stc Bahrain has taken a major step in advancing the MENA region’s Web3 ecosystem by successfully launching a node on Nillion’s Privacy-Enhancing Technologies Network (PetNet). This achievement follows the announcement of its partnership with Nillion earlier this year as part of stc Bahrain’s Web3 Launchpad Program, which connects the company with globally recognized Web3 protocols.
The launch of the PetNet node places stc Bahrain among the first enterprises worldwide to operate within this innovative network. The PetNet is designed to store and process sensitive data securely without compromising privacy, introducing a new way of enabling decentralized applications. Unlike traditional blockchain validators that verify public transactions, PetNet nodes work differently—they process fragmented data, ensuring no single node can reconstruct or access the full dataset. This unique architecture allows for secure computations on hidden data, unlocking new possibilities for privacy-focused applications across industries such as healthcare, finance, and telecommunications.
By joining the PetNet cluster, stc Bahrain is contributing to the development of Privacy-Enhancing Technologies (PETs) that address critical challenges in today’s digital landscape. These technologies are particularly important as businesses and individuals increasingly demand solutions that prioritize data security and privacy. The ability to perform computations on sensitive information without exposing it opens up use cases that were previously unattainable on conventional blockchain networks.
For stc Bahrain, this initiative is more than just a technological milestone—it represents a strategic move to expand its role in the global Web3 ecosystem. Through its Wholesale division, stc Bahrain plans to explore scalable use cases enabled by the PetNet and integrate them into its international network. This approach not only strengthens its position as a leader in decentralized technologies but also ensures that its customers and partners benefit from cutting-edge innovations.
The successful launch of the PetNet node is part of stc Bahrain’s broader vision to remain at the forefront of technological advancements. By embracing transformative solutions like Nillion’s PetNet, stc Bahrain is shaping the future of decentralized systems, driving innovation, and setting new standards for privacy and scalability in the Web3 era. As the world moves toward a more decentralized internet, stc Bahrain’s leadership in Privacy-Enhancing Technologies positions it as a key player in this rapidly evolving space.
About stc Bahrain
stc Bahrain, a subsidiary of stc Group, is the fastest-growing, most innovative digital enabler in Bahrain. Since entering Bahrain’s telecommunications market in 2010, stc Bahrain has revolutionized the telecommunications industry in the Kingdom of Bahrain and emerged as a market leader. This position has been maintained through consistent investment in next-generation technologies and innovative products and services, including advancements in cybersecurity, cloud computing, and mobile payments, and wholesale connectivity solutions. Our achievements include being the first in the region to pilot the foundation of 5.5G, launching the world's first structured Web3 Launchpad program, and driving blockchain innovation in the Middle East and beyond. This aligns with Bahrain’s Economic vision 2030, with ICT as a key driver of sustainable economic growth.
In 2018, stc Bahrain disrupted fintech with its stc pay ecosystem of services, which has evolved to become a subsidiary of stc Bahrain, officially licensed by the Central Bank of Bahrain. stc pay is an all-inclusive digital wallet, making financial services more accessible and driving the Kingdom toward a cashless future. Over the past decade, we've consistently topped Bahrain’s Telecommunications Regulatory Authority's Quality of Service report, reflecting our dedication to wide coverage and high-quality service. Through investments in Bahrain’s telecom sector, our evolution into a forward-thinking digital enabler aligns with the Kingdom's Economic Vision 2030.
The company's persistent dedication to innovation has earned it multiple awards, positioning it as a driving force in delivering telecommunications, digital, and mobile financial services for everyday customers, homes, and businesses.
stc Jusoor, the company's corporate social responsibility arm (meaning "bridges" in Arabic), aligns with Bahrain's Economic Vision 2030 and individual empowerment. Focusing on Community, Family, Eco, and Tech as key pillars, stc Jusoor's initiatives balance community development and technology, connecting and empowering individuals through the free exchange of experiences, ideas, and information.
Today, stc Bahrain stands not only as the preferred Telecommunications network in Bahrain but also as the most forward-looking digital enabler.
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About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging, and more.