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Monday, March 20, 2023

The Telecommunications Regulatory Authority issues the National Framework for Blockchain Technology

The Telecommunications Regulatory Authority issued, "National Blockchain Technology Framework"Developed in collaboration with Hamad Bin Khalifa University and Qatar University.

The framework aims to identify and build an effective regulatory foundation for blockchain technology, establish a solid foundation for the government’s approach to this field, and create and enable an environment that supports and enables creativity and innovation.

The document clarifies the framework for blockchain technology at the national level, and identifies its main elements such as the regulatory basis, the basis for adoption, the basis for innovation, and innovation, and defines the basic requirements for blockchain, and provides a set of recommendations in order to achieve the desired goals.

Mr. Ali Al-Suwaidi, Director of the Technical Affairs Department at the Telecommunications Regulatory Authority, said that the framework helped identify the most important opportunities that this technology can reap for the private and government sectors, and the necessities and incentives that each sector must provide to adopt this technology that contribute to the prosperity of start-ups and projects. leading.

He called on all stakeholders to review the framework for working towards developing the communications and information technology sector, supporting local and foreign investment, and building a more knowledge-based economy, in a way that supports the achievement of the goals of Qatar National Vision 2030.

For his part, Dr. Ahmed Al-Magarmad, Executive Director of Qatar Computing Research Institute at Hamad Bin Khalifa University, said that the cooperation with the Communications Regulatory Authority and Qatar University to develop a national framework for blockchain technology reflects the university’s firm commitment to confronting and addressing the challenges facing the State of Qatar, especially those related to the development of The country’s technological innovation and research capabilities.

In turn, Dr. Khaled Kamal Naji, Dean of the College of Engineering at Qatar University, said that the cooperation of the three parties to issue the framework contributes to the knowledge-based economy industry, as this project will serve as a guide for all those interested in blockchain technology. It is noteworthy that the blockchain technology is one of the modern technologies, and it is defined as a digital record book for transactions that are replicated and distributed.

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