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MBK Holding, an funding holding firm with its principal workplace in Qatar and a subsidiary in the UK, focuses on investing in know-how startups. The Founder and Chairman, H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a member of the Qatari ruling household, previously served for a decade because the director of data know-how for The Council of The Qatar Ruling Household Affairs.
The announcement was held on the Qatar Science & Know-how Park (QSTP) – Qatar’s premier hub for utilized analysis, know-how innovation, incubation, and entrepreneurship – by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding, Jevgenia Kim, CEO of QANplatform, and Johann Polecsak, Co-Founder and CTO of QANplatform.
In addition to the $15 Million technology-focused funding dedication, MBK Holding presents development providers to facilitate world market entry and growth for QANplatform. MBK Holding’s focus extends to varied regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and the UK whereas additionally encompassing different world alternatives. MBK Holding just lately signed a strategic partnership with the Ministry of Funding of Saudi Arabia to help entrepreneurial development and innovation in Saudi Arabia by growing development providers that search to create market-leading funding alternatives.
A Layer 1 blockchain platform, like Ethereum or QANplatform, is the fundamental infrastructure of all blockchain tasks and functions. It’s similar to the working system of a pc. It’s the elementary base layer on high of which the ecosystem can construct countless options. QANplatform would be the first EVM-compatible, quantum-resistant Layer 1 hybrid blockchain platform the place builders can code good contracts, DApp, DeFi, DAO, tokens, NFT, Metaverse, CBDC, tokenized asset, and sturdy Web3 options on high of the QAN blockchain platform in any programming language.
As a hybrid blockchain, QANplatform may have a non-public and public blockchain as nicely. In September 2023, QANplatform marked a brand new period of Web3 OS (Working System) with the launch of the QAN Personal Blockchain. QANplatform has unveiled the world’s first personal blockchain that’s each quantum-resistant (utilizing NIST main beneficial post-quantum algorithm), and appropriate with Ethereum’s EVM, whereas additionally enabling builders to code good contracts in any programming language.
One of many distinctive options of QANplatform, apart from speedy cloud deployment or quantum-resistant safety, is its means to help good contracts in any programming language. The QAN Digital Machine (QVM) permits builders to put in writing good contracts in any Linux-Kernel-compatible programming language (like JavaScript, Java, Python, TypeScript, C, C++, C#, and so on.). This can be a breakthrough for the entire blockchain ecosystem since most blockchain platforms are solely appropriate with the Ethereum good contract language, Solidity. Out of over 26 million software program builders worldwide, solely 200,000 can code in Solidity. Because of QANplatform’s invention of multi-language good contracts, over 26 million software program builders will be capable to enter the Web3 area.
QANplatform’s ecosystem is build up with famend corporations reminiscent of Hacken, Beosin, and Alpine Esports. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the Method 1® Esports Sequence signed QANplatform as its Official Blockchain Associate. In September 2023, QANplatform was chosen to the Ernst & Younger Startup Program as one of many 9 chosen promising startups within the know-how and finance sectors, chosen from amongst tons of of candidates globally.
From left to proper: Johann Polecsak (Co-Founder and CTO of QANplatform), H.E. Sheikh Mansoor Bin Khalifa Al-Thani (Founder and Chairman of MBK Holding, member of the Qatari ruling household), Jevgenia Kim (CEO of QANplatform).
From left to proper: Johann Polecsak (Co-Founder and CTO of QANplatform), H.E. Sheikh Mansoor Bin Khalifa Al-Thani (Founder and Chairman of MBK Holding, member of the Qatari ruling household), Jevgenia Kim (CEO of QANplatform)
H.E. Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding stated: “MBK Holding proudly backs QANplatform, the game-changing quantum-resistant blockchain platform, and nominates Johann Polecsak because the Director of Blockchain of MBK Holding. Blockchain know-how normally, remains to be an untapped space with many alternatives and potential to rework complete worth chains, sectors, and enterprise processes. As a deep tech startup, QANplatform can lead the subsequent wave of blockchain platforms with its outstanding options, together with multi-language good contracts and quantum-resistant safety. QANplatform is a superb match for our portfolio and accomplice corporations to find and profit from the potential of its know-how.”
Johann Polecsak, Co-Founder and CTO of QANplatform stated: “Working alongside MBK Holding and their group is really an honor. QANplatform is pushed by the imaginative and prescient of making the most secure and most user-friendly blockchain platform, enabling the event of quite a few real-world sturdy functions that deliver tangible worth to varied industries.”
Jevgenia Kim, CEO of QANplatform stated: “The strategic partnership with MBK Holding opens up new horizons and elevates the potential of QANplatform to unprecedented heights. We eagerly anticipate exploring new use instances and focused regional market expansions, due to the help and alternatives supplied by MBK Holding.”
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About MBK Holding:
Based by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a member of the Qatari ruling household, MBK Holding, an funding holding firm with its principal workplace in Qatar and a subsidiary in the UK, focuses on investing in know-how startups. Along with investing, MBK Holding presents development providers to facilitate world market entry and growth. MBK Holding’s focus extends to varied regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and the UK, whereas additionally encompassing different world alternatives.
Web site: https://mbkholding.org
About QANplatform:
QANplatform is the quantum-resistant Layer 1 hybrid blockchain platform that may enable builders and enterprises to construct quantum-resistant good contracts and Web3 options on high of the QAN blockchain platform in any programming language. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the Method 1® Esports Sequence, signed QANplatform as its Official Blockchain Associate. QANplatform was chosen for the EY (Ernst & Younger) International Startup Academy 2023 Program.
Web site: https://qanplatform.com
Twitter: https://twitter.com/QANplatform
Contact: [email protected] (Jevgenia KIM)
Disclaimer: This can be a paid submit and shouldn’t be handled as information/recommendation.
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