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Dubai Coin

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Dubai Coin Review

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Dubai Coin consists of three chapters: origin, technology and pros & cons. Happy reading!

Origin

Arabian Chain is a project based out of UAE. It launched in 2016. The aim is to capitalize on the strengths of blockchain technology to bring major revolutions and innovations in tomorrow’s economy. It is the first ever public consensus-driven and decentralized block chain in the MENA region. So far, it has enabled globally accessible smart contracts to be executed, decentralized apps to be developed and a virtual currency (the Dubai coin) to be circulated and used in transaction. Also, the pillars of this one of its platform are thousands of devices connected via the blockchain.

Moreover, the team behind the project has expressed ambitious plans that it intends to achieve this year. These range from introducing wallets for various systems to offering Islamic banking on blockchain.

Technology

Arabian chain wants to transform the way governments, businesses and individuals view the economy, e-services and digital transformations. Hinging on the open-source, community based design, Arabian chain is a decentralized, peer to peer, blockchain based platform for distributed applications. The Dubai Coin is just one of the possibilities of this fully featured platform that enables users to create their products with their own terms and level of complexity.

Pros

  • The team behind the Dubai Coin is a diverse group of experienced professionals. The team members have experience in corporate, financial, telecom, healthcare and public sector. This is useful resources and could make the Dubai Coin a digital currency to invest in.
  • Dubai Coin is the first ever minable digital currency in the MENA region. This increases its demand and scope.
  • The system provides a DBIX wallet that is the tool to store the Dubai Coin as well as see transactions made.
  • The platform has APIs that let the Arabian blockchain integrate with any business.

Cons

The Dubai coin has been trading for quite some time and the Arabian chain system has kick started. Still, the scope of this project is so huge and might take time to garner acceptability and adoptability by the users.

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If you have concluded that this is the coin for you, congratulations! Good luck! Buy Dubai Coin here.

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