The Qatari government has published a new consultation on wide-ranging plans to encourage the development of blockchain technology through both “regulation and innovation”.
According to the National Blockchain Blueprint (23 pages / 1.12MB PDF), blockchain technology can help to build “an innovative and growing IT sector” in Qatar that increases domestic and foreign investment. The blueprint identifies key requirements for blockchain’s development, including the creation of an “efficient regulatory foundation” for the technology, and establishing a “supportive environment for creativity and innovation” in Qatar.
The Communications Regulatory Authority (CRA), Hamad Bin Khalifa University and Qatar University, which produced the blueprint, said new regulations were important not only to “protect users and ensure security”, but also to “provide the adequate legal framework that allows blockchain innovation and adoption.” They added that new regulations were needed to identify the “...
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