The Qatar Financial Centre (QFC) has added Commercial Bank as a partner in its Digital Assets Lab to help participants develop and validate digital asset and tokenisation applications for banking. The bank will provide business and operational feedback, guidance on banking and integration requirements, and access to relevant business and technology teams.
The partnership will focus on trade digitisation, including digital guarantees and electronic trade documents, alongside supply chain and working capital finance. Other areas include digital onboarding and know your customer processes, as well as artificial intelligence applications in transaction banking. Commercial Bank will support participants through workshops and validation sessions, assess promising proposals and explore advancing them to proof of concept and pilot stages. The lab operates under the QFC Digital Assets Framework, providing an environment for testing business models and exploring appropriate regulatory pathways.