The announcement stems from the recently held Blockchain Symposium, organised by a number of government institutions among which were the Central Bank of Oman (CBO), the Capital Markets Authority (CMA), the State General Reserve Fund (SGRF) and many others.
The founding meeting was held at the Cultural Club, which was attended by the founding members and other interested parties. The meeting aimed at development the club’s organizational framework and exploring the ways in which the new body can become an educational center and platform for sharing the latest developments in this realm.
We have started the process of establishing the first blockchain company, and while Oman Blockchain Solutions and Applications is a company that will not undertake projects itself, it will be a vehicle where every person who would like to test an application can come on board and probably find the right financing, and the right access to regulators and decision-makers in Oman.
Abdulsalam bin Mohammed al Murshidi
Executive-president of the SGRF
The club will work under the Cultural Club and is expected to initiate its activities in the near future.