DOHA, Qatar, MAY 26, 2022: MEEZA, Qatar’s prominent end-to-end managed IT services and solutions provider, has announced the signing of Partnership MOU with Blockchain Research Institute Middle East (BRIME) during the Blockchain Revolution Summit Qatar 2022, which took place at The St. Regis Doha on May 26, 2022.

The Blockchain Revolution Summit Qatar 2022 bring together top industry leaders, academics, policy-makers, entrepreneurs and researchers to join the blockchain ecosystem and learn, network, innovate and strategise to maximise their technology investments. The summit is aimed at increasing the level of awareness and understanding of blockchain technologies.

Organised by the Blockchain Research Institute Middle East (BRIME), and sponsopred by MEEZA as Platinum sponsor, the Summit highlighted opportunities to create industry solution frameworks and guidelines, leveraging blockchain technologies to secure data, reduce costs, improve timelines and eliminate disputes in any given process.

At the event, Mr. Fadi Nasser, Chief Commercial Officer, MEEZA, joined by other experts across the region in a panel discussion titled ‘The current Blockchain status and regulations in Qatar and the region’.

During the Summit, MEEZA and the Blockchain Research Institute Middle East (BRIME) signed a partnership Memorandum of Understanding aimed to change the blockchain status in Qatar through advancing the research and development process of designing and developing a governed blockchain network.

The MoU aimed at building important skills to work with blockchain technologies through education and training; exposure and participation in the development processes; and evaluating the needed resources to develop and operate blockchain solutions.

Under the agreement, MEEZA and the Blockchain Research Institute Middle East will also join hands to build a local hybrid blockchain network to provide blockchain resources in the country and open the door for developing many blockchain applications.

The two parties will also collaborate to provide a local blockchain network that abides by the national regulations, policies and standards.

The project will put Qatar among the first countries in the region to have a blockchain network on a large scale and open new business opportunities and models to the project partners and to the local market.

Through the collaboration, the blockchain network will be led and governed by a governing council of highly diversified organisations. Each Council member will be committed to blockchain network maintenance, decentralisation and innovation. The members will be owning and running a blockchain node on their choice of hosting resources.

The rights and roles of the members will be shared early in the project.

Commenting on MEEZA’s sponsorship and participation in the event, Mr. Faisal Al-Kuwari, MEEZA’s Chief Technology Officer said: “We are proud to be a Platinum Sponsor of the Blockchain Revolution Summit Qatar 2022, an event that will foster synergy in promoting better understanding and awareness of blockchain technologies not only in Qatar but across the Middle East region. The Summit provide a platform for industry leaders and expert share ideas and experiences on how to benefit from blockchain technologies to enhance industry performance in this fast-pacing technology-driven world.”

Mr. Faisal Al-Kuwari added, “We will also sign a significant Memorandum of Understanding with the Blockchain Research Institute Middle East to engender a strong collaboration that will revolutionise the blockchain industry in Qatar and serve as an example for other countries to follow. We look forward to having fruitful outcomes that will benefit all stakeholders in the industry.”

Ms. Aline Daoud, Blockchain Research Institute Middle East Managing Partner, said: “We are excited to have MEEZA as the Platinum Sponsor of the Blockchain Revolution Summit Qatar 2022. MEEZA is always committed to supporting efforts that contribute to knowledge sharing and skill enhancement that will benefit key players in various sectors. We are also pleased to be signing a landmark partnership agreement with MEEZA to further promote capacity building in blockchain technologies and create a formidable network of local experts.”

MEEZA, a Qatar Foundation venture, is centred on a mission and vision to enable, support, and drive sustainable development in Qatar’s information technology sector in line with the Qatar National Vision 2030. It offers scalable, highly available and resilient cloud services that are used to improve customer engagement, facilitate the transformation of products and services, and empower businesses.

MEEZA is a fast-growing player in cloud computing services, both in regional and international markets. It continues to innovate and offer cost-effective IT solutions and services to help its clients focus on their core business