QFC Digital Assets Lab key players collaborate to accelerate global blockchain adoption

Doha: Two key players in the Digital Assets Lab of the Qatar Financial Centre (QFC), a leading onshore financial and business hub in the region, enter...

Doha: Two key players in the Digital Assets Lab of the Qatar Financial Centre (QFC), a leading onshore financial and business hub in the region, entered into a strategic partnership to accelerate the impact of distributed ledger technologies (DLT) and digital assets across industries.

This alliance between SettleMint, the blockchain transformation company, and The Hashgraph Group (THG), a Swiss-based international business, venture capital and technology company, aims to make DLT more accessible for organisations worldwide and drive their adoption on a global scale.

In September 2024, the Lab launched its inaugural cohort, comprising 29 innovators, with the goal of providing them with a comprehensive ecosystem to develop, test, and commercialise cutting-edge solutions addressing industry needs and challenges through digital assets and distributed ledger technologies.  

The Lab was established to foster collaboration among start-ups, businesses, and researchers to develop innovative solutions, products, and services in digital assets and distributed ledger technologies.

The partnership between SettleMint and THA marks a milestone for the Lab, highlighting its potential to shape the industry and contribute significantly to the Qatari market.