STC Bahrain telecommunication company has recently announced the launch of its exclusive layer 1 blockchain network named “Intersect” on Avalanche. The new project of stc Bahrain on Avalanche plays a crucial role in assisting organizations and consumers in the region, promoting a climate adequately suitable for digital transformation and Web3 innovation. Both Avalanche and stc Bahrain disclosed this development on their official social media accounts.
Today @stc_bhr announced the launch of Intersect, a new Avalanche L1 that creates a pivotal entry point for new users and organizations in the Middle East to start building in Web3.
stc Bahrain’s launch of @0xintersect is a big milestone for the intersection of… https://t.co/JqUaIV04F5
— Avalanche 🔺 (@avax) August 1, 2024
STC Bahrain Launches Its Exclusive Blockchain Network ‘Intersect’ on Avalanche
The release of this initiative indicates the intersection of blockchain and telecommunications. It delivers unprecedented opportunities concerning technological development and advancement. While working as a top telecommunication provider, the endeavor of stc Bahrain signifies blockchain technology to improve digital services. It also discloses this sector’s capability to establish a flourishing ecosystem that supports decentralized applications worldwide.
In its announcement on X, Avalanche expressed its excitement for supporting stc Bahrain in launching the new project. It added that this partnership will surely push forward digital transformation as well as Web3 innovation throughout Bahrain and further. This endeavor reportedly aligns with the platform’s mission to develop a decentralized future. While celebrating Intersect’s launch, both collaborators are reportedly hosting a virtual “Makeathon + Hackathon” event.
Avalanche and stc Bahrain Conduct a ‘Makeathon + Hackathon’ Event to Celebrate Intersect’s Launch
This event will take 30 days to accomplish, starting from the 12th of this month. This worldwide competition focuses on attracting non-coders as well as developers. In addition to this, it promotes a broad array of participants, letting them engage with the latest blockchain network. The developers entering this competition will handle challenges in diverse sectors like security, interoperability, media, music, and music.
The non-coding participants (i.e. artists) will design exclusive profile pictures and artworks. In this way, they can contribute to the cultural and creative dimensions of the blockchain. The event targets displaying the potential and versatility that the Intersect blockchain possesses. By taking into account both creative and technical minds, the event pursues highlighting the blockchain’s ability to revolutionize diverse industries.
The release of Intersect on the scalable and robust platform of Avalanche will potentially expedite digital transformation endeavors across Bahrain. The respective move follows STC Bahrain’s objective of advancing innovation and technology. It positions Bahrain as a chief player within the worldwide Web3 sector. Avalanche asserted that the “Makeathon + Hackathon” will span between August 12 and September 11.