During Gitex Africa (https://GITEXAfrica.com/), held in Morocco from 31 May – 2 June 2023, IR4LAB, a Saudi-based company specialized in disruptive technologies such as Blockchain and Artificial Intelligence., announced that it would be expanding its operations into Africa. The expansion is part of IR4LAB’s commitment to the African continent and their aim to spur innovation in deep technologies and implement use cases utilizing IR4LAB’s Blockchain solution, DocCerts as well as other solutions offered. According to Mckinsey & Company, Africa’ digital economy should top $712 billion by 2050 fostered by its youthful population, smartphone adoption, and internet penetration. About IR4LAB:Saudi-Based innovation-driven company specialized in disruptive technologies such as Blockchain and Artificial Intelligence. IR4LAB is Saudi Aramco’s First Blockchain Technology investment in Saudi Arabia.

Source: The Guardian June 08, 2023 19:14 UTC