Users can invest in all or part of numerous properties across the Middle East, and then sell their holdings for tokens which are held on the platform. RightBTC distinguishes itself from other crypto exchanges by continuously performing risk control on all tradable assets to avoid fraud or unsavory trading activity on the platform. The exchange will be offering fiat trading pairs in the local currency, Arab Emirate Dirham AED , though no details on specific pairs were available at the time of press. A government backed digital currency called Emcash is also in the pipeline. The UAE is developing into a hotspot for blockchain and cryptocurrency adoption. Dec 18,
Crypto and Blockchain Hotspot
Nikita Blows Jan 23, Dubai continues to embrace blockchain technology through the latest addition to its available exchanges, BitPado. We recently reported on how Dubai was well on its dubai based cryptocurrency exchange to becoming the smartest city in the world by planning to launch 20 blockchain-based services in this year. Now, according to Arabian Businessthe city will also unveil their latest development: BitPado. The Dubai-based exchange was founded by Omar Kassim, who made his mark on the ecommerce world with his online market, JadoPado.
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That could be changing. BitOasis is a cryptocurrency exchange and trade platform based in Dubai. It also offers mobile wallet services. The company aims to be global, but, for now, it works mainly for clients in the Middle East and Northern Africa. It was founded in These two digital assets belong to the few blockchain projects in which privacy in every transaction is a paramount value.
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Crypto and Blockchain Hotspot
The firm is also partnering with the Dubai government on several other blockchain-based dubai based cryptocurrency exchange aimed at improving the accessibility and security of government data. Fully compliant with Islamic law, the Dubai-based company launched in August of this year and plans to launch its first public token sale later this year. A government backed digital currency called Emcash is also in the bsed. In February of this year, it announced a landmark partnership with Ripple that will allow the exchange to use RippleNet to facilitate payments and remittances globally. ArabCoin Still in private beta, ArabCoin is looking to launch the first fully regulated crypto commodities exchange in the United Arab Emirates. Martin Young 1 year ago.
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