stc Bahrain and Lionscraft have forged a strategic alliance to collaboratively develop a framework aligning with the impending Web3 digital transformation. The partnership aims to position stc Bahrain as a premier provider of Web3 framework solutions, not just in Bahrain but also across the wider Middle East region, fostering the creation and deployment of innovative Web3 solutions within the country.

This collaboration unfolded within the Sandbox metaverse, underscoring the innovative ethos of both entities. Notably, the transaction was structured as a non-fungible token (NFT) on the Avalanche network.

Saad Odeh, stc Bahrain's Chief Wholesale Officer, emphasizes the organization's commitment to offering a suite of Web3 framework solutions that enable robust user engagement while safeguarding enhanced data control and user privacy.

Antonio Bartulovic, Lionscraft's Co-founder, highlights how partnering with stc Bahrain will facilitate the establishment of a digital infrastructure conducive to innovation, inviting others to contribute to its evolution. Beyond catalyzing revolutionary changes, the collaboration between the two entities will unlock various opportunities related to stc Bahrain and Web3.

stc Bahrain, a subsidiary of the stc Group, has been actively enhancing its presence in Bahrain's digital, mobile, and telecommunications sectors since its inception in 2010. With achievements like surpassing fintech with its stc pay ecosystem products in 2018, the organization has consistently led the telecommunications industry, garnering twenty accolades over eleven years.

Lionscraft, founded amidst the digital revolution, is a leading firm in Web3 technology and strategy. It provides cutting-edge business and technical services while empowering organizations to navigate the ever-evolving Web3 landscape. Engaging across various sectors such as finance, technology, and communications, Lionscraft is committed to reshaping the trajectory of Web3.