NSSG a Omani cybersecurity firm that specializes in safeguarding digital assets and sensitive information has partnered with Settlemint a blockchain firm that enables enterprises to easily and rapidly build and integrate blockchain applications, while empowering teams with the skills, knowledge, methodologies, guidance and ongoing support they need.

As per an X statement, ” The collaboration aims to introduce and support blockchain transformation in Oman by bridging the gap between people, processes, and technology.

NSSG provides top-tier cybersecurity solutions, expert consulting services and innovative product manufacturing, all working in harmony to safe-guard our clients’ digital assets and privacy. As per their website, “We are committed to achieving excellence through innovation, expertise, and dedication to fulfilling our client’s security needs.”

The signing agreement was in the presence of NSSG’s Chief Technology Officer, Hamza Al Jaafari, and from SettleMint, the VP of EMEA, Sunath Kolazh.

NSSG noted, “We are committed to providing organizations with the skills, knowledge, methodologies, guidance, and ongoing support necessary for successful blockchain implementation.”

Settlemint has been expanding its partnerships in the GCC region. It recently partnered with the Islamic Research and Training Institute, the research arm of the Islamic Development Bank Group (IsDB), have embarked on a journey to build blockchain based Sharia compliant financial products. The first project will be concerned with Sharia compliant subsidy distribution aimed at creating an efficient and transparent system for Sharia-compliant subsidy distribution for its 57 member countries globally, encompassing 1.7 billion people.

Additionally in Qatar, Qatar Financial Authority signed an MOU with Blockchain entity SettleMint to forward digital asset industry.