SEED Group Announces Partnership Agreement with Patikle to Deliver the World’s First Bio-signal Data-based Blockchain Platform in the UAE.
Dubai, United Arab Emirates
Dubai, United Arab Emirates – 4 July 2019 – SEED Group announced today that it has partnered with Patikle, a bio-analysis, and bio-security company renowned for developing the world’s first bio-signal data-based blockchain platform – the SinEo platform. The partnership seeks to introduce the platform in the UAE and provide a prosperous living environment for future generations by improving the quality of life based on mental culture.
Patikle is an R&D company that focuses primarily on human identification technology, and of which uniqueness lies on its passive infrared sensor that detects human identity through the bloodstream using only lights. After attending the Future Blockchain Summit back in April 2019, Taeyup Kim, CEO and founder of Patikle, realized the thriving blockchain market across various industries within the UAE and believed that its platform was in a position to implement the three essential factors concerning blockchain – decentralization, consensus, and scalability – that will bring about the promising future of Dubai as a smart city. Its partnership with SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum will aid in taking its action moving forward in the next two to three years.
“We greatly appreciate the opportunity to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group to form Patikle UAE. Patikle Inc. and SEED Group will work together through Patikle UAE to deliver innovative and effective products to support Dubai in becoming a blockchain city and realizing the UAE Vision 2021. Beginning with products in the fields of E-sports, health, and entertainment sectors, we will expand into other areas including personal health care, personal security, and agriculture”, said Taeyup Kim.
Hisham Al Gurg, CEO of SEED Group and Sheik Saeed bin Ahmed Al Maktoum’s Private Office, issued a statement highlighting the fact that more than 50 global companies are already using Patikle’s blockchain platform to actively promote the scheme. He also believes that the partnership will help boost the expansion of technology advancement in the UAE, especially as well as for companies in various industries who may want to utilize blockchain in the future.
“We are always excited to partner with companies that create world’s first, and Patikle stands out by using blockchain cases and translating these ideas into impactful platforms, contributing together to the technological landscape of the Middle East. We are very optimistic that this endeavor will make widespread use of blockchain technology in the UAE to work towards a better future,” said Hisham Al Gurg.
“As we move into a promising and innovative future, we look forward to a powerful and productive relationship that will benefit both sides and, of course, our clients,” Taeyup Kim concluded.
Established with Dr. Dave E. Bartine, formerly applied technology directorate from NASA’s Kennedy Space Center, as a technology R&D company in 2016 in Florida, USA, Patikle extended its Blockchain R&D base in Busan, South Korea in 2018 and is now scalable across the multidisciplinary scheme, providing worldwide connectivity for future smart cities.
Patikle has recently established its Dubai office and looks forward to a prosperous business and the opportunity to develop an outstanding team in the MENA region.
About Patikle Inc.
Patikle is an R&D company established in Florida, USA in 2016 and in Busan, South Korea in 2018. Its main patented technologies include human identification verification, human health analysis, computer vision, and data security. Based on the previously mentioned core technologies, Patikle piloted the development and implementation of a successful blockchain platform with over 50 companies contracted for utilization. With the establishment of blockchain R&D, the company merged its developed technologies and blockchain to apply into various sectors including E-sports, Healthcare, Security, Logistics, Entertainment, Agriculture, Insurance and Telecommunication.
For more information, visit: www.patikle.com
About SEED Group
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East and North Africa region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed Bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.
For more information, visit: www.seedgroup.com
Patikle Media Contact:
SEED Group Media Contact:
Nomarie Jean Lacsamana
+971 4 373 5068