Robo.ai, a Nasdaq-listed company, has partnered with Zand Bank, the Middle East's first fully digital bank, to launch a new financial technology model. The collaboration aims to integrate smart hardware with regulated financial systems, focusing on AED stablecoin-based machine-to-machine transactions, IoT asset custody, and the tokenization of real-world assets like smart cars and eVTOLs.
Zand Bank's CEO highlighted that this partnership will expand the use of AED stablecoins to AI-driven devices, enhancing the digital banking landscape. Robo.ai's CEO emphasized that the initiative will accelerate smart device integration and support market expansion across the Middle East, Africa, and South Asia.
Robo.ai and Zand Bank Collaborate on AED Stablecoin Tech in Middle East
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