In a recent interview with Qatar News Agency, the   Secretary-General of Qatar's Research Development and Innovation Council (QRDI) Eng. Omar Ali Al Ansari affirmed that artificial intelligence (AI) science and the digital revolution related to "metaverse" and "blockchain" are among the most important technological transformations in the current era. He believes that these technologies are important due to their contributions to the development of scientific research and innovation, through its ability to analyze huge amounts of data and process them faster and more effectively, which leads to the discovery of new patterns in the data and contributes to innovative scientific discoveries. Al Ansari   added that   the digital revolution and Blockchain technology will provide new levels of security, transparency and security for information, which contributes to the development of methods of dealing with information and data, storing and exchanging them. It ...

  Two blockchain announcements have come out of Qatar demonstrating that the Gulf country is starting to utilize and grow DLT (Distributed Ledger Technologies) and Blockchain.  The first is the piloting of digital signatures and certificates to be validated on Qatar’s national blockchain network and the second is the inclusion of DLT in Qatar’s Central Bank Fintech strategy. This comes after Qatar announced its Blockchain blueprint in 2022 led by the Communications Regulatory Authority. Qatar’s Genesis Technologies launched the imdaat pilot, a decentralized signature and certificate issuance platform during AlFikra national entrepreneurship competition an initiative of Qatar Development Bank and Qatar University. As per the LinkedIn post by Genesis Co-Founder Mazen El Masri, “Over 130 certificates were issued, signed, and registered on Genesis blockchain network. Our team at Genesis Technologies LLC is happy and proud to support such national initiatives. The pilot was succ...

  Two professors at Qatar university came together to build a blockchain network from scratch that would not only be utilized as a ledger but also as a super computer. They named it Maxya given that its consensus mechanism creates added value by solving optimization problems for business. Lebanese-Canadian national Mazen El Masri, Co-Founder and CEO and  Syrian-French national Karim Yafi, CO-Founder and CTO, of Genesis Technologies, the tech company which developed Maxya, both Associate Professors at Qatar University started their project three years ago with a $2.6 million fund for an applied research program from Qatar National Research Fund, today they have launched MaxYa test net and are testing it with Qatar’s local sectors. The duo developed their consensus mechanism which they called “Proof of Useful Work”.   The Proof-of-Useful-Work (PoUW)” is an alternative mechanism for transaction validation that repurposes the squandered computing resources to beneficial ...