Market Data 
Vanar, the fastest and carbon-free Layer 1 blockchain, has joined hands with the Pakistan Blockchain Institute (PBI). This partnership is intended to advance AI and Internet of Things (IoT) technologies thus boosting the transformative effects in multiple sectors throughout the globe. Vanar disclosed this groundbreaking partnership through its social media platform, X. Vanar and PBI are all set to drive artificial intelligence (AI) and Internet of Things (IoT) innovation in Pakistan.
📢 NEW ADOPTION ALERT 📢
Vanar has officially partnered with the Pakistan Blockchain Institute (PBI)! 🚀
Together, we’re pushing the boundaries of AI and IoT innovation to transform industries worldwide. 🌐 pic.twitter.com/D2lsj6pIoO
— Vanar (@Vanarchain) October 19, 2024
Training and Development
The Pakistan Blockchain Institute (PBI) has certified over 15,000 blockchain specialists and started over 50 projects, making it a major regional blockchain centre. This partnership is of great significance as it will also enhance PBI’s activities, generating many jobs in the global economy. The aim is to prepare a new generation of managers for career development and to become competitive in growing digitalization.
PBI’s community comprises over 10,000 members and has initiated collaborations with the Government of Pakistan. These efforts simplify the shift from Web2 to Web3 while boosting the local blockchain ecosystem and promoting the adoption of decentralized technologies.
Vanar and PBI Partnership Focusing on AI, IoT, and Web3
The partnership between Vanar and PBI is set to build an ecosystem that emphasizes AI, payment solutions, real-world assets (RWAs), and entertainment. These sectors are critical in driving forward products that address the needs of consumers and businesses. The collaboration aims to deliver practical solutions that are both innovative and effective.
Vanar and PBI intend to position themselves as leaders in the blockchain space, leveraging their combined expertise to influence global markets. Their vision encompasses a commitment to fostering a skilled workforce and generating opportunities in the digital economy, ultimately contributing to advancing blockchain technology.
This is a significant leap towards building a talented and efficient workforce for the growing blockchain sector. Therefore, Vanar and PBI have similar goals and objectives to revolutionize the technology and innovation map in Pakistan and other parts of the world.
