Australian NotCentralised to develop Blockchain certification attestation process for Qatar Government

Australian NotCentralised to develop Blockchain certification attestation process for Qatar Government

NotCentralised, an Australian based tech company that utilizes blockchain technology to offer solutions, has been selected by the Qatar Research, Development, and Innovation Council (QRDI), acting through Qatar Foundation, to lead and deliver a blockchain Optimization of Certification Attestation Process project.

As per the announcement, this initiative aims to design a state-of-the-art attestation flow leveraging emerging technologies for the benefit of Qatar in partnership with RedBelly Network a premier blockchain team and Microsoft. The team will use blockchain technology in certification attestation for Qatar.

As a specialist in emerging technologies, NotCentralised has deep expertise in Blockchain, Tokenization, and Generative AI. Our team has contributed to high-profile projects, including CBDC pilots for the Reserve Bank of Australia and Generative AI implementations for Sydney’s largest Primary Healthcare Network.

NotCentralised won the the first challenge, titled “Certification Attestation Process – Optimization through Blockchain Technology,” which aimed to address various issues associated with the current manual certification verification process, such as workforce requirements, extended processing times, semi-automated university and government systems, high costs, intricate procedures, susceptibility to errors, degree forgery, and unauthorized verification.

The initiative is supported by The Qatar Research, Development, and Innovation (QRDI) Council’s flagship program, Qatar Open Innovation (QOI), launched the Open Innovation Opportunities in partnership with the Ministry of Labour (MoL) in Qatar.

This collaboration represents a significant milestone to enrich the technology sector and promote innovation. QRDI’s QOI program, known for its dedication to fostering innovation, introduces an Innovation Opportunity geared towards transforming the certification attestation process and document analysis for Qatar’s Ministry of Labour.

There was also a second challenge, titled “Artificial Intelligence Driven Document Analysis for Qatar’s Ministry of Labour,” focuses on improving the efficiency of the Ministry of Labour’s operations. Manual document analysis has been time-consuming, labour-intensive, and error prone. By adopting AI-driven solutions, MoL aims to modernize its processes, reduce manual labour, and enhance efficiency, with a primary focus on contract analysis in the Arabic language.

Stobox receives license in Qatar to offer tokenization solutions

Stobox receives license in Qatar to offer tokenization solutions

Stobox, a blockchain enabled tokenization provider, has received a license in Qatar by Qatar Financial Centre (QFC) .

As per the press release, this milestone reinforces Stobox’s pivotal role in accelerating the adoption of real-world asset (RWA) tokenization across the Middle East and North Africa (MENA). The license will allow Stobox to bring its technology and expertise to one of the world’s fastest-growing digital economies.

Qatar Financial Centre houses businesses, from start-ups to large corporations, like Deutsche Bank, Citibank, and Industrial and Commercial Bank of China, among its clients. Now, these companies can access Stobox’s innovative tokenization frameworks and blockchain-powered financial solutions.

In addition to its operational license, Stobox has secured a business license to provide consulting services, technology solutions, and customer support.

“Securing this license marks a transformative moment for Stobox. It affirms our leadership in tokenization and unlocks access to government-supported initiatives, business development opportunities, and partnerships with major banks and investors. We’re committed to building a robust tokenization ecosystem in Qatar and throughout MENA,” said Ross Shemeliak, COO and Co-Founder.

Additionally, Stobox will introduce products to Qatar’s tokenization ecosystem such as Stobox 4 – an ecosystem where users can manage a diverse portfolio of assets with unparalleled security and ease. It accommodates an extensive range of cryptocurrencies while also pioneering the tokenization of real-world assets, transforming traditionally illiquid investments into accessible, liquid opportunities.
Turn-Key Solutions to Tokenize Your Real-World Assets.


It will also introduce the Stobox Decentralized Identity (DID) framework fortifies the integrity of tokenized transactions, ensuring that only credentialed and authorized participants can issue, transfer, or redeem digital assets. It aligns with global regulatory frameworks while streamlining compliance operations.

Additionally the company operates the STV3 Protocol delivers a secure, efficient, and scalable framework for managing tokenized assets. It integrates cutting-edge innovations for improved performance, regulatory compliance, and automated governance, thus providing a robust ruleset for modern digital asset ecosystems.

Stobox has already tokenized the world’s largest shrimp farm in collaboration with Qatar’s ICM Capital, a prominent conglomerate in the Gulf Cooperation Council (GCC). This project exemplifies the transformative potential of tokenization in the region.

Stobox is also working in the UAE and has initiated partnerships there.

Doha Bank launches Fintech Innovation Hub

Doha Bank launches Fintech Innovation Hub

Qatar based Doha Bank proudly has launched it Fintech and Innovation Hub, as an initiative to advance Qatar’s financial services ecosystem and the Qatar Central Bank (QCB) aspirations for fintech excellence. The Fintech Hub will foster innovative fintech solutions using AI and digital payment solutions within a regulated framework.

Doha Bank Group Chief Executive Officer Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, noted that the hub serves as a dynamic platform to nurture emerging technologies, support fintech entrepreneurs, and collaborate with stakeholders across the financial and regulatory landscape.

Sheikh Abdulrahman bin Fahad bin Faisal Al Thani remarked: “The Doha Bank Fintech and Innovation Hub embodies our commitment to Qatar National Vision 2030, serving as a catalyst for transforming financial services and fostering economic diversification. Our goal is to position Doha Bank as a leader in fintech innovation by creating a vibrant ecosystem where ideas flourish, regulatory frameworks advance, and global partnerships thrive. We invite all stakeholders to join us in shaping a future of growth, collaboration, and excellence.”

By embracing advanced technologies like artificial intelligence and digital payments, the hub accelerates digital transformation, enhancing customer experiences and operational efficiency. Furthermore, the hub provides mentorship, funding opportunities, and resources for start-ups to scale their operations.

Baiju Samuel, Chief Strategy and Transformation Officer of Doha Bank commented, “As part of the Fintech and Innovation hub, our ambition is to actively partner with and co-create solutions alongside fintech innovators who offer bespoke solutions tailored to address evolving banking product needs. We aim to deliver next-generation financial solutions that are seamless, secure, and customer-centric, positioning Doha Bank as a leader in digital transformation and innovation.”

Qatar National Bank Group signs partnership with QFC for digital assets and tokenization

Qatar National Bank Group signs partnership with QFC for digital assets and tokenization

As the second edition of Web Summit Qatar 2025 concludes, Qatar National Bank (QNB Group,) signed agreements with Qatar Financial Centre (QFC), Qatar Development Bank (QDB), and Rasmal Ventures. The agreement with QFC would allow fintech firms to access QNB banking infrastructure and support innovations in digital assets, tokenization, and embedded finance.

With QDB, the bank will collaborate on initiatives that promote Qatar’s entrepreneurial ecosystem, including funding opportunities for fintech startups and alternative financing models.


With Rasmal Ventures, QNB is creating new pathways for venture capital investment, enhancing support for high-potential startups and driving the adoption of cutting-edge financial technologies.


Speaking about the partnerships, Abdulla Mubarak Al-Khalifa, Group Chief Executive Officer of QNB, said, “Our strategic collaborations at Web Summit Qatar 2025 reflect our commitment to advancing digital finance and fostering a dynamic fintech ecosystem. By working closely with key financial and investment partners, QNB is strengthening Qatar’s role as a global financial hub and unlocking new opportunities for entrepreneurs and businesses to thrive in a rapidly evolving digital economy.”

Qatar Ministry of Labor to use blockchain for authenticating labor contract certificates

Qatar Ministry of Labor to use blockchain for authenticating labor contract certificates

The Qatar Ministry of Labor and the Qatar Research, Development and Innovation (QRDI) Council signed an agreement during the Web Summit 2025, to develop a blockchain-based system for verifying the authenticity of certificates and documents in the labor contract authentication service, on the sidelines of the Qatar Web Summit.

The Ministry of Labor (MoL) and the QRDI Council will work to enhance certificate authentication through blockchain technology. This initiative aims to streamline and secure the credential verification process, marking a significant step in Qatar’s digital transformation. This agreement paves the way for a more efficient, secure, and innovative approach to certificate authentication in Qatar’s labor sector.

Qatar Research, Development and Innovation (QRDI) Council was established in 2018, representing a new milestone in Qatar’s research, development and innovation (RDI) agenda. The Council’s first mission was to develop a national strategy that would optimize RDI activities and help realize the country’s overarching goals and ambitions.

Qatar had previously issued both its permission based DLT framework as well as its digital assets framework in an effort to meet the digitization strategy and 2030 vision for innovation.

Since then more than 29 entities have joined the Digital Assets Lab in Qatar Financial Center.

Powered by Qatar Central Bank, QFC launches its metaverse

Powered by Qatar Central Bank, QFC launches its metaverse

The Qatar Financial Centre (QFC) during the Web Summit event launched the QFC metaverse powered by Qatar Central Bank. The QFC metaverse builds on the success of the Digital Assets Lab and is designed to serve as an immersive digital platform for business engagement, collaboration and innovation.

QFC firms will be able to showcase their achievements, interact with global partners, and explore business opportunities. It will also act as a hub for virtual workshops, training sessions, and expert led discussion. Financial institutions, corporates, fintech firms, and startups will have the opportunity to connect, share insights, and drive innovation in an increasingly digitized world.

Addressing a press conference to announce the launch of QFC Metaverse, QFC CEO Yousuf Mohamed Al Jaida emphasized the significance of the initiative. He explained, “We see the QFC Metaverse as a gateway to the future of finance, a space where borders fade, partnerships flourish, and ideas can grow beyond what we thought possible. Through this platform, we will build a financial district and fintech hub that can easily be accessed by anyone from anywhere in the world.”

Al Jaida further highlighted that the QFC Metaverse is a core element of Qatar’s broader vision to drive digital transformation in the financial sector. “By harnessing emerging technologies, we are driving economic growth, fostering innovation, and laying strong foundations for thriving financial and digital sectors, positioning Qatar as a leader in these domains,” he added.

In a LinkedIn post, Aditya Kumar SinhaAditya Kumar Sinha, Head of Fintech and Digital Innovation at QFC noted, “We are proud to share that at Web Summit Qatar 2025, the Qatar Financial Centre (QFC) Authority officially launched the QFC Metaverse—a game-changing virtual platform designed to transform business engagement, collaboration, and innovation. He added that whether you’re an entrepreneur, investor, or innovator, the QFC Metaverse offers endless opportunities to collaborate and thrive.

B Capital establishes office in Qatar to support Fintech businesses

B Capital establishes office in Qatar to support Fintech businesses

B Capital today announced that it has established a new office in Doha as part of its expansion into the Middle East. A global multi-stage technology investment firm focused on enterprise, fintech, healthcare and climate sectors, B Capital plans to bring its global expertise to help advance innovation in the region. In addition, the firm will partner with Qatar Investment Authority (“QIA”), the sovereign wealth fund of the State of Qatar, to help drive these efforts.


“B Capital has been dedicated to identifying and supporting visionary entrepreneurs across North America and Asia, and we are attracted to the Middle East as a rapidly emerging hub for innovation,” said Raj Ganguly, Co-Founder and Co-CEO of B Capital. “With our deep global expertise, particularly in AI, and our commitment to backing transformative companies, we look forward to helping the region’s most innovative businesses shape the future of technology.”

B Capital invests globally in exceptional founders and businesses driving innovation through technology. With over $8 billion in assets under management, the firm targets seed to late-stage growth technology investments. B Capital’s value-add platform, as well as its strategic partnership with The Boston Consulting Group, equips entrepreneurs with the tools and resources to scale quickly, expand into new markets and build market-leading businesses.

Allo XYZ tokenization platform accepted into Qatar Digital Assets Lab

Allo XYZ tokenization platform accepted into Qatar Digital Assets Lab

UAE based Allo.xyz, a blockchain platform for AI Agent Funds and Real World Assets with $2 billion+ in tokenized assets, which received a $100M credit facility backed by Bitcoin has been accepted into Qatar’s Digital Assets Lab, bolstering its presence in the crypto lending sector.

Allo xyz has participated in Binance Labs and BNB Chain’s MVB Accelerator program and tokenized $2.2B in assets on BNB Chain. The company seeks to tokenize $1 trillion assets by 2030.

RWA tokenization is the process of converting rights to a real-world asset into a digital token on a blockchain. These assets can include real estate, art, commodities, or even intellectual property. By tokenizing these assets, we bridge the physical world and the digital realm, enabling fractional ownership, increased liquidity, and more efficient trading.

In 2025, the concept of tokenization has seen remarkable growth, the growth trajectory suggests that the RWA tokenization market could potentially reach a staggering $30.1 trillion by 2034.

“We’re projecting a very strong Q4 this year. Stablecoins are about $200 billion. In TVL, we have treasuries at about a few billion dollars. Private credit at about $10 billion. Treasuries, stablecoins, and private credit are early movers in the space, and we’ll see a continuation of that,” said Kingsley Advani, Founder and CEO of Allo XYZ told BeInCrypto in a recent article.

So far the Qatar Digital Assets Labs has accepted, Accelerated Sustainable Materials Discovery, Alt DRX a Digital Real Estate Exchange, ArcaX, Asset Share, Audteye, Blade Labs, BlockStead, FinRock, DMZ, evergon, FalconNest Labs, iTOO technologies, mintus, oori, partier, Polygon, Proptech, Scie NFT, SettleMint, SeedraChain, Skarguard Taurus, xALTs, Verity, SurferMonkey, Ryzer Doha Digits, Hacken, Root VX, DAVID and Stobox.

Qatar Investment Authority funds Rasmal Ventures

Qatar Investment Authority funds Rasmal Ventures

Qatar Investment Authority has funded Rasmal Ventures LLC as part of its Fund of Funds Program. The funding is received into Rasmal Venture’s inaugural, home-grown venture capital fund, Rasmal Innovation Fund I LLC, which targets high-performance startups and scales up across a variety of innovative technology sectors, including fintech, B2B SaaS, HealthTech and AI.

Rasmal Innovation Fund I LLC is the first fund announcement as part of QIA’s $1 billion Fund of Funds program announced as open to applicants in February 2024.

To date, the Rasmal Innovation Fund I LLC has closed funding from QIA’s Fund of Funds, corporates, family offices and individual high-net-worth investors with an aim to reach $100 million in investment commitments. The fund is only open to professional investors as defined in QFCRA regulation.

Alexander Wiedmer, Co-Managing Partner of Rasmal Ventures, said, “As the first private VC fund based in Doha, we have forged strong partnerships with leading Qatari institutions to work closely with exceptional founders, stimulate innovation, and meet the region’s unique needs. While still in the early stages of capital deployment, we take pride in our first investments in proprietary tech startups. The trust QIA and our other investors placed in us is a testament to our team’s capabilities and dedication. We will continue to grow our presence across the region and execute our highly selective investment strategy to establish ourselves as a key player in the MENA VC landscape.”

CEO of QFC believes AI and Blockchain broaden access to alternative investments

CEO of QFC believes AI and Blockchain broaden access to alternative investments

The CEO of Qatar Financial Center made some interesting remarks during The third edition of the annual Qatar Financial Market Forum 2025 themed ‘Public Growth and Private Capital’ was hosted by Qatar Financial Centre (QFC), in collaboration with Bloomberg Intelligence (BI), the research division of Bloomberg LP. He noted that emerging technologies are evolving at an unprecedented pace and no industry is untouched especially the financial markets, and that AI and Blockchain are broadening access to alternative investments

Yousuf Mohamed Al Jaida, Chief Executive Officer, QFC in his opening speech noted that disruptive technologies like AI and Blockchain are enhancing efficiency and creating new financial products.

He also added that advances in AI and data analytics are enhancing private lending efficiency, improving risk assessments and opening new opportunities for private credit providers, while digital platforms, leveraging blockchain and AI are broadening access to alternative investments, attracting a more diverse range of investors, he said.

As public markets become more volatile due to geopolitical tensions, trade disputes and rising debt levels, investors are increasingly diversifying into alternative investments, such as private equity and credit to hedge against financial uncertainty while seeking higher returns and reduced exposure to market fluctuations.

QFC has been at the forefront of bringing Blockchain and AI technologies into the financial sector. Their focus is on tokenization of real estate securities, and bonds. QFC has already not only created the digital assets lab, but also a DLT and digital assets framework. Companies such as R3, The Hashgraph Association and SettleMint have joined the ranks as partners to support the digital asset and tokenization goals set by QFC.