Blockchain pioneer Beyond Imagination Technologies (BIT) has announced its strategic expansion into the Middle East, in partnership with Saudi-based software company Aba’ad Alkhayal. This move is set to boost blockchain innovation in the region and foster digital transformation.
Both BIT and Aba’ad Alkhayal share a vision to revolutionize industries and businesses, utilizing their combined expertise to shape the digital landscape of the Middle East. The Saudi-based company is known for its use of advanced technologies like blockchain and AI.
As part of the collaboration, BIT will bring its flagship blockchain solution, BitMemoir, to Aba’ad Alkhayal. BitMemoir aims to change the digital certifications landscape, transforming sensitive documents into secure digital certificates or non-fungible tokens (NFTs).
Co-Founder of Aba’ad Alkhayal, Mr. Nikhil Goyal, stated, "Our expansion into this dynamic region marks a significant milestone in our journey to revolutionize industries and empower businesses with the potential of blockchain technology.” He highlighted the alignment of this initiative with Saudi Arabia's digital and technological progress.
BIT plans to establish regional offices, collaborate with local partners, and conduct workshops and events promoting blockchain education. With its strategic collaboration with Aba’ad Alkhayal, BIT is ushering in a new era of blockchain innovation in the Middle East, underlining the transformative power of blockchain technology in the region's digitization journey.
