GIGATONS Group has unveiled its groundbreaking technology division, GIGATECH, in collaboration with the Abu Dhabi Investment Office (ADIO) and other major partners.
According to an official announcement today, the launch of GIGATECH follows plans to support a multi-billion-dollar pipeline of opportunities through the GIGATONS Group companies that can potentially deliver significant impact.
Introducing GIGATECH: The Innovative Technology Division of GIGATONS Group
Following its design, GIGATECH aims to leverage web3 innovations to address sustainability challenges by accelerating the measurement and reduction of gigatons of carbon emissions as swiftly as possible.
With its commitment to driving transformative value flows and empowering businesses to excel in the economies of tomorrow, GIGATECH is keen to harness the programmability of tokenization, the immutability of blockchain, and the power of AI.
Moreover, the project will provide users with virtual replicas of physical systems to facilitate scenario modeling and real-time monitoring, enabling informed decision-making at a global scale in a visually intuitive environment.
While GIGATECH is headquartered in Abu Dhabi Global Markets, ‘The Capital of Capital,’ it was launched by the GIGATONS Group alongside Abu Dhabi Finance Week and Bitcoin MENA.
Per the announcement, the development saw GIGATONS Group companies work together with the UAE Ministry of Energy & Infrastructure (MOEI), the Abu Dhabi Investment Office (ADIO), and Abu Dhabi’s Integrated Transport Centre (Abu Dhabi Mobility).
The GIGATONS Group companies also disclosed their investment partnership with Delphi and Wise Capital Partners. It will also integrate the blockchain space following the partnership between HEARST Corporation and Alephium to deliver the world’s first end-to-end tokenized green blockchain mining and AI datacentre projects with a Wise Capital partnership with GIGACAPITAL for tokenized funding solutions.
Among many other promising features, GIGATECH seeks to integrate RWAs with blockchain technology to bring tangible value to the digital space and connect physical assets with transparent and efficient markets.
Heston Harper, the CEO of GIGATECH, gave highlights on the project’s vision, saying,
“…The global economy is undergoing a profound transformation, driven by policies and market forces that is sparking innovation across industries and supply chains. As stakeholders seize the opportunities of the transition era, the pace of change will only accelerate, at camp GIGATECH we are obsessively focussed at helping to unlock that collective action at an unprecedented scale.”
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