CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Fintech solutions provider to offer ICO insights at annual Information Security Conference

Published: 13 Nov 2018 - 09:02 am | Last Updated: 02 Nov 2021 - 03:46 pm
Peninsula

The Peninsula

DOHA: QPAY International, Qatar’s largest financial technology company and a member of NEXXO Network, is all set to leave a lasting impression at the 5th Annual Information Security Conference for the Financial Sector, to be held under the patronage of H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Interior Minister.

The two-day industry-leading conference organised by Qatar Central Bank at the Sheraton Grand Doha Resort & Convention Hotel on November 18 &19, is slated to attract a record number of leading figures from various financial sectors in Qatar and all over the world.

Delegates from more than 83 countries representing Banks, telco, IT, and various financial institutions will be gathered together to learn and share expertise and knowledge of the latest information security innovations to mitigate threats and protect data and security online.

As one of the most influential figures in fintech solutions in Qatar, QPAY International CEO & Founder Nebil Ben Aissa (pictured), will be delivering a presentation to the engaged delegates on Initial Coin Offering (ICO), capturing in depth the positive & the negative side of the technology.

Since 2017, there has been a flood of Initial Coin Offerings (ICOs), raising hundreds of billions of dollars for various Block chain projects; thus, generating more than 1,700 alternative Coins. Some succeeded, some failed, and some turned out to be pure scams.

During his brief Presentation, Nebil Ben Aissa, will share with the audience the nuances of ICOs, the difference between a utility token, a security token and the certain legislations regarding ICOs; as well as will be offering insights into various tokenomic models.

On the participation, QPAY International CEO & Founder Nebil Ben Aissa, said: “It’s an honour for me to present QPay at such a global platform and share my experiences and expertise into the vast technological changes taking place globally.

I am immensely thrilled to present my insights to a large gathering of high-profile financial sector leaders. Participation in events such as this further emphasize QPAY International’s position as the preferred source for fintech solutions for banks in Qatar, the region and beyond. Subjects like ICOs demand increased attention from the finance fraternity and we will be supporting the Qatari industry to the best of our capabilities.”

The wave of initial coin offering is increasing day by day and people are eagerly finding new ways to invest their money to amplify their earnings. But being completely digital in nature and uncontrolled by any regulating authority, there are more chances of scams and frauds.

One must tread the path cautiously before investing and gain a comprehensive knowledge to take a deep dive into the world of ICOs.  With QPAY at the forefront of bringing major financial tech reforms, it is set to chart an impressive financial technology growth story for the economic development of Qatar and ultimately supporting the Qatar National Vision 2030.

Since its founding in 2012 with the aim of increasing efficiency of small businesses, QPAY has worked determinedly to establish strong relationships with local Qatari banks and regulators and building trusted partnerships. These partnerships have enabled the leading financial institutions to see the added value provided by QPAY in building a strong small business sector and a cashless society.