FOR IMMEDIATE RELEASE
NEWS PROVIDED BY: CH Group
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CH GROUP ANNOUNCES DEVELOPMENT OF OVERSEAS DATA CENTERS AND GLOBAL DIGITAL MARKETPLACES IN PARTNERSHIP WITH CROWDPOINT TECHNOLOGIES
New York, New York USA – October 4, 2022:
The CH Group family of companies (“CH Group”) is pleased to announce plans for the development of (1) “green,” next-generation data centers to serve select countries in the Middle East and North Africa (MENA) region; and (2) global digital marketplaces, focused on serving the needs of governments, businesses and consumers in the OIC countries and the GCC and MENA regions, including for eCommerce; Travel & Tourism; Real Estate, Health and other Critical Public, Commercial and Personal Records; NFTs; Supply Chain; Digital Banking; Asset-Backed Digital Currency; Digital Trade (B2B & B2C); Metaverse Experiences; and Digital Wallets.
To implement these GIGA-Project plans, CH Group affiliates recently partnered with CrowdPoint Technologies Inc. (“CrowdPoint”) in joint venture relationships to target development of Egyptian Data Centers, and CH Group’s global digital marketplaces using CrowdPoint’s comprehensive foundational Vogon blockchain system to provide a next-generation fast, safe, secure, scalable, energy-efficient and interoperable platform across the technology landscape. CrowdPoint will build and help operate CH Group’s marketplace offerings as decentralized applications (dAPPS) on top of its existing technologies.
Of note, CH Group and CrowdPoint are already engaged and working with international and local partners and stakeholders, to help ensure these next-generation projects harmonize with local priorities and visions, as well as promote healthier, more wholesome and ethical lifestyle.
CH Group Chairman/CEO Elsayed Zayan, commented, “CH Group is pleased to be partnering with CrowdPoint. We anticipate that its’ scalable, fast, secure and environmentally friendly blockchain solutions and know-how will help accelerate CH Group’s leadership in the digital and data spaces.”
Solon Kandel, CH Group Chief Business Officer added, “By targeting unprecedented technologies and offerings to one of the most lucrative, yet underserved, regions in the world, we expect to help grow many of the economic sectors that encompass these markets.”
Sean Brehm, CEO of CrowdPoint, noted, “We are excited to partner with CH Group, a global leader in Western and Islamic business and lifestyle, and expand its mission to build alliances with public and private partners, expand capabilities in these new markets, introduce cutting-edge data and digital products and services, and strengthen the participation and capabilities of local communities on our blockchain solutions.”
ABOUT CH GROUP
The CH Family of Companies (“CH Group”), constitute a diversified conglomerate, spanning a variety of multi-national products, services and solutions, including in the areas of business development; commodities; platform businesses and technologies; real estate, infrastructure and GIGA-projects; operations; and finance (www.chgroupus.com ).
CH Group’s world mission is to connect, develop and promote, from Local to Global™, all aspects of a wholesome, healthy, ethical and productive lifestyle, including uniquely in all eight economic “Sectors” – Food, Finance, Pharmaceuticals, Cosmetics, Tourism, Fashion, Media/Entertainment and Healthcare. Over the next few years, these Sectors represent an estimated addressable market of up to $10 Trillion.
CH Group accomplishes its goals by bridging the Western and Islamic cultural and business divide, building public and private alliances, opening new markets, sourcing new products, aligning strategic objectives and strengthening local communities. In the process, CH Group helps build a more harmonious and prosperous world of “win-win” collaboration, cooperation and peace.
ABOUT CROWDPOINT
CrowdPoint Technologies, Inc. ("CrowdPoint") is a next generation digital platform provider focused on enabling open, honest, and stable markets centered around the human identity. Launched in 2020 by a group of serial entrepreneurs, it is composed of distributed team members located around the globe (www.crowdpointtech.com).
CrowdPoint’s purpose is to be a Trusted Agent in an Untrusted World, by being at the forefront of the intelligence age and leading the Web3/blockchain competitive landscape with the advent of its crwd_platform, crwdunits (www.crwdunit.com) and Vogon decentralized cryptographic cloud technology. It has developed a unique methodology to correct the data-sharing problem by fixing the foundations of internet technology, building fintech-enabled delivery channels for the market, and empowering the average user with powerful new tokenized asset classes. Its digital platform combines the power of big data, artificial intelligence, and blockchain technology to create a shared services platform for decentralized exchanges and marketplaces.
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