Accubits Technologies Pvt. Ltd (Accubits) announced that it has signed an agreement with GigECoin. The agreement extends the two entities’ partnership to boost the gig economy by providing the best global talent.

Accubits, CEO (EMEA) and Global CSO, Shameer Thaha (left) and GigEcoin, CEO Mr. Joseph Daramola (right) sign the agreement at Dubai Future Accelerators headquarters in Dubai, UAE

The signing ceremony took place in Dubai under Dubai Future Foundation’s Dubai Future Accelerators (DFA) at DFA’s Emirates Towers headquarters. The agreement was signed by GigEcoin’s CEO, Mr. Joseph Daramola and Accubits’ CEO (EMEA) & Global CSO, Mr. Shameer Thaha. Accubits participated in DFA’s fifth cohort and GigEcoin was a top 20 finalist at the Smart Dubai Blockchain Challenge supported by DFA.

GigEcoin is a London based startup offering a decentralized platform with zero commission fee to connect freelancers with jobs and a multinational transfer pricing platform for efficient cross-border transfer pricing management.

Accubits is a digital transformation specialist with expertise in emerging technologies such as AI & Blockchain. Accubits’ flagship product AccuCerts offers digital traceability of the certification process to certify and authenticate candidates through universities and colleges using Blockchain technology brings trust to the GigEcoin platform. This enables universities as well as corporates to boost credibility by eliminating forgeries. Certificates powered by Accucerts are registered on a blockchain, cryptographically signed, tamper-proof and shareable.

GigEcoin and Accubits have also partnered to roll out AccuPay, a payment gateway solution from Accubits to handle payments on the GigEcoin platform. AccuPay is a battle-tested product that allows businesses to accept multiple cryptocurrencies.

Executive Director at Dubai Future Foundation, Saeed Al Falasi highlighted the importance of collaboration and providing the necessary platforms and environments that encourage such partnerships, further positioning Dubai as an ideal destination for emerging tech startups.

“We are honoured and pleased to be fostering such partnerships that hold immense potential and come as a reflection of what Dubai aims at in shaping a brighter smarter future. Giving startups the tools, connections, and environment to thrive is at the core of what we do as enablers of future global connectivity,” said Al Falasi.

Accubits, CEO (EMEA) Mr. Shameer Thaha added “The culmination of AccuCerts, AccuPay and GigEcoin will enable a robust framework for freelancers and organizations to connect and work together in a decentralized and secure manner. Dubai has a reputation for pioneering global change with the vision of great leadership. We are honoured to help them realize their vision for every citizen contributing to Dubai’s strategic goals.”

GigEcoin CEO, Mr. Joseph added “We are happy to explore this collaboration to leverage blockchain technology in the certification of candidate and micro-payment processors for freelancers in the gig economy. The collaboration will help build an ecosystem to make cross border work possible across the UAE and Africa. Following the smart Dubai blockchain challenge, we are honoured by the vote of confidence to further explore the continued development of our use case in blockchain DLT recruitment use case and look forward to the continued support.”

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the Chairman of Dubai Future Foundation under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, created Dubai Future Accelerators in 2016 to make Dubai the birthplace for exponential technologies that will shape the course of humanity over the next century.

Learn more about Accubits and GigEcoin at www.accubits.com and www.gigecoin.com

Media Contact
Company Name: GigEcoin By Pay Limited
Contact Person: Adedayo Odamo
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Website: http://www.gigecoin.com/