du, from Emirates Integrated Telecommunications Company (EITC), inked a groundbreaking partnership with The Hashgraph Association at Envision 2023. The collaboration focuses on harnessing the potential of the Hedera blockchain to offer secure, traceable, and scalable solutions on a corporate blockchain platform.
As part of this strategic alliance, du and the TheHashgraph Association will provide innovative blockchain solutions to small and medium-sized enterprises (SMEs), governmental institutions, and municipalities. Leveraging the efficiency of Hashgraph on a decentralised, public network, the Hedera Distributed Ledger Technology ensures a trusted and reliable foundation for the newly developed solutions. Target sectors include manufacturing, healthcare, education, smart cities, and agriculture, catering to a wide range of industries seeking secure and efficient applications.
Notably, Hedera stands out as the greenest proof-of-stake network according to UCL research, aligning perfectly with du’s commitment to providing sustainable solutions. This synergy strengthens du’s position as a leader in promoting ecological responsibility within the telecommunications industry. This partnership holds the potential to transform industries, drive innovation, and transform the way businesses operate in the digital landscape.