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Digital Assets Lab

Introducing the QFC Innovation Dome

The QFC Innovation Dome is the future of innovation in Qatar. It is a visionary umbrella for transformative initiatives aimed at positioning the country at the forefront of global digital evolution. A pioneer among these initiatives, the QFC Digital Asset Lab will lead the way to the exciting world of digital assets.

The QFC Innovation Dome is more than a structure; it stands as a symbol of Qatar's commitment to the National Vision 2030. It is a dynamic environment where innovation converges with opportunity, breathing life to cutting-edge projects that can shape the future.

Digital Assets Lab

The Digital Assets Lab aims to foster innovation, research, and development within the Digital Assets and Distributed Ledger Technology (DLT) space.
It provides a collaborative environment for start-ups, businesses, and researchers to explore and create innovative solutions, products, and services related to digital assets and distributed ledger technologies.
The Lab seeks to position Qatar as a hub for digital innovation, contribute to the growth of the digital economy and drive the adoption of emerging technologies across various sectors.
Entry to the Digital Assets Lab is one of the pathways towards securing a full license to operate in Qatar.

 

Digital Assets Labs Objectives

⦁ Foster innovation, research, and development within the Digital Assets and Distributed Ledger Technology (DLT) space.

⦁ Provide a collaborative environment for start-ups, businesses, and researchers to explore and create innovative solutions, products, and services related to digital assets and distributed ledger technologies.

⦁ Position Qatar as a hub for digital innovation, contribute to the growth of the digital economy and drive the adoption of emerging technologies across various sectors.

⦁ Provide a pathway for securing a full operational license in Qatar.

What we offer

The Digital Asset Lab opens doors to a world of opportunities in the field of digital assets and DLT. Here is what we bring to the table:

Collaborative Environment

Collaboration lies at the core of our approach. We offer a platform where fintech firms, corporates, and innovators converge to cocreate and explore new horizons.

Cutting-Edge Technology

Gain access to state-of-the-art technology and infrastructure, including cybersecurity advisory services and cloud storage, to support your experiments.

Expert Insights

Engage with industry experts from QFC and global partners, each specialising in their respective fields. Gain valuable insights to fast-track your innovation journey.

Regulatory Support

Navigate the regulatory landscape with confidence. We provide insights into local regulatory requirements, facilitating the authorisation process.

Operational Support

Enjoy well-equipped, flexible co-working spaces within a dynamic and collaborative environment throughout the duration of your Lab experiment, free of charge.

Commercial Establishment

Receive assistance in obtaining conditional registration and a license to accelerate your progression into the Pioneer programme or full licensing upon the subsequent launch in early 2024.

Who can Apply

Learn who can join the Digital Assets Lab community

Service Providers

Collaborate and pioneer new solutions

Fintech Firms

From start-ups to established players

Corporates

Embrace digital assets to thrive in the digital era

Visionaries

Bring bold ideas and concepts to the table

Understand more about Digital Assets Lab and its application process

Eligibility Criteria to Enter Lab

The eligibility to participate in the lab will be assessed based on how closely the candidate's products and services align with the QFC objectives.

The eligibility criteria are summarised below:

  • Innovative Use Case
  • Business Plan/White Paper
  • Regulatory Compliance
  • Technical, architectural, and infrastructure standards
  • Eligibility Verification

Digital Assets Regulatory Rules Framework

The QFC Digital Assets Framework 2024 establishes the legal and regulatory foundation for digital assets, including the process of tokenization, legal recognition of property rights in tokens and their underlying assets, custody arrangements, transfer, and exchange. The framework also provides for the legal recognition of smart contracts. The framework will ensure a secure and transparent digital asset ecosystem in the QFC, in line with the highest international standards and best practices. The framework sets high standards for the process of asset tokenisation and puts in place a trusted technology infrastructure that will ensure trust and confidence among consumers, service providers and industry stakeholders.

Applicants to the Digital Assets License & Lab are encouraged to review the guidelines, principles, and rules that govern Digital Assests activities, outlined in the Digital Assets Regulations 2024, User Guide, and TSP Guidelines.

How to Get Started?

Step one - Apply

Start by expressing your interest.

Step two - Consult

Our team will assess your proposed products and services, and you may explore provisional company registration.

Step three - Experiment

Upon approval, access the Lab's resources and conduct experiments in Qatar.

Step four - Evaluate

Submit a Lab report. We'll assess your readiness for commercialization and licensing.

Start by expressing your interest. Fill out the form or contact us directly

Note: Participants are required to obtain the necessary licenses and/or authorisations before commercialising their products or services. Participation in the lab does not guarantee the issuance of a license or authorisation.

Digital Assets Lab Participants

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Contact Us

Have questions or ready to embark on your Digital Assets Lab journey?
Email: digitalassets@qfc.qa Phone: +974 4496 7651

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