Latest news with #DistributedLedgerTechnology

Associated Press
2 days ago
- Business
- Associated Press
Finstar Launches Blockchain Water Project "Water Trace" in Western U.S. to Tackle Drought
Western U.S., July 23, 2025 -- Amidst growing global water scarcity, the Financial Star Foundation ('Finstar') has announced the launch of 'Water Trace,' a pilot project leveraging blockchain technology for water resource management. Aimed at optimizing water allocation and enhancing sustainable usage efficiency through transparent and traceable data management, the project debuts in drought-stricken regions of the Western United States, offering an innovative solution for global water governance. Blockchain Empowering Water Management The 'Water Trace' project utilizes Distributed Ledger Technology (DLT) to record and track the entire water lifecycle – extraction, allocation, usage, and recycling – in real time. Integrated with smart contracts and Internet of Things (IoT) sensors, the system automatically monitors water quality, volume, and flow, ensuring data immutability while boosting regulatory efficiency. Western U.S. Pilot: Addressing the Drought Crisis The Western U.S. faces severe, persistent drought, with intense competition for water resources in areas like the Colorado River Basin. Finstar selected this region for the pilot, partnering with local governments, farms, and tech companies across 10 key areas in California, Arizona, and Nevada. The initial phase will: Expert and Partner Perspectives Future Outlook Following a successful pilot, Finstar plans to scale the 'Water Trace' model globally, particularly in water-stressed regions like the Middle East and Africa, to advance transparent global water management standards. Furthermore, Finstar is engaging with multiple United Nations Sustainable Development initiatives – notably SDG 6 (Clean Water and Sanitation) – to explore cross-regional collaboration mechanisms. The foundation also aims to accelerate partnerships with governments, research institutions, and green finance platforms to build a technology-driven, responsibility-oriented global water governance network. Contact Info: Name: JORDAN NICHOLAS PARKHURST Email: Send Email Organization: Financial Star Inc Website: Release ID: 89165405 Should you detect any errors, issues, or discrepancies with the content contained within this press release, or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team will be available to promptly respond and take necessary steps within the next 8 hours to resolve any identified issues or guide you through the removal process. We value the trust placed in us by our readers and remain dedicated to providing accurate and reliable information.


Sharjah 24
17-07-2025
- Business
- Sharjah 24
AUS signs cooperation agreement with GHAF Labs
The agreement was signed under the AUS Engineering Al Nukhba Program, which establishes industry collaborations in research, development, training programs, internships, exchange of information and personnel, joint supervision of students' capstone projects and field trip visits. Dr Fadi Aloul, Dean of the AUS College of Engineering, said: 'This collaboration with Ghaf Labs opens valuable pathways for our students to interact directly with the frontiers of digital innovation,' said Dr Fadi Aloul, Dean of the AUS College of Engineering. 'We are very excited about this collaboration because it involves Web3, blockchain, AI and advanced technologies—areas we have strategically embedded into all 24 of our programs under CEN 2.0 major curriculum revamp. By engaging with professionals in these emerging sectors, our students will enhance their technical competencies and gain insights into real-world applications that complement their academic training.' Under the agreement, Ghaf Labs will offer internship opportunities that align with students' academic and professional goals. The collaboration also includes joint supervision of selected capstone and research projects whenever feasible, cooperation on research and development initiatives, expert-led sessions and organized visits to industry settings. "At Ghaf Labs, we believe that shaping the future of technology starts with empowering the next generation. Partnering with AUS allows us to co-create a space where innovation meets education. This collaboration reflects our commitment to cultivating regional talent in blockchain, Web3, and AI. By mentoring students through real-world projects, we're building not just careers—but a thriving safe digital economy," said Feras Al Sadek, Co-Founder, Board Member and Managing Partner at Ghaf Labs. Ghaf Labs specializes in management consulting, marketing research and consulting, and Distributed Ledger Technology services. They also offer IT consulting for industries involved in Web3, blockchain, the metaverse and other digital asset sectors. This partnership is part of the College of Engineering's broader mission to foster meaningful engagement between academia and industry. Through initiatives like the Al Nukhba Program, the college continues to provide students with access to cutting-edge technologies, real-world challenges and professional networks that prepare them to lead in a rapidly evolving global workforce.


TECHx
09-07-2025
- Business
- TECHx
AUS, Ghaf Labs Partner to Boost Blockchain & AI Skills
Home » Smart Sectors » Education » AUS, Ghaf Labs Partner to Boost Blockchain & AI Skills The American University of Sharjah (AUS) and Ghaf Labs–FZCO, a Dubai-based blockchain advisory and consultancy firm, have announced the signing of a Memorandum of Agreement (MOA). This collaboration aims to provide AUS students with enhanced access to internships, research projects, field visits, and knowledge-sharing in emerging technical fields. The agreement was signed under the AUS Engineering Al Nukhba Program, which promotes collaboration across research, development, training, information exchange, student supervision, and industry visits. Dr. Fadi Aloul, Dean of the AUS College of Engineering, said the partnership offers valuable opportunities for students to engage with advanced technologies such as Web3, blockchain, and AI. He stated, 'We are very excited about this collaboration because it involves Web3, blockchain, AI and advanced technologies areas we have strategically embedded into all 24 of our programs under CEN 2.0 major curriculum revamp.' Ghaf Labs will support the agreement through: Internship programs aligned with students' academic goals Joint supervision of capstone and research projects Research and development collaborations Expert-led sessions and industry field visits Feras Al Sadek, Co-Founder and Managing Partner at Ghaf Labs, emphasized the company's focus on empowering youth. He noted, 'Partnering with AUS allows us to co-create a space where innovation meets education.' Ghaf Labs provides consulting services in management, IT, marketing research, and Distributed Ledger Technology. It also supports companies working in Web3, blockchain, the metaverse, and digital assets. This partnership aligns with the AUS College of Engineering's broader mission to link academia with industry. Through initiatives like Al Nukhba, AUS continues to prepare students for success in a fast-evolving global workforce.


Mid East Info
08-07-2025
- Business
- Mid East Info
AUS students to benefit from practical training and industry exposure through new partnership with Ghaf Labs
Sharjah, UAE,July 2025 – Following the signing of a Memorandum of Agreement (MOA) between American University of Sharjah (AUS) and Ghaf Labs–FZCO (Ghaf Labs), a Dubai-based blockchain advisory and consultancy firm, AUS students will gain expanded access to internships, research collaborations, field visits and knowledge-sharing opportunities in emerging technical fields. The agreement was signed under the AUS Engineering Al Nukhba Program, which establishes industry collaborations in research, development, training programs, internships, exchange of information and personnel, joint supervision of students' capstone projects and field trip visits. Dr. Fadi Aloul, Dean of the AUS College of Engineering, said: 'This collaboration with Ghaf Labs opens valuable pathways for our students to interact directly with the frontiers of digital innovation,' said Dr. Fadi Aloul, Dean of the AUS College of Engineering. 'We are very excited about this collaboration because it involves Web3, blockchain, AI and advanced technologies—areas we have strategically embedded into all 24 of our programs under CEN 2.0 major curriculum revamp. By engaging with professionals in these emerging sectors, our students will enhance their technical competencies and gain insights into real-world applications that complement their academic training.' Under the agreement, Ghaf Labs will offer internship opportunities that align with students' academic and professional goals. The collaboration also includes joint supervision of selected capstone and research projects whenever feasible, cooperation on research and development initiatives, expert-led sessions and organized visits to industry settings. 'At Ghaf Labs, we believe that shaping the future of technology starts with empowering the next generation. Partnering with AUS allows us to co-create a space where innovation meets education. This collaboration reflects our commitment to cultivating regional talent in blockchain, Web3, and AI. By mentoring students through real-world projects, we're building not just careers—but a thriving safe digital economy,' said Feras Al Sadek, Co-Founder, Board Member and Managing Partner at Ghaf Labs. Ghaf Labs specializes in management consulting, marketing research and consulting, and Distributed Ledger Technology services. They also offer IT consulting for industries involved in Web3, blockchain, the metaverse and other digital asset sectors. This partnership is part of the College of Engineering's broader mission to foster meaningful engagement between academia and industry. Through initiatives like the Al Nukhba Program, the college continues to provide students with access to cutting-edge technologies, real-world challenges and professional networks that prepare them to lead in a rapidly evolving global workforce.


Gulf Today
07-07-2025
- Business
- Gulf Today
AUS students expand access to internships
Following the signing of a Memorandum of Agreement (MOA) between the American University of Sharjah (AUS) and Ghaf Labs-FZCO (Ghaf Labs), a Dubai-based blockchain advisory and consultancy firm, AUS students will gain expanded access to internships, research collaborations, field visits and knowledge-sharing opportunities in emerging technical fields. The agreement was signed under the AUS Engineering Al Nukhba Program, which establishes industry collaborations in research, development, training programmes, internships, exchange of information and personnel, joint supervision of students' capstone projects and field trip visits. Dr. Fadi Aloul, Dean of the AUS College of Engineering, said: "This collaboration with Ghaf Labs opens valuable pathways for our students to interact directly with the frontiers of digital innovation,' said Dr. Fadi Aloul, Dean of the AUS College of Engineering. "We are very excited about this collaboration because it involves Web3, blockchain, AI and advanced technologies-areas we have strategically embedded into all 24 of our programs under CEN 2.0 major curriculum revamp. By engaging with professionals in these emerging sectors, our students will enhance their technical competencies and gain insights into real-world applications that complement their academic training.' Under the agreement, Ghaf Labs will offer internship opportunities that align with students' academic and professional goals. The collaboration also includes joint supervision of selected capstone and research projects whenever feasible, cooperation on research and development initiatives, expert-led sessions and organised visits to industry settings. "At Ghaf Labs, we believe that shaping the future of technology starts with empowering the next generation. Partnering with AUS allows us to co-create a space where innovation meets education. This collaboration reflects our commitment to cultivating regional talent in blockchain, Web3, and AI. By mentoring students through real-world projects, we're building not just careers but a thriving safe digital economy," said Feras Al Sadek, Co-Founder, Board Member and Managing Partner at Ghaf Labs. Ghaf Labs specialises in management consulting, marketing research and consulting, and Distributed Ledger Technology services. They also offer IT consulting for industries involved in Web3, blockchain, the metaverse and other digital asset sectors. This partnership is part of the College of Engineering's broader mission to foster meaningful engagement between academia and industry. Through initiatives like the Al Nukhba Program, the college continues to provide students with access to cutting-edge technologies, real-world challenges and professional networks that prepare them to lead in a rapidly evolving global workforce. To learn more about the college, visit