saudicryptocommunity

Saudi Arabia has launched a new Web3 alliance designed to improve the pace of digitization in the Gulf nation, drawing participants from a pool of global and local ecosystem players with streaks of government support.
According to a press release report, the new association will support the Saudi government’s existing efforts to improve adoption levels for blockchain technology and Web3 solutions. Dubbed the Web3 Alliance of Saudi Arabia (WASA), the body has its sights set on moving tech adoption in the country, targeting enterprise and individual utilities.
Founding members of the alliance comprise industry heavyweights, including The Sandbox, Outlier Ventures, Animoca Brands, and a group of local blockchain service providers in the country, as well as academics and blockchain experts including Stephan Apel, Wajd Badawi, and Yasser Alobaida.
A cursory glance at the statement reveals four cardinal principles guiding WASA in the push to trigger ecosystem growth. For starters, WASA’s primary objective is hosting learning workshops and seminars to educate the general public on Web3 use cases and benefits in enterprise applications.
The alliance will also roll out best practices for the industry to ensure uniformity among industry players. WASA is expected to provide stakeholders and new entrants with a platform for networking and collaboration by hosting conferences in Saudi Arabia.
WASA’s final mission will involve supporting research and innovation in Saudi Arabia, providing avenues for pilot projects, and funding promising studies.
The alliance will adopt a decentralized governance model made up of an executive committee and a general assembly with extensive voting powers. Keeping to its mantra of Web3 adoption, WASA will use blockchain for its voting decision-making processes while remaining independent from government influence.
The official statement confirms that WASA intends to operate as a non-profit and will not earn funds from endorsing blockchain projects. Instead, it will focus its attention on blockchain adoption initiatives, “creating a neutral ground” for ecosystem growth in the country.
#SaudiCryptoCommunity

مع استمرار زيادة شعبية العملات المشفرة في السعودية وحول العالم، أصبح ضمان المعاملات الآمنة والمتوافقة أولوية قصوى. واحدة من التدابير الرئيسية التي تنفذها منصات العملات المشفرة للحفاظ على الشفافية وحماية المستخدمين هي عملية اعرف عميلك (KYC). لكن ما هي بالضبط KYC، ولماذا هي ضرورية للوصول إلى خدمات العملات المشفرة في السعودية؟
ما هي KYC؟
KYC، اختصار لـ "اعرف عميلك"، هو متطلب تنظيمي مصمم للتحقق من هوية المستخدمين على المنصات المالية. تضمن هذه العملية أن يحصل الأفراد الشرعيون فقط على الوصول إلى بورصات العملات المشفرة، مما يعزز بيئة آمنة للتداول والاستثمار. عادةً ما تتضمن KYC تقديم وثائق هوية شخصية، مثل جواز السفر أو الهوية الوطنية، وإثبات العنوان للتحقق من صحة المستخدم.