The Qatar Central Bank (QCB) has successfully established its framework for experimental trials of blockchain-powered financial infrastructure for transactions with both local and international banks. This project, which lasted for a period of five months, will primarily concentrate on testing the potential of distributed ledger technology and artificial intelligence. Since March 2022, Qatari authorities have been diligently studying and investigating the advantages and disadvantages of Central Bank Digital Currency (CBDC). For the most up-to-date news on technology, visit NEWSLINKER.
