Saudi oil giant Aramco has recently entered a collaboration agreement with droppGroup, a US-based company with operational hubs in Canada and Saudi Arabia.
The partnership will see the Aramco and droppGroup work together on deploying the latter’s proprietary Web3 technology to support the Saudi Vision 2030 quality of life programme.
The companies will jointly develop a range of innovative Web3 solutions to benefit Aramco employees, including an on-boarding and training ecosystem, a tokenized network, and a rewards program.
The partnership will also explore creating a global tokenised network connecting all Aramco stakeholders.
droppGroup uses its proprietary technology stack, including AI/ML, XR, and customised metaverse environments, to create Web3 experiences for enterprise clients and users. Its solutions are designed to bridge the physical and digital worlds to provide value to all stakeholders.
