'Regulation is not only important to protect users and ensure security, but also to provide the adequate legal framework that allows blockchain innovation and adoption,' the blueprint states.
Qatari National Blockchain Blueprint Spotlights Benefits of the Technology to Country's Economy
However, before attaining its status as one of the biggest blockchain hubs globally, Qatar still needs to create an enabling environment for the technology to flourish. One of the ways of doing this, according to the 23-page document’s summary, is by developing a “solid regulatory framework.” In addition to helping bring in investors, such a regulatory framework is said to be needed by both consumers and innovators.
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