Qatarpay cryptocurrency is a transaction medium that uses cryptographic principles to secure transactions and control the creation of trading units. The cryptocurrency is a kind of digital currency (or virtual currency). It is a joint venture between Qatar Investment Bureau and Industrial and Commercial Bank of China and is operated by Qatarpay Operations Center. The cryptocurrency is based on a decentralized consensus mechanism and, as opposed to a banking financial system that relies on a centralized monitoring system, it will become the world’s first state-owned cryptocurrency platform.Headquarters: Ad Dawhah.

A total of 10 billion pieces were issued, 100 million in the first issue, 0.5 KAR in one, and 5 million in funds raised. 1% of the investors can be added as independent directors, enjoy company dividends, and have the opportunity to take up positions in the company.