MBK Holding, an funding holding firm with its most important 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.

Moreover the $15 Million technology-focused funding dedication, MBK Holding presents development 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 not too long ago signed a strategic partnership with the Ministry of Funding of Saudi Arabia to assist entrepreneurial development and innovation in Saudi Arabia by creating development 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 functions. It’s akin to the working system of a pc. It’s the basic base layer on prime 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 strong Web3 options on prime of the QAN blockchain platform in any programming language.

As a hybrid blockchain, QANplatform may have a personal 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 main advisable 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 fast cloud deployment or quantum-resistant safety, is its capability to assist good contracts in any programming language. The QAN Digital Machine (QVM) permits builders to put in writing 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 be capable of enter the Web3 house.

QANplatform’s ecosystem is build up with famend corporations resembling Hacken, Beosin, or Alpine Esports. In February 2023, Alpine Esports, a Group Renault model, and inter alia within the Method 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 a whole lot 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 basically, continues to be an untapped space with many alternatives and potential to remodel 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 associate corporations 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 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 strong functions that carry 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 circumstances and focused regional market expansions, because of the assist 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 most important workplace in Qatar and a subsidiary in the UK, focuses on investing in expertise startups. Along with investing, MBK Holding presents development 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 enable builders and enterprises to construct quantum-resistant good 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 Method 1® Esports Collection, signed QANplatform as its Official Blockchain Associate. QANplatform was chosen for the EY (Ernst & Younger) International 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.