Ras Al Khaimah Digital Assets Oasis forms new strategic partnership to support Web 3

Ras Al Khaimah Digital Assets Oasis (RAK DAO), the world's first and only free zone dedicated to digital and virtual asset companies, announced the signing of a Memorandum of Understanding with Tencent Cloud, a global leader in solutions Internet and technology, headquartered in Shenzhen. , China.

Ras Al Khaimah Digital Assets Oasis and Tencent Cloud enter into new strategic partnership to drive innovation in Web 3

Ras Al Khaimah Oasis Prepares for Digital Assets (RAK DAO) and Tencent Cloud to embark on a transformative journey, starting with the signing ceremony in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of the Emirate of Ras Al Khaimah.

The MoU was signed by Dr. Samir Al Ansari, CEO of Ras Al Khaimah Digital Assets Oasis, and Mr. Poshu Yeung, Vice President of Tencent Cloud International.

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This strategic partnership aims to explore avenues for mutual growth and innovation. This positions RAK DAO in a leading position in the rapidly evolving Web 3 landscape. By leveraging the expertise and resources of Tencent Cloud, RAK DAO is poised to revolutionize the digital economy. Hence, providing unparalleled opportunities to startups and businesses.

Key points of the MoU also include facilitating startup growth through Tencent Cloud voucher programs and regional expansion initiatives. In addition to the establishment of the Tencent Cloud Technical Training Center within the Ras Al Khaimah Digital Asset Oasis (RAK DAO) for education and skills development. In addition to providing professional training opportunities for RAK DAO licensees and partners.

His Highness Sheikh Saud said:

“The signing of the Memorandum of Understanding between Ras Al Khaimah Digital Assets Oasis and Tencent Cloud is an important moment for the Emirate of Ras Al Khaimah, and one that highlights our emirate’s commitment to achieving a thriving digital ecosystem. We appreciate expertise and resources of Tencent Cloud, and anticipate the opportunities that this collaboration will bring, strengthening the position of Ras Al Khaimah, Al Khaimah as a global hub for innovation and technology.

For his part, Dr. Samir Al Ansari, CEO of RAK DAO, expressed his enthusiasm for this partnership:

“We are excited to embark on this transformation journey with Tencent Cloud, a global leader in technology and innovation. This strategic partnership represents an important milestone for us at RAK DAO and reinforces our commitment to driving digital transformation and to foster innovation in the region."

Furthermore, Mr. Dawson Tong, Executive Vice President of Tencent, said:

“Tencent Cloud is excited to collaborate with RAK ​​Digital Asset Oasis to unlock new opportunities in the digital economy. Together, we aim to harness the power of technology to drive growth and innovation, and set new standards in the digital economy.” Internet 3. This partnership embodies our commitment to nourishing ecosystems and empowering businesses around the world.

Bushu Yong, vice president of Tencent Cloud and Ai, also supported Tong, saying:

“We are pleased to demonstrate our commitment to the global Web 3 community by partnering with RAK ​​DAO. By leveraging the expertise and resources of the Tencent Cloud ecosystem, we are fully prepared to provide exceptional Web 3 support and services to startups and enterprises.

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Finally, the strategic partnership between Ras Al Khaimah Digital Assets Oasis (RAK DAO) and technology giant Tencent Cloud is expected to represent a bold step in shaping the future of the digital economy, driving innovation and promoting growth in the Web space 3.