Blockchain Expert Don Tapscott speaking at Blockchain Revolution Summit in Qatar

Blockchain Expert Don Tapscott speaking at Blockchain Revolution Summit in Qatar

Qatar will witness a blockchain revolution summit on the 26th of May 2022 at St. Regis Doha Qatar, with the participation of Dr. Don Tapscott, Executive Chairman of the Blockchain Research Institute, and well known as a leading Blockchain expert.

The summit is being organized by the Blockchain Research Institute Middle East, the first regional branch of Blockchain Research Institute based out of Qatar. The event is set to discuss opportunities to create industry solution frameworks and guidelines leveraging blockchain technologies to secure data, reduce costs and improve timelines.

The interesting highlights of this summit are the speakers and sponsors. Aside from Don Tapscott, speakers include Fadi Nasser, Chief Commercial Officer of Meeza Qatar. Meeza is also sponsoring the event. Nebil Ben Aissa, Chief Executive officer for Nexxo, a private equity investment network dedicated to FinTech is also participating.

In addition Khalid Al Ansari a Doctor of Law (JD) and a Ph.D. candidate in Islamic Finance and Economy at Hamad Bin Khalifa University in Doha, Qatar currently working on finalizing his Ph.D. dissertation in digital economy and blockchain, is also participating as a speaker.  

While both, Shahid A Syed, Head of Transaction Banking & Innovation Dukhan Bank and Mr. Gudni Stiholt Adalsteinsson Acting CEO Doha Bank & Chief Treasury & Investment Officer are also participating as speakers with Doha Bank sponsoring as well.

Dr. Ammar Darwish Al-Obaidani President of the Oman Blockchain Club (2017-2019) is also participating. Since 2019, he has been leading a government company that develops customized integrated digital solutions as a CEO (Frontier Technology LLC).

The significance lies in the level of participants which including the banking and academic sector as well as investors.

This summit comes at a significant time in Qatar. In April for example Qatar Airways announced  it has stepped into the metaverse with the launch of Qverse a Virtual reality experience for visitors on its website with MetaHuman cabin crew, called Sama giving virtual tours. Sama’s name originates from Arabic and translates to ‘sky’. She is a high fidelity digital human brought to life using Epic Games’ Unreal Engine, real-time 3D creation tool that’s used by leading game makers. Neutral Digital developed the VR experience for Qatar airways.

In addition Ooreedo Qatar, mobile telecom group, will be holding its EA Sports FIFA22 Champions Cup being entirely broadcasted in the metaverse and will offer exclusive NFT tokens. The tournament is taking place on May May 24, 25, and 28 at Aspire Ladies Sports Hall in Doha in front of e-Sports enthusiasts who will get the chance to see prominent gamers compete for the title.

Major FIFA and Qatari influencers will also attend the tournament, in addition to a plethora of entertainment and activities to ensure an unforgettable night. Ooredoo Nation – Gamers’ Land, the company’s own eSports brand, will also offer a selection of exclusive non-fungible tokens (NFTs).

“We are proud and excited to be venturing into the world of Web 3.0 technologies with this latest eSports development, which aligns perfectly with our strategic commitment to investment in innovation,” said Nasser bin Hamad bin Nasser Al Thani, Chief Commercial Officer at Ooredoo.

“We see eSports as one of the key areas of focus in this digital era, and an area in which we can explore the many opportunities to offer our customers an unrivalled experience.”

This comes after FIFA2022 announced that crypto.com will be sponsoring and AlGorand Blockchain will be a partner. It also comes after CoinMENA, crypto exchange announced it is serving clients in Qatar which prompted a reply from Qatar Central Bank noting that it has not licensed any crypto exchanges in Qatar and will take legal actions against any crypto exchange which claims to be operating with a license in Qatar. When questioned by LaraontheBlock Dina Semaan noted, “ People took this out of context, we never said we were licensed or regulated in Qatar, we said we now offer our services to Qatar, which could be from any location in the world and in this case from our licensed entity in Bahrain.” She added, “We can support all GCC countries and other MENA countries upon approval from Central Bank of Bahrain.”

Qatar opens its doors to CoinMENA Crypto exchange as a regulated exchange

Qatar opens its doors to CoinMENA Crypto exchange as a regulated exchange

CoinMENA Chief Operating Officer Dina Semaan announced today on twitter that CoinMENA crypto exchange is now serving clients in Qatar. This would be the first crypto exchange to officially announce that it is serving clients in Qatar. As per her tweet, “Starting from today, CoinMENA services are now being offered in Qatar, making us the first regulated crypto exchange to be offering services in Qatar.” She adds with this expansion we now offer CoinMENA services in six Arab countries, and we continue to achieve our goals of offering the simplest and easiest method for trading crypto.” This comes after Qatar’s FIFA 2022 took on sponsors such as Crypto.com, one of the international crypto exchanges globally. It also comes after FIFA signed up AlGorand Blockchain as a sponsor and partner for their digitization plans in the sports and entertainment sector. CoinMENA was first regulated in Bahrain, and then sought regulation in UAE, and offers its services in KSA, Kuwait, Oman, and now Qatar as a regulated entity. In the press release CoinMENA confirms that it has become the first regional digital assets exchange to offer its services in Qatar, meaning that users across the Gulf state can now easily and safely invest in cryptocurrencies for the first time. Qatari citizens and residents can open accounts with CoinMENA and have access to all the features the platform has to offer, including connecting their bank accounts to their CoinMENA wallets, enabling them to deposit and withdraw funds directly and safely within minutes. Commenting in a joint statement, CoinMENA Co-Founders Dina Sam’an and Talal Tabbaa said: “We are delighted to become the first crypto exchange to offer our services in Qatar. Investors have been asking about our plans to enter the country for some time now, so this news represents a major milestone on our long-term geographic market expansion plans.” The Bahrain-headquartered firm recently became the first onshore licensed crypto exchange to introduce limit trading, enabling the CoinMENA users to set the price at which they wish to buy and sell crypto. Users in Qatar will also be able to utilize the recently added features including withdrawing USDT via the TRON network for lower fees, and earning bonus rewards when they invite their friends through CoinMENA’s referral program. “CoinMENA’s entry into Qatar is a huge step on our journey to becoming the Middle East and North Africa (MENA) region’s preferred crypto financial services company,” said Sam’an. “Our team is constantly striving to onboard new countries and introduces new features to a wider audience.” “We are immensely proud of everything we have achieved during our first year of operations,” Tabbaa added. “However, we still have a lot to achieve, which is why we will continue to work tirelessly to deliver the best possible experience for our ever-expanding user base.”