MBK Holding, an funding holding firm with its major 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 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 affords development companies to facilitate international market entry and enlargement for QANplatform. MBK Holding’s focus extends to varied regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom 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 companies that search to create market-leading funding alternatives.
A Layer 1 blockchain platform, like Ethereum or QANplatform, is the essential infrastructure of all blockchain initiatives 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 infinite 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 personal 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 Non-public Blockchain. QANplatform has unveiled the world’s first personal blockchain that’s each quantum-resistant (utilizing NIST major really useful 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, apart from fast cloud deployment or quantum-resistant safety, is its potential to help 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. Because of QANplatform’s invention of multi-language good contracts, over 26 million software program builders will be capable to enter the Web3 house.
QANplatform’s ecosystem is build up with famend firms akin to Hacken, Beosin, or Alpine Esports. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the Components 1® Esports Collection 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 expertise and finance sectors, chosen from amongst lots of of candidates globally.
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 typically, continues 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 following 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 companion 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 sturdy purposes that deliver tangible worth to varied 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, because of the help and alternatives offered 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 major workplace in Qatar and a subsidiary in the UK, focuses on investing in expertise startups. Along with investing, MBK Holding affords development companies to facilitate international market entry and enlargement. MBK Holding’s focus extends to varied regional markets, together with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom, 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 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 Components 1® Esports Collection, signed QANplatform as its Official Blockchain Associate. 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.
