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Smart Riyal Technology Pte. Ltd, a tech company that is already known for evoking high-flying deeds in the world of crypto currencies proudly announces ownership of the Crypto Riyal currency and Smart Riyal Artificial Intelligence platform, an AI, IoT, decentralized platform that could compute and make business turn smart and autonomic.

Smart Riyal Technology Pte. Ltd emerged as the first Arab company wholly owned by Arab entrepreneurs and investors, and working in the field of modern financial techniques, artificial intelligence, machine learning, and applications of “the internet of things”. The company is located in Singapore and manages its operations from three countries around the world London, Singapore, and Riyadh. The company owns the exclusive rights of the trademark Crypto Riyal, and it has a platform for artificial intelligence called Smart Riyal, along with an ambitious program to build four smart cities in the world continents.

Crypto Riyal is an Arab crypto digital currency depending on the blockchain technique. The currency has a wide range of technical advantages including the high level of security and rapid transactions. It is based on the Ethereum technical standards ERC-20 in carrying out the processes of smart contracts. The total number of Crypto Riyal tokens is 2 billion and referred to as CR.

The CEO of Smart Riyal Technology Pte. Ltd, BanderAl’Otebi, confirmed, in a special declaration, that there are official attempts of Iran to hack and steal the efforts of his Arab company and added that the Governing Council of Smart Riyal Technology Pte. Ltd is aware of the declarations issued by the Central Bank of Iran, the media reports about the project of launching a crypto currency would not affect its projects and continuous innovations in the field of modern financial techniques and crypto currencies; particularly Crypto Riyal currency and Smart Riyal Artificial Intelligence platform. in Iran, and the mining processes currently occurring in the Iranian desert.

Al’Otebi stated that the Crypto Riyal currency (CR), as known by investors in the cryptocurrencies field, is an Arab currency that recently joined the world market after research and development processes for two years by Smart Riyal Technology Pte. Ltd, which is based mainly in Singapore and owned completely by Arab entrepreneurs and investors.

BanderAl’Otebi disapproved the time of this announcement and the Iranian attempts coinciding with the success of his company to launch the Crypto Riyal currency and its rising demand. He pointed out that the company owns the whole rights of the trademark, the name, the internet domain addresses, and other legal licenses from worldwide credible official and organizational bodies.

Smart Riyal Technology Pte. Ltd pledges continuous innovations in the field of modern financial techniques and crypto currencies; particularly Crypto Riyal currency and Smart Riyal Artificial Intelligence platform.

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