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The Communications Regulatory Authority (CRA) has issued the National Blockchain Blueprint for Qatar, which has been developed by CRA in collaboration with Hamad Bin Khalifa University (HBKU) and Qatar University (QU). The initiative aims to identify and build an efficient regulatory foundation for blockchain, creating a solid basis for the government’s approach in this field and creating and enabling a supportive environment for creativity and innovation.
The blueprint establishes the frame for blockchain at the national level and identifies its key elements, regulatory foundation, adoption foundation, innovation, and creativity. Further, it identifies key blockchain requirements and provides a set of recommendations for achieving the desired objectives.
Mr. Ali Al Suwaidi, Technical Affairs Department Director at CRA, said: "We are pleased to collaborate with HBKU and QU to issue the National Blockchain Blueprint for Qatar. Through the blueprint, we have set the most prominent opportunities that blockchain could bring to private and government sectors and outlined the necessities and incentives that must be provided by each sector for the technology adoption, which contributes to the development of emerging startups and pilot projects".
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