MBK Holding, an funding holding firm with its predominant workplace in Qatar and a subsidiary in the UK, focuses on investing in expertise 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 knowledge expertise for The Council of The Qatar Ruling Household Affairs.
The announcement was held on the Qatar Science & Expertise Park (QSTP) – Qatar’s premier hub for utilized analysis, expertise 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 gives development providers to facilitate international market entry and growth for QANplatform. MBK Holding’s focus extends to numerous regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and the UK whereas additionally encompassing different international alternatives. MBK Holding not too long ago 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 corresponding to the working system of a pc. It’s the elementary base layer on prime 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 sensible contracts, DApp, DeFi, DAO, tokens, NFT, Metaverse, CBDC, tokenized asset, and strong Web3 options on prime of the QAN blockchain platform in any programming language.
As a hybrid blockchain, QANplatform could 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 Non-public Blockchain. QANplatform has unveiled the world’s first non-public blockchain that’s each quantum-resistant (utilizing NIST major advisable post-quantum algorithm), and appropriate with Ethereum’s EVM, whereas additionally enabling builders to code sensible contracts in any programming language.
One of many distinctive options of QANplatform, moreover fast cloud deployment or quantum-resistant safety, is its capacity to help sensible contracts in any programming language. The QAN Digital Machine (QVM) permits builders to jot down sensible contracts in any Linux-Kernel-compatible programming language (like JavaScript, Java, Python, TypeScript, C, C++, C#, and so forth.). It is a breakthrough for the entire blockchain ecosystem since most blockchain platforms are solely appropriate with the Ethereum sensible contract language, Solidity. Out of over 26 million software program builders worldwide, solely 200,000 can code in Solidity. Due to QANplatform’s invention of multi-language sensible contracts, over 26 million software program builders will be capable to enter the Web3 area.
QANplatform’s ecosystem is build up with famend firms resembling Hacken, Beosin, and Alpine Esports. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the System 1® Esports Sequence signed QANplatform as its Official Blockchain Companion. In September 2023, QANplatform was chosen to the Ernst & Younger Startup Program as one of many 9 chosen promising startups within the expertise and finance sectors, chosen from amongst lots 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 mentioned: “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 expertise on the whole, remains to be an untapped space with many alternatives and potential to remodel total 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 sensible contracts and quantum-resistant safety. QANplatform is a good match for our portfolio and associate firms to find and profit from the potential of its expertise.”
Johann Polecsak, Co-Founder and CTO of QANplatform mentioned: “Working alongside MBK Holding and their crew is actually 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 strong functions that deliver tangible worth to numerous industries.”
Jevgenia Kim, CEO of QANplatform mentioned: “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 predominant workplace in Qatar and a subsidiary in the UK, focuses on investing in expertise startups. Along with investing, MBK Holding gives development providers to facilitate international market entry and growth. MBK Holding’s focus extends to numerous regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and the UK, whereas additionally encompassing different international alternatives.
Web site: https://mbkholding.org
About QANplatform:
QANplatform is the quantum-resistant Layer 1 hybrid blockchain platform that can permit builders and enterprises to construct quantum-resistant sensible contracts and Web3 options on prime of the QAN blockchain platform in any programming language. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the System 1® Esports Sequence, signed QANplatform as its Official Blockchain Companion. 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: It is a paid put up and shouldn’t be handled as information/recommendation.