MBK Holding, an funding holding agency with its elementary office in Qatar and a subsidiary within the UK, focuses on investing in experience startups. The Founder and Chairman, H.E. Sheikh Mansoor Bin Khalifa Al-Thani, member of the Qatari ruling family, beforehand served for a decade as a result of the director of knowledge experience for The Council of The Qatar Ruling Family Affairs.
The announcement was held on the Qatar Science & Experience Park (QSTP) – Qatar’s premier hub for utilized evaluation, experience 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.
Aside from the $15 Million technology-focused funding dedication, MBK Holding presents progress firms to facilitate worldwide market entry and development for QANplatform. MBK Holding’s focus extends to various regional markets, along with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom whereas moreover encompassing totally different worldwide options. MBK Holding these days signed a strategic partnership with the Ministry of Funding of Saudi Arabia to assist entrepreneurial progress and innovation in Saudi Arabia by creating progress firms that search to create market-leading funding options.
A Layer 1 blockchain platform, like Ethereum or QANplatform, is the basic infrastructure of all blockchain initiatives and functions. It’s akin to the working system of a laptop. It’s the essential base layer on prime of which the ecosystem can assemble numerous choices. QANplatform could be the primary EVM-compatible, quantum-resistant Layer 1 hybrid blockchain platform the place builders can code wise contract, DApp, DeFi, DAO, token, NFT, Metaverse, CBDC, tokenized asset, and robust Web3 choices on prime of the QAN blockchain platform in any programming language.
As a hybrid blockchain, QANplatform can have a private and public blockchain as properly. In September 2023, QANplatform marked a model new interval of Web3 OS (Working System) with the launch of the QAN Private Blockchain. QANplatform has unveiled the world’s first private blockchain that’s every quantum-resistant (using NIST main advisable post-quantum algorithm), and appropriate with Ethereum’s EVM, whereas moreover enabling builders to code wise contracts in any programming language.
Considered one of many distinctive choices of QANplatform, along with speedy cloud deployment or quantum-resistant security, is its capability to assist wise contracts in any programming language. The QAN Digital Machine (QVM) permits builders to place in writing wise contracts in any Linux-Kernel-compatible programming language (like: JavaScript, Java, Python, TypeScript, C, C++, C#, and so forth.). This could be a breakthrough for the whole blockchain ecosystem since most blockchain platforms are solely appropriate with the Ethereum wise contract language, Solidity. Out of over 26 million software program program builders worldwide solely 200,000 can code in Solidity. Due to QANplatform’s invention of multi-language wise contracts, over 26 million software program program builders may have the flexibility to enter the Web3 space.
QANplatform’s ecosystem is enhance with renowned corporations equal to Hacken, Beosin, or Alpine Esports. In February 2023, Alpine Esports, a Group Renault mannequin, and inter alia inside the Formulation 1® Esports Sequence signed QANplatform as its Official Blockchain Confederate. In September 2023, QANplatform was chosen to the Ernst & Youthful Startup Program as one in all many 9 chosen promising startups inside the experience and finance sectors, chosen from amongst plenty of of candidates globally.
H.E. Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding talked about: “MBK Holding proudly backs QANplatform, the game-changing quantum-resistant blockchain platform and nominates Johann Polecsak as a result of the Director of Blockchain of MBK Holding. Blockchain experience usually, stays to be an untapped house with many options and potential to transform complete value chains, sectors, and enterprise processes. As a deep tech startup, QANplatform can lead the next wave of blockchain platforms with its distinctive choices, along with multi-language wise contracts and quantum-resistant security. QANplatform is an excellent match for our portfolio and companion corporations to search out and revenue from the potential of its experience.”
Johann Polecsak, Co-Founder and CTO of QANplatform talked about: “Working alongside MBK Holding and their group is basically an honor. QANplatform is pushed by the imaginative and prescient of creating probably the most safe and most user-friendly blockchain platform, enabling the occasion of fairly just a few real-world robust functions that ship tangible value to various industries.”
Jevgenia Kim, CEO of QANplatform talked about: “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 circumstances and targeted regional market expansions, due to the assistance and options provided by MBK Holding.”
About MBK Holding:
Based mostly by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, member of the Qatari ruling family, MBK Holding, an funding holding agency with its elementary office in Qatar and a subsidiary within the UK, focuses on investing in experience startups. Together with investing, MBK Holding presents progress firms to facilitate worldwide market entry and development. MBK Holding’s focus extends to various regional markets, along with Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom, whereas moreover encompassing totally different worldwide options.
Website online: https://mbkholding.org
About QANplatform:
QANplatform is the quantum-resistant Layer 1 hybrid blockchain platform that will allow builders and enterprises to assemble quantum-resistant wise contracts and Web3 choices on prime of the QAN blockchain platform in any programming language. In February 2023, Alpine Esports, a Group Renault mannequin, and inter alia inside the Formulation 1® Esports Sequence, signed QANplatform as its Official Blockchain Confederate. QANplatform was chosen for the EY (Ernst & Youthful) World Startup Academy 2023 Program.
Website online: https://qanplatform.com
Twitter: https://twitter.com/QANplatform
Contact: press@qanplatform.com (Jevgenia KIM)
This text is taken from Bitcoin.com and its about QANplatform.