Nezam Tahquq team won the third place in the Innovation Award. The team was represented by Dr. Abdulrahman Al-Hudhaili from the Saudi Central Bank - Saudi Payments, Dr. Arwa Al-Ruwais and Ms. Areej Al-Amer from Prince Sattam University, as part of the Innovation Award initiative launched by the Ministry of Communications and Information Technology to support research and digital inventions in educational and research institutions.
The initiative is a step aimed at promoting a culture of innovation, digital research and development, and the development of digital capabilities in accordance with the objectives of the National Transformation Program and to achieve the Kingdom's 2030 vision. The Digital Innovation Award promotes a culture of innovation, digital research and development, developing digital capabilities and improving the concept of entrepreneurship by motivating researchers and digital patent holders, and working to transform research projects and digital inventions into digital business models that can become entrepreneurial business opportunities. A selection of researchers and patent holders competed for the award, among more than 1670 applicants across the Kingdom from various universities and sectors.
It is worth noting that the Takaq project is based on the development of the patent registered in the US Patent Office, which is an innovative and secure system for remote verification and uses encryption techniques to reduce cyber risks related to fixed passwords and addresses its most important challenges.