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      featured

      A starter guide to Bitcoin Options trading

      Featured Image

      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

      featured image

      Technical Indicators suggests Bitcoin can crash to 7000$ in next few days

      featured image

      Why is Bitcoin a safe haven in a financial crisis

      featured image

      How to Make Money in Crypto When It Falls

      featured image

      Despite Resurrection of Old Bitcoiners, HODL Waves Indicate Bullish Accumulation

      featured image

      Top 5 Online Merchants That Accept Cryptocurrency

      featured image

      An account into Bitcoin Lightning Network Progress and other Scalability Solutions

      featured image

      Why Bitcoin [BTC] Could Fall to $5,000. Now that Halving is Done

      Trending Tags

      • Altcoin
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        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        featured image

        Breaking : Crypto Trading is now legal in South Korea

        RBI to allow crypto trading

        Supreme court of India decided to lift off RBI Banking BAN against Bitcoin

        featured image

        Steemit Joining TRON Ecosystem

        Reliance Jiocoin

        Reliance Jio is preparing for Jio Coin launch in 2020

        A $134 Million real estate has sold on ethereum blockchain

        A $134 Million real estate has sold on ethereum blockchain

        Hacking attacks on cryptocurrency exchanges

        Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

        Bithumb Launches in India

        Bithumb Global Launches in India

        US-China trade war effect on Bitcoin Price

        US-China trade war effect on Bitcoin Price

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      Dubai Will Soon Issue Its First Ever State Cryptocurrency

      om malviya by om malviya
      October 8, 2017
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      According to announcements made by local news media outlets, emCash a cryptocurrency made for payment of governmental and non-governmental services was officially launched by the local government in Dubai.

      EmCash token will be regarded as the legal tender which will include different government and non-government services ranging from their children’s school fees and daily coffee to utility charges and money transfers, according to Ali Ibrahim, Deputy General of Dubai Economy.

      Dubai enthusiastically adopting Blockchain technology

      The blockchain is a major wave of paradigm which is going to change technologies. According to Dubai government which is deterministic about blockchain, strongly supports and wants to be forward-thinking in the adoption of blockchain technology. It is a win-win for Dubai because of the flexibility and convenience of cryptocurrencies.

      According to Ibrahim:

      “The fast-paced environment and incredible willingness to adopt innovative technology has made Dubai the perfect place for us to do business. This project is a great example of the ambition we have met here, together we are essentially creating a whole new economic ecosystem. It will harness Blockchain technology to make financial transactions cheaper, faster and more secure while demonstrating the huge advantages of embracing this technology for governments, business and customers alike.”

      Property sales entirely in Bitcoin is allowed because of the deals recently signed by Dubai which is seeking to become a fintech hub for the eastern world. As a system of various services, Blockchain technology has been widely embraced in the country.

      It is believed that the adoption paradigm of Dubai is moved forward by this new cryptocurrency.

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