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AL Jabeer Technology, a subsidiary of AL Jaber Group, has successfully acquired Ledgerblock International Technology Co to advance blockchain technology and expand its presence in the region.
The decision to acquire Ledgerblock was driven by the huge potential of LBVV COIN and its huge user base of 500,000 members across 60 countries. AL Jabeer aims to use this acquisition to bring the latest advances in blockchain technology to a wider audience.
As part of the restructuring process, Ledgerblock’s previous management team will be leaving, enabling AL Jabeer to transform the organization into a Decentralized Autonomous Organization (DAO) model.
positive development
AL Jabeer Technology will introduce cutting-edge blockchain technology to the market and looks forward to positive developments in the near future. The acquisition marks an important milestone for AL Jabeer, marking a substantial investment in blockchain technology and the potential of the LBVV coin.
Ledgerblock recently launched its official token, LBVV Coin, which is currently worth 0.33 cents. LBVV Coin can be obtained through various cryptocurrency exchanges, the current provider is Pancake Swap.
LBVV Coin is now listed on Coin Market Cap with transparent price tracking and the white paper is available at Ledgerblock.io. Additionally, Ledgerblock offers an NFT marketplace where collectors can buy and collect the NFTs they want.
Robust Roadmap
Ledgerblock has a strong roadmap for developing blockchain applications, cryptocurrencies, non-fungible tokens, NFT marketplaces, Avatars, Metaverse-Meta Commerce, Game Fi and Hash Games.
“I am delighted with the new ownership as it brings new ideas and perspectives that can further drive our growth and success in the market. We look forward to this new chapter and believe that under their leadership we will Continue to thrive and bring innovative solutions to our clients,” said Captain Mohd Ikhwanul Shafiq, Director of Marketing at Ledgerblock. — trade arab news agency
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