Fantom Foundation is pleased to announce their partnership with The Private Office of Sheikh
Saeed bin Ahmed Al Maktoum. This partnership will see Fantom Foundation establish an
operational presence in Dubai.

Dubai has committed to becoming a world-leader in blockchain adoption as part of Smart Dubai
initiative. Dubai aims to be the “first city fully powered by blockchain by 2021.” The Smart Dubai
initiative was founded following the vision of Sheikh Mohammad bin Rashid Al Maktoum, Vice
President and Prime Minister of the UAE and Ruler of Dubai to collaborate with the private and
government sectors to empower and deliver efficient and happier city. Its goal is to achieve
efficiency by using blockchain in 100% of applicable government services; creating and
enabling blockchain ecosystem for startups and businesses and to become a global thought
leader.

Hisham Al Gurg, CEO of Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al
Maktoum, formalised the partnership with Fantom Foundation at a signing ceremony in their
Dubai head office with Fantom Foundation represented by Ashton Hettiarachi and David
Freuden.

Left to Right: Patrick Osman, Director – International Ventures, The Private Office, Hisham Al Gurg, CEO, The Private Office, Ashton Hettiarachi, Head of Innovation Lab, Fantom Foundation, David Freuden, Partner, Fantom Foundation

 

This partnership is the result of Fantom’s successful trip to Dubai in April and subsequent
discussions by the Sydney-based Fantom Innovation Lab, led by Ashton Hettiarachi and David
Freuden, along with Technical Advisor Andre Cronje. They participated in the Austrade
Blockchain Trade Mission 2019 and were welcomed to Dubai by the Australian Ambassador to
the UAE and hosted by Smart Dubai, Dubai Blockchain Center, and the Dubai Future
Foundation.

This commercial partnership will allow Fantom Foundation to operate under The Private Office
of Sheikh Ahmed bin Saeed Al Maktoum corporate umbrella to engage with Dubai and UAE
government and the private sector offering Fantom technology and services across multiple
public and private sectors.

“We are super excited to partner up with The Private Office of Sheikh Ahmed bin Saeed Al
Maktoum to bring innovation and build solutions for Dubai to create new economic opportunities
and deliver better user experience for UAE citizens.” Ashton Hettiarachi, Head of Innovation
Lab, Fantom Foundation.

“This day marks the beginning of a new partnership that lays the groundwork for integrating
Fantom Foundation’s platform into the vision of Dubai to become a blockchain city. Given their extensive experience in information sharing technology and their lengthy track record of
assisting customers, associates and businesses attain their long-term objectives and even
higher success, we look forward to seeing how this will significantly benefit the Smart Dubai
initiative strategy,” said Hisham Al Gurg, CEO, SEED Group and The Private Office of Sheikh
Saeed bin Ahmed Al Maktoum

Left to Right: David Freuden, Partner, Fantom Foundation; Ashton Hettiarachi, Head of Innovation Lab, Fantom Foundation: Hisham Al Gurg, CEO, The Private Office; Patrick Osman, Director – International Ventures, The Private Office

 

About Fantom Foundation (FTM)
Fantom is a DAG blockchain with a modulated tech stack solution with aBFT consensus
enabling fast, immutable and secure consensus. This makes Fantom Protocol ideal for highly
complex applications requiring high throughput such as data sharing, Machine-to-Machine
transactions and smart cities, such as public utilities, government services, traffic management,
telecommunications, healthcare, education, resource management and environmental
management.

About SEED Group and The Private Office of Sheikh Ahmed bin Saeed Al Maktoum
Over the past 16 years, SEED Group has formed strategic alliances with leading global
companies representing diverse regions and industries. These companies have propelled their
business interests and goals in the Middle East and North Africa region through the support and
strong base of regional connections of the SEED Group. The Group’s goal is to create mutually
beneficial partnerships with multinational organizations and to accelerate their sustainable
market entry and presence within the MENA region. SEED Group has been a key point in the
success of all its partners in the region helping them reach their target customers and
accelerate their businesses. The Private Office was established by Sheikh Saeed Bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet
The Private Office’s criteria.

For more information, visit www.seedgroup.com and www.the-private-office.com.

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