Robo.ai Collaborates with Zand Bank, the Middle East's First Fully Digital Bank, to Innovate in Machine Economy Fintech

Strategic Partnership Announcement: Robo.ai has signed a Memorandum of Understanding with Zand Bank to integrate its intelligent hardware ecosystem with Zand Bank's digital financial system, focusing on AED stablecoin payments, IoT asset custody, and Real-World Asset tokenization.

Machine Payment Innovation: The collaboration aims to enhance transaction efficiency by integrating Zand Bank's AED stablecoin into Robo.ai's IoT devices for automatic settlements in Human-to-Machine and Machine-to-Machine interactions.

Digital Asset Custody and Tokenization: The partnership will utilize Zand Bank's compliant custody wallets for secure asset storage and will enable the tokenization of physical assets into standardized on-chain shares, improving asset liquidity.

Support for ESG Goals: The initiative will also generate auditable on-chain ESG reports from IoT sensor data, contributing to Dubai's 2050 Net Zero Carbon emissions target and promoting the financialization of ESG data.