News
Saudi Innovator Secures Patent For Revolutionary Crypto Asset
Rand Al Kharashi’s Quintes Protocol promises perpetual value growth and aims to disrupt both the crypto and traditional markets.
Saudi entrepreneur Rand Al Kharashi is causing a stir in the decentralized finance space after securing a Patent Cooperation Treaty (PCT) from the World Intellectual Property Organization (WIPO) for her groundbreaking Quintes Protocol — a cryptocurrency model designed to avoid depreciation.
Scheduled for launch in January 2025, Quintes Protocol is being hailed as a disruptive force in the cryptocurrency space. Its innovative framework offers a perpetually appreciating asset with projected annual value growth of 18-30%. The technology is expected to bring new stability and reliability to an industry often criticized for its volatility.
“This is more than a milestone for Quintes Protocol – it’s an affirmation that exceptional and continued value can be created in the crypto field,” explained Al Kharashi. “Backed by intensive research, verifications, and the knowledge of renowned token engineers and researchers from leading blockchain companies, Quintes has just one destination: to pioneer the future of DeFi with unmatched growth, blazing the way for an exciting new world of cryptocurrency value”.
The Quintes Protocol aims to outperform traditional investment classes like S&P 500 stocks, gold, and high-yield bonds, as well as major cryptocurrencies like Bitcoin and Ethereum. By offering predictable growth and mitigating the risks typically associated with crypto investments, it is poised to attract a wide range of investors.
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Speaking on the inspiration behind Quintes, Al Kharashi said, “We’ve seen the potential for cryptocurrencies to achieve great returns for investors, but that growth is fickle. Growth bubbles occur, burst suddenly and unexpectedly, and the value is often lost. That is what inspired the creation of Quintes and the concept of perpetual growth, based on predictable collateral value appreciation”.
The foundation of the Quintes Protocol is the result of intensive research by Kitabq Research Lab. The development team includes elite engineers and scientists with backgrounds at ConsenSys, Binance, and Algorand, as well as financial giants such as Morgan Stanley. Together, they’ve raised over $600 million and boast a track record of successful projects across Web2 and Web3.
News
Stake Powers Instant Payouts With Checkout.com Pay To Card
The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.
Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.
After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.
The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.
Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.
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Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.
Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.
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