Dubai, UAE – Kinetic Consulting Services today announced it would introduce blockchain venture builder, RedFOX Labs of Ho Chi Minh, Vietnam, into the MENA market through a recently established Joint Venture.
RedFOX Labs is a blockchain based tech company that identifies and builds proven unicorn business models for the emerging markets of Southeast Asia and now the MENA region. They create innovative and scalable solutions to unlock the true market potential on Komodo Platform, as they aim to create market leading companies in the e-commerce, e-media, e-travel and transport and logistics.
“Blockchain technology is a HOT topic in the MENA region” Said Joe Tawfik, CEO and Founder of Kinetic Consulting Services. “Kinetic Consulting Services has become a well respected brand and local institution for quality business solutions. The demand we have for blockchain services is growing daily, and by partnering with RedFOX Labs, we have access to not only amazing technology, but the opportunity to provide end to end blockchain business solutions to our clients. The Joint Venture allows us to cater to what we believe will be one of the fastest growing industries within the region”
RedFOX Labs has started designing its first few lead projects and is busy setting up their base in Vietnam, to tackle the bustling and emerging markets of the Southeast Asia region. Lead by an experienced team of C Level executives with global experience in disruptive tech and blockchain, RedFOX Labs is sure to be a hit, as they determine which large scale businesses and industries can be enhanced by the use of blockchain technology.
“RedFOX Labs had the MENA region earmarked for the future but it seems the demand brings us there sooner than we had expected” Said Ben Fairbank CEO and Co-Founder of RedFOX Labs. “We are proud to announce that we have established a JV with Kinetic Consulting Services, and can now begin operating in the MENA region. The demand for blockchain services in the region is increasing rapidly and we are already being inundated with requests for our services. Kinetic Consulting Services has an outstanding reputation in the region and we are excited about what this JV means for blockchain adoption.”
RedFOX Labs will now look to begin their collaboration with Kinetic Consulting Services as early as this month as they continue their seed round raise and begin to turn the first 2 concepts into actual companies.