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.

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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.

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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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Deloitte, a global leader in professional services, provides a wide range of audit, consulting, tax, and advisory services. Leveraging its deep industry expertise, the firm developed the Environmental and Social Impact (ESI) Platform. This platform is a sophisticated digital measurement, reporting, and verification (MRV) solution that enables corporations to measure, track, and report on their ESG initiatives. Its primary function is to transform sustainability efforts into evidence-based, auditable claims, directly addressing the challenge of greenwashing by providing a clear and credible record of a company's environmental and social impact.

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The ESI Platform's foundation is a strategic partnership with The Hashgraph Association. The platform is built on the Hedera public distributed ledger, utilizing its technology to not only record ESG data but also to tokenise these verified impacts. Using the open-source Hedera Guardian toolset, the ESI platform creates a transparent and immutable audit trail, allowing for the creation of quantifiable, transferable digital assets that represent real-world sustainability outcomes.

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WISeID is a digital identity platform designed to secure online interactions and communications for both individuals and businesses developed by WISeKey. The platform leverages public key infrastructure (PKI) technology, utilizing standard digital certificates issued by WISeKey's trusted certification authorities.

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Central to the WISeID platform is its "WISeID Account," which serves as a gateway to various WISeKey services. Users are provided with a Digital Certificate that enables strong authentication for accessing online services and supports the creation of legally binding digital signatures for documents. Additionally, WISeID includes a “Personal Encrypted Vault,” offering a secure environment for users to store sensitive information such as passwords, financial data, and other personal documents, protected by strong encryption.

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For businesses, WISeID offers solutions to secure interactions with employees and customers, including the implementation of single-sign-on (SSO) capabilities to streamline access to corporate resources. The platform provides web services and mobile applications, aiming to provide a comprehensive solution for managing digital identities and ensuring secure digital transactions and communications.

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