UAE’s RAK Digital Assets Oasis (Ras Al Khaimah DAO), the world’s first and only free zone dedicated to global digital and virtual assets companies, and The HBAR Foundation have signed of a Memorandum of Understanding (MOU). The HBAR Foundation will support RAK DAO ecosystem members to leverage the power of blockchain and build economies and applications on Hedera, the most used enterprise-grade public network. This marks RAK DAO’s first operational relationship, bringing together the expertise and resources of both companies to provide direct and streamlined access to benefits within the Hedera ecosystem. These include a comprehensive grant program, financial backing processes, specialized expert support across technology, marketing and business development, and support to scale adoption and innovation of new ideas in the Web3 space. “By creating and enabling the world’s first licensed Web3 ecosystem, we are facilitating the seamless exchange of information, connecti...

  UAE Amana Solar has selected to work with KrypC, a global technology company automating carbon offset creation and distribution utilizing  CarbonCore, a solution running on the carbon-negative Hedera network that aims to make carbon trading markets more reliable, efficient, and inclusive. CarbonCore stores, tracks and distributes carbon credits, and acts as an end-to-end carbon offset marketplace where industrial supply and demand meet. The application can be integrated with existing platforms to allow carbon emitters to easily purchase carbon offsets, and enables environmental projects to provide carbon credits to the market through a streamlined tokenization and minting process. Amana Solar, a global leader in the installation of rooftop solar power, will work with KrypC and CarbonCore to develop advanced, highly granular Renewable Energy Credits (RECs), enabling the efficient tracking and offsetting of carbon emissions. Their critical strategic goal for the partners...