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Sunday, 06/09/2024 11:10:50 AM

Sunday, June 09, 2024 11:10:50 AM

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The 2024 DePIN Report forecasts a $3.5 trillion market size by 2028
https://europeanbusinessmagazine.com/media-outreach/the-2024-depin-report-forecasts-a-3-5-trillion-market-size-by-2028/

Wisekey and Hashgraph join forces with DEPIN in Saudi Arabia
https://coinaute.com/en/wisekey-and-hashgraph-join-forces-with-depin-in-saudi-arabia/

A Strategic Partnership for Cybersecurity
"...Wisekey, a leading cybersecurity company, and Hashgraph, known for its distributed ledger technology, have joined forces to collaborate with DEPIN, a Saudi initiative dedicated to digital innovation. This strategic partnership aims to develop advanced cybersecurity solutions based on blockchain technology, responding to the growing need for digital security in the region.

Objectives of the collaboration
The main objective of this collaboration is to strengthen the cyber security infrastructure in Saudi Arabia. By combining Wisekey’s digital security expertise with Hashgraph’s innovative technology, the partnership aims to create robust solutions to protect sensitive data and digital transactions. This initiative is part of Saudi Arabia’s wider efforts to become a world leader in technology and innovation.

Implications and prospects for the future
The partnership between Wisekey, Hashgraph and DEPIN could have a significant impact on the Saudi technology sector. By strengthening cyber security, this collaboration could attract more investment and technology projects to the region. In addition, it could serve as a model for other countries looking to improve their digital security infrastructure using advanced technologies such as blockchain..."

Saudi Arabia launches Digital Transformation Index 2024 amid e-government growth
https://www.arabnews.com/node/2483091/business-economy

Oil to innovation: Saudi Arabia’s ‘digital first’ transformation
"...Saudi is indeed on track to become the leading force in digital transformation through these ambitious mega projects and rapidly developing large-scale digital ecosystems..."
https://www.edgemiddleeast.com/business/oil-to-innovation-saudi-arabias-digital-first-transformation
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