NeXTfairs, leading event and exhibition specialist, has announced its partnership with Agora Group to launch the Qatar Blockchain Summit on September 11-12 at The St. Regis.Qatar Blockchain Summit is an exclusive, closed-door experience that will bring together world-known speakers and C-level decision-makers for two days of networking, learning and discovery.Qatar Blockchain Summit is focused on real-life applications of this blockchain's decentralised technology. Gathering digital transformation leaders across a wide range of industries, such as government, finance, healthcare, energy and transportation, to understand how they can unlock the power of blockchain to increase efficiency, transparency, and authenticity in their operations.Rawad Sleem, founder and general manager, NeXTfairs said, "The Blockchain market in the Mena region is on the precipice of huge growth. According to the latest study by The Ministry of Communication and Information: Qatar's blockchain market size was estimated at $33.2mn in 2022 and is expected to grow by 66% annually to reach $253.4mn in 2026. However, the same study has stated that current awareness of blockchain (more than a third of SMEs) is low and with a low utilisation rate of around 3%, demonstrating that the market has considerable room to expand.""We are excited to highlight the enormous potential of this market: what it can do for business, its ROI for investors, and how it can help position Qatar as a hub for advanced technologies."Hadi Malaeb, co-founder, Agora Group, said, "Qatar Blockchain Summit will anchor Qatar's position as a leading adaptor of blockchain and a central hub for global innovation. By bringing the most advanced blockchain innovators to the country and showcasing Qatari startups and talent, the event will significantly attract foreign direct investment and media exposure to the country. "The Agora Group has enjoyed over ten years of success with the Global Blockchain Congress, the most prominent blockchain event in the Mena region, which aims to significantly contribute to the advancement of blockchain technology in the world by providing a unique platform that connects regulators, investors, entrepreneurs, business leaders, government officials and disruptors in a cutting-edge conference agenda.The 10 previous editions of the Global Blockchain Congress were a tremendous success, welcoming over 1,000 investors and over 250 blockchain startups and raising millions in funds for participating projects.The inaugural Qatar Blockchain Summit will focus on real-life applications of blockchain technologies, showcasing what's in it for enterprises and government and how blockchain can be used along with other disruptive technologies such as the Metaverse and Web 3, gaming, and DeFi and NFTs.At the Qatar Blockchain Summit, blockchain solution providers will have the rare opportunity to hand-pick governmental and corporate suitors and have detailed discussions with them about potential collaborations.This platform will also allow critical stakeholders in Qatar to showcase their support for innovation and entrepreneurship and their contribution to placing Qatar as a hub for advanced technologies, startup funding and talent attraction.
March 14, 2023 | 10:53 PM