Saudi Arabian based IR4LAB, a blockchain and AI tech provider during  the Web3 Summit in Lisbon held from November 13 to 16, 2023, showcased its cutting-edge solutions and announced its  gold classification by the Digital Government Authority (DGA) in Saudi Arabia which will position IR4LAB as a key player offering solutions to Saudi government initiatives.

The Web3 Summit, with a record-breaking 70,236 attendees from 183 countries, marked a momentous occasion for IR4LAB. Under the auspices of the Ministry of Communications and Information Technology (Saudi Arabia), the company’s recognition by the DGA underscores its commitment to advancing digital government initiatives and forging impactful collaborations.

IR4LAB’s gold classification, awarded as part of the Digital Government Cluster program, positions the company as a key player in bridging the gap between local and international ICT companies and government agencies. This recognition has further propelled IR4LAB into the elite program initiated by DGA, where it stands as the exclusive Blockchain company among the 18 chosen companies in Saudi Arabia.

The DGA’s elite program has set ambitious objectives:

  1. Shorten the gap between supply and demand for the digital government.
  2. Support SME development and increase SME participation in digital government opportunities.
  3. Facilitate private sector investments in ICT’s most promising companies and startups.

Majd AL AFIFI, Co-Founder and CEO of IR4LAB, expressed his excitement, stating, “The gold classification from the Digital Government Authority is a testament to our dedication to innovation and collaboration. We are proud to be recognized as a driving force in shaping the future of digital government in the Kingdom of Saudi Arabia and beyond.”

Mohamed EL KANDRI, Co-Founder and CTO of IR4LAB, added, “Being the only Blockchain company selected for the DGA’s elite program is a significant milestone and a recognition to our technical excellence we have built throughout the year. We are eager to contribute to the program’s objectives and establish enduring partnerships with government entities and top-tier SMEs, positioning IR4LAB as a Blockchain provider of choice for digital government initiatives.”

IR4LAB in 2023 expanded its operations to Africa.

During Gitex Africa, held in Morocco from 31 May – 2 June 2023, IR4LAB, a Saudi-based company specialized in disruptive technologies such as Blockchain and Artificial Intelligence., announced that it would be expanding its operations into Africa. The announcement was made during Gitex Africa. 

The expansion is part of IR4LAB’s commitment to the African continent and their aim to spur innovation in deep technologies and implement use cases utilizing IR4LAB’s Blockchain solution, DocCerts as well as other solutions offered.

Mohamed El Kandri, CTO and Co-Founder of IR4LAB, who made the announcement at the event, stated, “We are happy to be expanding into the African market. We believe that Africa’s digital economy will grow and we want to be part of this growth in innovation and digitization, but also building local capabilities right from Morocco to Africa”.

According to Mckinsey & Company, Africa’ digital economy should top $712 billion by 2050 fostered by its youthful population, smartphone adoption, and internet penetration.

Majd AL AFIFI, CEO and Co-Founder of IR4LAB adds, “More and more blockchain entities are setting up base in Africa, but we are glad that IR4LAB will be the first from Saudi Arabia to do so with the support of our leadership”.

This was not their first participation in Africa. In March at the first World Maintenance Summit 2023, held between 11th-12th May at King Mohamed 6 University in Marrakech (Morocco), organized by Morocco’s largest group OCP and its subsidiary OCP MS, IR4LAB presented on the use of Blockchain in industrial maintenance in general and specifically in industrial inspection.

At the event El Kandri highlighted the role that Blockchain could play in maintenance 4.0 and the benefits of using Blockchain in industrial inspection, he has also provided real life examples from IR4LAB’s current projects.

Prior to this During Saudi’s leading tech event LEAP 2023, held between February 7th-9th in Riyadh KSA, IR4LAB and SGS (Saudi Ground Services), jointly announced the implementation of DocCerts Blockchain management solution for all training related digital documents and ground service equipment licenses issued by SGS at 28 Saudi Arabian airports where SGS provides ground services.

IR4LAB, also recently was accepted into the Ministry of Communications Information Technology tech champions accelerator program powered by Silicon Valley’s Plug and play. Plug and Play was an early investor in Google, PayPal, Dropbox, LendingClub, N26, Soundhound, Honey, Kustomer, and Guardant Health.