QFC unveils Digital Assets Lab, powered by QCB, to facilitate open innovation in Qatar

The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has unveiled the QFC Digital Assets Lab, powered by Qatar Central Bank, in the presence of His Excellency Sheikh Bandar bin Mohammed bin Saoud Al-Thani, Governor, Qatar Central Bank, and His Excellency Sheikh Mohammed Bin Hamad Bin Qassim Al-Abdullah Al-Thani, Minister of Commerce and Industry.

The Digital Assets Lab is the inaugural programme to be launched under the Innovation Dome, an innovative platform that fosters transformative initiatives, aiming to position the country as a leader in the digital realm. The Lab will foster open innovation in Qatar through proof-of-concept and proof-of-value, accelerating the growth of Qatar’s digital sector in line with the vision to establish Doha as a global financial and commercial hub by 2030.

Within this space, innovation, research, and development are focused on cultivating promising digital concepts within the domain of Digital Assets and Distributed Ledger Technology. The aim is to transform these concepts into viable cutting-edge technologies that can be practically applied across various industries.

Source: Zawya