaverse Saudi Arabia Partners with the Ministry of Communications and Information Technology to Accelerate Web3 Development in Saudi Arabia

Today, a strategic partnership was announced to accelerate the development of Web3 technologies and foster blockchain innovation in Saudi Arabia.

Driving Innovation in Web3 Technologies

This collaboration leverages the Ministry’s leadership in national digital transformation and Adaverse’s expertise in blockchain investments and technology infrastructure. It aims to equip local talent with access to the latest global advancements in this field.

In this regard, Vincent Li, CEO of Adaverse Saudi Arabia, stated:

"We take pride in contributing to Saudi Arabia’s digital transformation by sharing our global expertise and resources. This partnership will help build a strong Web3 community in the Kingdom and drive innovation in blockchain technology."

Key Initiatives Under This Partnership:

• Launching training and awareness programs to equip local talent with Web3 and blockchain skills.

  
  

• Organizing community meetups and hackathons to foster innovation and a dynamic tech ecosystem.

  
  

• Providing access to global expertise and cutting-edge technologies to support the Kingdom’s tech ecosystem growth.

  
  

• Establishing startup accelerators to support entrepreneurs and emerging companies in the Web3 sector.

  
  
  
  

This partnership marks a significant step toward positioning Saudi Arabia as a leading regional digital hub for future technologies and strengthening its capabilities in Web3 and blockchain