RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a government-supported free zone in the United Arab Emirates, launched in 2023. It is the world's first and only free zone exclusively dedicated to digital and virtual asset companies. The initiative is designed to create a vibrant ecosystem for Web3, blockchain, AI, and other emerging technologies, positioning Ras Al Khaimah as a global hub for innovation.
RAK DAO provides a comprehensive suite of services and infrastructure to support the growth of digital asset companies. This includes a robust and transparent legal framework, a variety of licensing options (including for freelancers and digital nomads), and access to a network of partners, VCs, and academic institutions. The free zone offers a range of facilities, from co-working spaces to dedicated offices, and provides professional services to assist with everything from company setup to ongoing operations.
The Hedera Foundation, which fuels the growth of the Hedera ecosystem, is a key partner of RAK DAO. This strategic alliance provides RAK DAO members with direct access to the Hedera network, including grant programs and technical support.
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Tribe Accelerator is a Singapore-based, government-backed blockchain accelerator that is focused on supporting later-stage startups, helping them bring their innovative products to market by providing a "hyperconnected platform" of multinational corporations, government agencies, and top technology companies.
Tribe's core service is its accelerator program, which takes a product-focused approach to helping startups scale. The program provides participating companies with a wide range of support, including dedicated masterclasses on topics like fundraising and marketing, technical mentorship from industry experts, and exclusive networking opportunities.
Tribe has partnered with Hedera to support the growth of the Hedera ecosystem in Singapore and the broader Asian market. This includes providing mentorship and resources to startups that are building on the Hedera network, as well as working to connect these startups with Tribe's extensive network of corporate and government partners. This collaboration is a key part of Tribe's mission to drive the widespread adoption of blockchain technology and foster innovation in the Web3 space.
WebShield is a cybersecurity company developing a decentralized platform for managing digital identities and securing online communications. Its mission is to bring improve trust and privacy on the internet by providing individuals and businesses with the tools to control their own data.
The core of WebShield's service is its "Trust-as-a-Service" platform, which is built on the principles of self-sovereign identity (SSI). It includes a suite of tools for issuing and verifying Verifiable Credentials, which are digital versions of physical documents such as passports and driver's licenses. The platform is designed to be compliant with a wide range of industry standards, including those from the Trust over IP Foundation, the W3C, and the OpenID Foundation. A key use case for WebShield's technology is in securing the Internet of Things (IoT), where it can be used to create a secure and trusted environment for machine-to-machine communication.
WebShield is built on Hedera's distributed ledger technology, which is used to provide an immutable and auditable record of all identity-related transactions.
HSociety is a decentralized social media platform developed by Societal Labs, a Web3 venture studio focused on building user-friendly decentralized applications (dApps). The company's mission is to drive mainstream adoption of Web3 technologies by creating platforms that solve real-world problems and empower users with greater control over their digital lives.
The core of HSociety's service is a comprehensive, no-code toolkit for building and managing decentralized online communities, also known as "Social DAOs." The platform provides all the necessary tools for creators and communities to launch their own social tokens and NFTs, create token-gated content and experiences, and manage community governance through decentralized autonomous organizations. This allows for the creation of self-sustaining digital economies where value is shared directly between creators and their audiences.
The HSociety platform is built on the Hedera network, leveraging its enterprise-grade performance and security. The Hedera Token Service (HTS) is used for the creation and management of all social tokens and NFTs, providing a fast, low-cost, and scalable solution for digital asset management. The Hedera Consensus Service (HCS) is used to provide a transparent and auditable record for all DAO voting and other governance activities.
Armanino is one of the largest independent accounting and business consulting firms in the US. Founded in 1953, it provides a wide range of financial services, including audit, tax, and advisory, to a diverse client base that includes publicly traded companies, non-profit organizations, and high-net-worth individuals.
Armanino’s TrustExplorer platform is designed to increase transparency and trust in the world of digital assets. Its flagship service is its Real-Time Attest solution, which provides independent, on-demand reports on the reserves backing stablecoins and other asset-backed tokens. TrustExplorer also includes a Trusted Node service, which provides a reliable and auditable source of data from various blockchain networks.
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