CROSSTECH, a developer of the CROSS Value Chain, an autonomous decentralized blockchain infrastructure, achieved significant milestones during its recent business trip to Egypt, as part of its mission to the global expansion of the CROSS Value Chain (CVC) Ecosystem in the African-Arab region.
The trip took place from 6-14 October 2023, led by Founders Taketo Nakanishi and Yuma Tanimoto with two primary objectives:
Collaboration for Al-Azhar Broadcasting System (ABS)
CROSSTECH team sat down with Dr. Mohi, the Deputy Governor of Al-Azhar, and Mr. Saeed, former Vice-Minister of the Tourism Agency, in addition to Japan Academic Records Corporation (JAD)’s Mr. Arai to discuss the development and roadmap of the Islamic super app known as Al-Azhar Broadcasting System (ABS).
The collaborative project aims to revolutionize the digital landscape with ABS at its core in Egypt. This will eventually enhance user experiences and expand possibilities within the world of Web3 technology.
AATEC Project Partnership with Arab Women Investors Union
CROSSTECH also solidified a partnership with Dr. Hoda Galal Yassa, the President of the Arab Women Investor Union (AWIU). The partnership stems from cultural and economic exchange agreements for the Africa-Arab Tokenized Economy Cooperation (AATEC) with AWIU.
Dr. Hoda expressed her excitement about further strengthening the collaboration and mutual commitment to growing technological innovation and economic growth, especially in Egypt.
CROSSTECH also made a media appearance at a press conference titled “Arab-African Investment and International Cooperation” on 10 October 2023, hosted by the AWIU in Cairo to announce the partnership officially.
Mr. Tanimoto delivered an insightful presentation on AATEC’s mission and announced the formalization of the AATEC agreement with the Arab Women Investor Federation.
According to the proposal, AATEC will be maintained in a decentralized structure by nodes participating in the blockchain network within the Africa-Arab region.
CROSSTECH’s vision is to build on a sustainable common digital infrastructure that offers tokenization of real-world assets, creating investment opportunities for the Africa-Arab region.
The event was graced by well-known dignitaries, including the Ambassadors of Egypt, Syria, Azerbaijan, and Venezuela, as well as prominent candidates for the next prime minister, among others.
Future Developments
The team concluded its successful business trip with positive outlooks toward offering pioneering technological solutions and fostering global collaborations in the blockchain and decentralized infrastructure sector in Arab-African regions.
According to the press release, “CROSS Value Chain will be contributing to the realization of fair trade, streamlining the buying, selling, trading, and management of resources and energy, and dramatically increasing the liquidity of business transactions.”
CROSSTECH remains committed to advancing its mission and is excited to explore the vast potential of its upcoming projects with different collaborations.
About CROSSTECH
CROSSTECH is building the world’s largest autonomous decentralized Layer-1 blockchain infrastructure called CROSS Value Chain (CVC) which enables escrow node functionality and integrated sustainable decentralized storage.
Website: cross.technology
Twitter: @crosstech_main
