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Showing posts with the label Qatar Investment Authority

Qatar's Blockchain Blueprint falls short of Qatar's governments initiatives on the ground

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  Qatar’s National Blockchain Blueprint which was announced officially, is not much different from the National Blockchain Blueprint consultation paper that Qatar Communications Regulatory Authority published on its website back in August 2022. While the blueprint falls short of the aspirations of Qatar, on the ground things are moving forward.  The Qatar National Blockchain Blueprint is not clear on many aspects and lacks  updated statistics and with a lot of out dated information that makes it look more like a research paper on blockchain rather than a national blueprint. Yet it does depict the interest and seriousness of Qatar towards Blockchain implementation.   One of the most important points that stand out in the National Blockchain Blueprint is the discussion on the development of a solid regulatory   and legal framework which the paper reveals are essential for enabling the investment environment an creating a strong industry. The Blueprint also mentions the government

Qatar Sovereign Wealth Fund at DAVOS reasserts investment interest in Blockchain technology

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  During a Bloomberg TV interview at WEF Davos event, Mansoor Al Mahmoud, CEO, of Qatar Investment Authority, reaffirmed the fund's interest in investing in Blockchain technology, more precisely any application using Blockchain. Qatar’s sovereign wealth fund will use the current economic turmoil as an opportunity to rebalance its $450 billion portfolio. The Qatar Investment Authority is looking for opportunities in Europe, Asia and the US in sectors such as venture capital, fintech and sports except for crypto. As Al Mahmoud stated, “We are still not interested in crypto, yet we are interested in investing in Blockchain technology. Any application using Blockchain would be of our interest. This is a technology that came to remain. The QIA in October agreed to invest $2.5 billion in RWE AG to back the German utility’s purchase of US renewable assets. It was also a cornerstone investor in sports car brand Porsche AG’s IPO and has invested in a string of tech start-ups. Qatar