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Local Media: Qatar Telecommunications Giant Ooredoo Launches Blockchain Initiative

Published 03/18/2019, 02:27 PM
Updated 03/18/2019, 02:42 PM
Local Media: Qatar Telecommunications Giant Ooredoo Launches Blockchain Initiative

Qatar-based telecommunications giant Ooredoo Group has launched a blockchain initiative, English-language local media The Peninsular Qatar reports on March 18.

Per the report, the company already collaborates with entities in the private, public and academic spaces to develop blockchain solutions. Ooredoo Group CEO Sheikh Saud bin Nasser Al Thani is quoted in the article as stating that “blockchain will facilitate new digital business models and revenue in the next five years.”

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