In a recent announcement, EMURGO Labs—a specialised development entity for developing Web3 technologies—was established. EMURGO Africa is Cardano’s investment and commercial arm in Africa.
With the intention of leading the charge in cross-border digital transformation by harnessing the revolutionary power of the Cardano blockchain, the lab is structured to foster the development of both well-established and emerging Web2 and Web3 organisations.
EMURGO Labs will be the nerve centre of the region’s efforts to support the development of Web2 and Web3 organisations, both old and new.
With the help of the Cardano blockchain, EMURGO Labs hopes to promote innovation, ease international expansion, and add to the growth of the blockchain ecosystem worldwide.
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Why EMURGO Labs was launched
In a statement, EMURGO Labs CEO Ahmed M. Amer stated that the launch of the company is a major milestone in the effort to realise the revolutionary potential of blockchain technology in the MENA region.
Amer continued by saying that EMURGO Labs will become the go-to place for Web3 businesses in this exciting area because of their top-notch support services, strategic alliances, and knowledge of the industry.
Our lab is committed to providing a wide range of services that are specifically tailored to meet the demands of the digital age. We help organisations transition from Web2 to Web3 and even improve and expand the capabilities of existing Web3 entities.
Development of Revolutionary Blockchain Solutions: EMURGO Labs is a frontrunner in investing in and creating innovative blockchain solutions with practical applications by collaborating with international businesses, entrepreneurs, and accelerators.
Enterprises are propelled into the future through custom software development, which crafts tailored software solutions to drive digital transformation. Interface and User Experience Design: By prioritising the needs of its users, EMURGO Labs creates cutting-edge, aesthetically pleasing, and intuitive user experiences for Cardano blockchain applications.
Emurgo Labs is well-positioned to engage a wide range of stakeholders, including startups on Web2 and Web3, banks, major corporations, governments, and the business community at large. It is well-positioned to become a key participant in the worldwide blockchain ecosystem by attracting investors, blockchain enthusiasts, media, and lawmakers.
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About Emurgo Africa
Through its investment and commercial arm, EMURGO Africa, Cardano is able to leverage blockchain technology to empower individuals and businesses across the continent of Africa and the MENA region, addressing local challenges.
EMURGO Africa is an investment and partnership firm that works with startups, accelerators, and businesses in Africa to create social impact solutions using the Cardano blockchain.
It is EMURGO’s subsidiary in the MENA region that is responsible for promoting the use of Web3 and Cardano in the area.