ZPAE Solves Global Retail Challenges Using FinTech in Sharjah Research Technology and Innovation Park
press release. Sharjah, September 2021 - The Sharjah Research Technology and Innovation Park (SRTIP) has issued its third Distributed Ledger Technologies (DLT) license to ZelaaPayAE . Focusing on many areas related to value exchange, ZelaaPayAE strives to advance tokenization and through its multiple branches and pisions promotes non-fungible tokens (NFT), payment infrastructures and
CEO Mr. Sahil Arora said: “We chose to move to SRTIP because of their understanding acute of the space in which we operate. They understood the need for an environment to test, experiment and simulate transactions where we can develop our fintech. The foundation of ZelaaPayAE's vision is to advance and advance the blockchain space as a whole and it has a roster of strategically positioned partners and players including Tron, DigiByte, Klever Wallet and d other pillars of the blockchain ecosystem around the world. world. "
ZelaaPayAE is also testing a point of sale technology that will allow luxury merchants to choose cryptocurrency or fiat from the same debit card with minimal charge.
CEO of SRTIP, HE Mr. Hussain AlMahmoudi said: “At SRTIP, we are always looking to breathe new life into oxygen to our ecosystem of innovative startups and technology companies. We welcomed ZelaaPayAE, due to problem solving technology that will help accelerate the merger of retail and fintech on a global scale. SRTIP has been extremely selective about which companies to license DLT to. Before issuing a license we go through a long process of due diligence but in the end we have another very important question. Does it help make the world a better place? We believe ZelaaPayAE will.
This license allows ZPAE to provide blockchain-based ancillary solutions that include tokenization, data management, logging inoperative and immutable Financial Transactions. As the business progresses, there is now an open alliance to deepen the products and platforms that ZPAE even operates in the fintech realm to enable bartering of goods through modes of trading. exchange and its store of value. ZelaaPayAE , it is exciting to see how this blockchain business continues to grow and is set to become a unicorn after already being a pioneer in this unique industry amidst the industry's relentless justification and debate between the continuing relationship of the finance and financial sectors. technology.
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