Establishment of Almani Lighting GmbH, Germany.
In depth analysis and visits to the world’s best LED manufacturer.
Establishment of the Almani Lighting LLC, Dubai, UAE Branch.
Cooperation with ASAS Holdings, Dubai, UAE.
A range of 50 products in acrhitectural and residential lighting.
Inception of the idea for the BAL Platform.
Initial research and feasibility.
Recruitment of technical team for BAL Platform development.
Platform development initiated.
Product range covering 100 products in architectural, residential, commercial and decora-
ASAS Holdings invests in Almani Lighting LLC and acquires 51% ownership.
Establishment of a state-of-the-art Dubai showroom.
Several prestigious projects in UAE completed.
Product range covering 250 products in architectural, residential, commercial and decora-
BAL LightFinder and My Home Features Testing.
New two-story office in Dubai Investment Park.
Product range covering 600 products in architectural, residential, commercial, decorative,
industrial and outdoor lighting. Completion of two Sheikh palaces for the ruler of Sharjah emirate
BAL website development.
BAL My Tower testing and implementation.
Collaboration with Fiat Partner.
BAL Online Platform release.
Biggest LED lighting portfolio within the LED industry for a single brand (Almani).
Cooperation with 100+ high quality LED lighting manufacturer.
BAL backend development Phase 2.
White Paper drafting for the BAL Platform.
Centralized platform development completed and ready for community and manufacturers
Token generation event.
Seed Round Sale.
Seed Round successfully completed and raised USD $2 Million.
IEO planning and meetings with the most reputable crypto exchanges.
Marketing Campaign Kick-off.
My Home, My Tower, LightFinder brochure development.
Private funding initiatives.
Release of yellow paper (Technical Paper).
Exchange listing and public sale i.e., Initial Exchange Offering (IEO).
BAL nominated at Light Middle East for the most exciting startup, and its founders for
“Personality of the Year”.
Hiring blockchain developers and corporate restructuring.
Smart Contracts research and implementation.
Smart Contracts and Blockchain Architecture development started.
Participation in Roadshows.
Sponsorship of German embassy for Dubai Roadshow.
Desktop wallet development started with Crosschain asset transfer functionality.
Blockchain testing and improvement.
Participation in EXPO2020 projects.
Team expansion for hiring AI and Machine Learning specialists.
Research on artificial intelligence, machine learning, big data, and predictive analytics.
and their application within the BAL platform.
Mobile wallet application development started.
Business expansion into Scandinavian and Indian markets.
Blockchain Integration on Testnet.
Participation in roadshows and world business summits
Desktop wallet beta version release, a non-custodial multi-currency light wallet allowing
users to send, receive, and the eventually exchange of funds over Lightning Network with-
out needing to download full blockchains.
Release of a mobile version of the BAL wallet. This application will be compatible on all
devices and allow users to access our wallet and its features directly from their mobile
On-chain logistic, freight tracking functionality development initiated. This will enable
blockchain based traceability of logistics and freight activities happening within our eco-
Develop first reference implementation of the BAL network using the blockchain framework
Substrate and provide a public testnet. The network will be reviewable by the community.
Desktop wallet alpha version launched with the functionality of Crosschain Swapping. This
will allow users to transact multiple currencies directly, without converting via third-party-
Mobile wallet alpha version release.
Migration from Ethereum to patented blockchain.
Optional API development to enable better decision-making and more efficient energy
Business expansion to American markets.
On-chain logistic, freight tracking functionality implemented.
AI based Smart Contracts implementation.
Development of BAL Exchange for enabling digital asset trading.
Development of BAL Custodial Platform.
BAL As a Business: BAL In the Construction Industry
Development of BAL Tokenization platform.