(Menarfin– Middle East.Info)ABU DHABI – Zero Two, Abu Dhabi’s leading digital asset infrastructure company, has started operations to cater to the rapidly growing interest in Web3 technologies and its ecosystem. With a unique, fully integrated offering in an end-to-end digital asset infrastructure solution, Zero Two aims to be a trusted partner to companies seeking to capitalize on the broad scope of innovation and transformative potential offered by this technology. The company’s services range from developing power infrastructure to sourcing and testing latest-generation technologies, to building and operating data centers, and providing digital asset management services.
As the digital economy continues to mature, digital assets have the potential to increase visibility, transparency, coordination, and information sharing across company boundaries through various applications, thereby promising to address structural challenges and improve operational efficiency. Zero Two was created to develop, operate and invest in best-in-class technology to accelerate and support the region’s digital assets and Web3 ecosystem, which includes concepts such as decentralization and token-based economies.
Zero Two will play an integral role in promoting the continued stability of Abu Dhabi’s grid, while contributing to the UAE’s commitment to net zero and the transition to a sustainable and decarbonized economy. Further supporting the resilience of the local grid by operating its state-of-the-art data center in Abu Dhabi by utilizing excess power during low demand seasons.
Commenting on the start of the company’s operations, Ahmed Al Hameli, CEO of Zero Two said: “Digital assets have enormous potential and are only just beginning to be explored and exploited. Zero Two enters the market with a strong and broad business model to meet the rapidly emerging needs, with a clear commitment to meeting the highest standards of safety and compliance. We believe our products, which harness excess power from the local grid, the first of its kind in the UAE and the wider region, will not only meet the needs of our customers, but will also Exceeding their expectations for various energy sources can benefit from deploying distributed ledger technology.”
The name “zero two” comes from the meaning of the numbers 0 and 2 in Web3 technology.
About Zero Two:
Zero Two, part of ADQ, is a digital asset infrastructure development company focused on supporting the resiliency of local grids as the country progresses on its journey to net zero. Headquartered in Abu Dhabi, Zero Two develops, operates and invests in best-in-class technology to accelerate and support the region’s digital assets and Web3 ecosystem, partnering with energy and utilities leaders and government agencies.
