Nations worldwide have sought to capitalize on the benefits of distributed ledger technology (DLT) including Blockchain,

but struggled to strike a balance between encouraging investment and innovation in the technology while addressing the

challenges and uncertainties through regulation. Through its FinTech (Financial Technology) Strategy, Qatar has sought to

embrace DLT, but its regulatory approach also remains cautious. Trade Finance is an ideal business process to be disrupted

through the benefits of DLT and especially Blockchain technology, since its processes remain antiquated, inefficient and lack

digitization. Blockchain as a form of DLT particularly offers the Trade Finance process not only more rapid, secure, costeffective

and efficient procedures, but importantly completely assures trust between importers and exporters and removes

the requirement to place such trust in third-party intermediaries. Qatar can reap considerable economic benefits through the

enhancement of its Trade Finance regulations enabling the adoption of such Blockchain technology. As such, the authors

propose a roadmap and manual for the governance of the Trade Finance Blockchain ecosystem in Qatar. The authors propose

multi-layered governance approach to the regulation of Blockchain in Qatar by (1) embracing international regulations and

standards; (2) replicating foreign regional and national rules that are appropriate and innovative; and (3) applying sandbox

regulations to Blockchain products and services.