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Qatar Finally Takes the Leap Into Complete and Utter Irrelevance With New Digital Assets Lab, Because Who Needs Actual Innovation When You Can Just Throw Money at a Blockchain Thingy?

A  illustration of Qatar's Financial Center with a giant blockchain chain wrapped around it, while money bags float away in the background as if being blown out by an invisible wind.

There’s nothing quite as thrilling as watching Qatar throw money at an unproven technology in hopes of becoming relevant again. The launch of their Digital Assets Lab is just the latest installment in this farce, where they’ve assembled a group of ‘innovators’ to fiddle with blockchain and pretend it’s not just a rebranded version of that old internet thingy from 2008. I mean, who needs actual innovation when you can have Google Cloud on board? It’s like the Qatar Financial Centre is trying out for the role of Crypto Bro Inc., but without any of the cool crypto bros to make it even remotely interesting.

Source: bitcoin.com

Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association, and R3. In a move signaling Qatar’s embrace of digital assets, the QFC, the region’s leading onshore financial and business hub, announced the activation of its Digital Assets Lab on Sept. 14. The lab boasts a carefully […]

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