Entrepreneur News

Qatar’s Digital Lab enables blockchain collabs

A new collaboration at the Digital Assets Lab at Qatar Financial Centre aims to make distributed ledger technologies (DLT) accessible to organisations worldwide. DLT are digital systems (such as blockchain) that record and share data across multiple locations or participants simultaneously, without needing a central authority.

The partnership between SettleMint and The Hashgraph Group exemplifies the Lab’s role in driving advancements in digital assets, paving the way for sustainable economic growth. The Lab aims to foster innovation, research, and development in the fields of digital assets and DLT by providing a collaborative environment where startups, businesses, and researchers can explore and develop innovative solutions, products, and services.

By positioning Qatar as a hub for digital innovation, the Lab contributes to the growth of the digital economy and promotes the adoption of emerging technologies across multiple sectors, as well as offering a pathway for participants to secure a full operational licence in Qatar.

Gulf Economist Staff Writer