Leading telecommunications company Ooredoo has decided to sponsor a new FinTech laboratory at
Qatar University’s College of Business and Economics.
The sponsored Lab will be equipped with high-performing computers which will offer liberal
opportunities to test the capability of the 5G network, the Qatar based telecommunications
company said.
Ooredoo will provide an independent 5G connection to the Lab, that will allow the faculty to test
heavyweight blockchain financial transactions as they conduct research into blockchain technology
and prepare students for the next generation of 5G and FinTech.
Director – PR at Ooredoo, Sabah Rabiah Al Kuwari, said, “We are immensely proud to be working
with Qatar University on such a worthwhile initiative. As part of our corporate social responsibility strategy, we’re committed to supporting research and education and the development of FinTech is very relevant to our progress towards achieving the goals set out by Qatar National Vision 2030.
We are excited about this opportunity to see just what our 5G network can do in the FinTech field and excited to see yet more of what the 5G future holds.”
Commenting on the sponsorship, Professor Mazen El Masri, Director of Qatar University Fintech
Innovation Hub, said: “We thank Ooredoo for their continuous efforts to support research and
education. Powering our Lab and technological resources with 5G connectivity enables us to open up
our lab to a wider range of innovators across the country”.
By: Nawal Mukadam
Email Id:nawal-m@crowdteck.com
