MBK Holding, an funding holding firm with its principal workplace in Qatar and a subsidiary in the UK, focuses on investing in know-how 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 know-how 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, know-how 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 affords 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 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 assist 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 initiatives and functions. It’s corresponding to the working system of a pc. It’s the basic base layer on prime of which the ecosystem can construct limitless options. QANplatform would be the first EVM-compatible, quantum-resistant Layer 1 hybrid blockchain platform the place builders can code sensible contract, DApp, DeFi, DAO, token, NFT, Metaverse, CBDC, tokenized asset, and sturdy Web3 options on prime of the QAN blockchain platform in any programming language.

As a hybrid blockchain, QANplatform may 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 beneficial 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 assist 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 on.). This can be 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. Because of QANplatform’s invention of multi-language sensible contracts, over 26 million software program builders will be capable to 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 Formulation 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 know-how and finance sectors, chosen from amongst a whole bunch 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 know-how on the whole, 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 following 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 accomplice corporations to find and profit from the potential of its know-how.”

Johann Polecsak, Co-Founder and CTO of QANplatform stated: “Working alongside MBK Holding and their crew is really 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 functions that carry 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, due to 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 principal workplace in Qatar and a subsidiary in the UK, focuses on investing in know-how startups. Along with investing, MBK Holding affords 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 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 may 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 Formulation 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.