Qatar Financial Center launches Digital Assets Lab

Qatar Financial Center launches Digital Assets Lab

The Qatar Financial Center (QFC), a leading onshore financial and business center in the region, has unveiled the QFC Digital Assets Lab, powered by Qatar Central Bank (QCB).

The Digital Assets Lab is the inaugural program to be launched under the Innovation Dome, an innovative platform that fosters transformative initiatives, aiming to position the country as a leader in the digital realm. The lab will foster open innovation in Qatar through proof-of-concept and proof-of-value, accelerating the growth of Qatar’s digital sector in line with the vision to establish Doha as a global financial and commercial hub by 2030.

Within this space, innovation, research, and development are focused on cultivating promising digital concepts within the domain of Digital Assets and Distributed Ledger Technology. The aim is to transform these concepts into viable cutting-edge technologies that can be practically applied across various industries.

Sheikh Bandar bin Mohammed bin Saoud Al Thani

Governor – QCB,

Chairman – QFCRA “Qatar Financial Center’s initiative is one of the key objectives of Qatar Central Bank’s Fintech Strategy launched in March 2023 in line with Qatar National Vision 2030. This initiative will create a favorable environment for the diversification of digital assets, increasing business competitiveness, and encouraging entrepreneurship and innovation. It will