MBK Holding, an funding holding firm with its principal 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, member of the Qatari ruling household, previously served for a decade because the director of data 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.
Apart from the $15 Million technology-focused funding dedication, MBK Holding presents progress companies to facilitate world market entry and enlargement for QANplatform. MBK Holding’s focus extends to numerous regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom whereas additionally encompassing different world alternatives. MBK Holding lately signed a strategic partnership with the Ministry of Funding of Saudi Arabia to assist entrepreneurial progress and innovation in Saudi Arabia by growing progress companies 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 purposes. 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 contract, DApp, DeFi, DAO, token, 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 could have a non-public and public blockchain as effectively. 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 non-public blockchain that’s each quantum-resistant (utilizing NIST main beneficial post-quantum algorithm), and suitable with Ethereum’s EVM, whereas additionally enabling builders to code good contracts in any programming language.
One of many distinctive options of QANplatform, in addition to speedy cloud deployment or quantum-resistant safety, is its means to assist good contracts in any programming language. The QAN Digital Machine (QVM) permits builders to jot down good 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 suitable with the Ethereum good 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 good contracts, over 26 million software program builders will have the ability to enter the Web3 house.
QANplatform’s ecosystem is increase with famend firms comparable to Hacken, Beosin, or Alpine Esports. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the System 1® Esports Collection signed QANplatform as its Official Blockchain Accomplice. 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 tons of of candidates globally.
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 expertise 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 good match for our portfolio and accomplice firms to find and profit from the potential of its expertise.”
Johann Polecsak, Co-Founder and CTO of QANplatform stated: “Working alongside MBK Holding and their workforce 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 sturdy purposes that convey tangible worth to numerous 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, because of the assist and alternatives supplied by MBK Holding.”
About MBK Holding:
Based by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, 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 expertise startups. Along with investing, MBK Holding presents progress companies to facilitate world market entry and enlargement. MBK Holding’s focus extends to numerous regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom, 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 permit 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 System 1® Esports Collection, signed QANplatform as its Official Blockchain Accomplice. QANplatform was chosen for the EY (Ernst & Younger) World Startup Academy 2023 Program.
Web site: https://qanplatform.com
Twitter: https://twitter.com/QANplatform
Contact: press@qanplatform.com (Jevgenia KIM)
That is article is taken from Bitcoin.com and its about QANplatform.
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