Saudi Arabia, Jan 8, 2021 - (ACN Newswire) - Nisbah Capital, a subsidiary of Saudi Arabia-based Taibah Valley, is joining the Tezos blockchain ecosystem as a 'baker', the first in the Kingdom. Taibah Valley also adds the Tezos project in its Blockchain Lab, as part of an initiative to create the largest blockchain community in the MENA region, supporting commercialized applications, counselling, mentoring and researching in areas related to blockchain and cryptocurrency.Through Nisbah Capital, Taibah Valley becomes the first corporate entity in the Middle East participating in the Tezos ecosystem as a corporate baker, meaning that it will validate transactions (blocks) and add them to the Tezos blockchain. This follows the announcement by EDF group subsidiary Exaion (https://bit.ly/2MG4Qod), which became a corporate baker in October. Participating in the ecosystem as a baker not only strengthens the decentralization of the Tezos ecosystem but also reinforces its credibility and paves the way for future institutional adoption in the MENA region. Becoming a Tezos baker is seen by Taibah Valley as part of supporting the technology, and the communities that are interested in cryptocurr...

Saudi Arabia, Jan 7, 2021 - (ACN Newswire) - Nisbah Capital, the blockchain subsidiary of Saudi Arabia-based Taibah Valley will join the Tezos ecosystem as a corporate baker, the first in the Middle East region. It also has added the Tezos blockchain to its blockchain lab projects as part of its initiative to create the biggest blockchain community in the MENA region to support commercialized applications, counselling, mentoring and researching in the areas related to blockchain and cryptocurrency.In addition, through its subsidiary, Nisbah Capital, Taibah Valley has also become the first corporate entity in the Kingdom to participate in the Tezos ecosystem as a corporate baker, meaning that it will now validate transactions (blocks) and add them to the Tezos blockchain. This move follows an announcement (https://bit.ly/2MG4Qod) by EDF group subsidiary, Exaion, which became a corporate baker in October. Participating in the ecosystem as a baker not only strengthens the decentralization of the Tezos ecosystem but also reinforces its credibility and paves the way for future institutional adoption in the MENA region. Becoming a Tezos baker is seen by Taibah Valley as part of supportin...