In the UAE, will create a Bank that will only use cryptocurrency
Source:
A Month ago, the employee cryptocurrency exchanges in Dubai on the theft of the equivalent of 200 thousand dollars. The man lied to the software and hiding the transactions. Now the reasons for such situations will be more — the city will create a digital Bank on the basis of the blockchain.
theBank on the blockchain and tokens
The Bank has no analogues in the world. The institution will be engaged in financing of transactions on art objects, and will use only their own tokens. The news said the Deputy head of the Department of culture and arts of the Emirate of Dubai Latifa bint Mohammed bin Rashid al Maktoum.
I'm sure this initiative will help to integrate art into the digital world and inspire the development of a thriving creative ecosystem. In addition, the creation and launch of local cryptocurrencies, no doubt, has a positive impact on the strengthening of the economy of the Emirate.
The Project in the country is not the only reports . Under the initiative, the Office of culture and arts of the Emirate of Dubai is also developing a universal platform of regional and international levels. Its purpose is to give the opportunity to work together art historians, artists and others in the niches.
Dubai ArtBank aimed at creating smart cities of the future. Given the approach to the cryptocurrency and the blockchain in the prospects of the idea no doubt.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
Callisto developers have released the official purse Geth for different OS
15 APR . Since then, the coin on the basis of Ethereum Classic is very popular. For example, in our pool it digs 1665 miners, Hasrat devices that exceed 40 percent of the entire network. The launch of cryptocurrency on the top exc...
In Holland caught the fugitive, who is suspected of stealing 600 ASIC miners
a Week ago in one of the prisons of the country was an escape. From behind bars, Sindri tor Stefansson, and on his release, the militiamen found out after the flight of the fugitive to another country. Now your farm can not surviv...
this year Facebook first, and after him and has banned the advertisement of ICO and cryptocurrencies. The reason was fears for the financial safety of the users. However, the ban is temporary, said in an interview with one of the ...
At the beginning of the year members of the largest American stock exchange Coinbase to accrue an unlimited number of broadcast because of an error in the code of the marketplace. The fault is removed only after a month and the bi...
Antminer and Antminer S11 S11+ lit in the Unified register of notifications
the company Bitmain in the Unified register of notifications of the characteristics of encryption (cryptographic) means. About the models , , , we have already mentioned, because they are presented on the website . Who is surprise...
The largest Bank of Dubai, implemented the blockchain to combat fraud
In February, the government of Dubai plans to issue a national cryptocurrency emCash. The coin will be used for payment of public and commercial services. Now the largest Bank in the city Emirates NBD announced the launch of a blo...
the Record this morning in the top ten leading cryptocurrency was Bitcoin Cash. The coin is 20 percent, and its rate exceeded $ 1400. This is almost two times the cost of a week ago. Real Bitcoin is at the level of $ 9,000. Trader...
The Central Bank of Iran has banned the cryptocurrency in the country
the Opponents of Bitcoin are always talking about using it for money laundering and financing of terrorism. For this reason, the Russian authorities can even compulsory identification for creating purses. Iran agreed to more drast...
Study: 89 percent of users of Visa and MasterCard know about cryptocurrency
In February, payment systems Visa and Mastercard fees for buying cryptocurrency with a credit card from 4 percent to 9 percent. Then the experts believed that companies have begun to fight openly with the crypt. And for good reaso...
recently, the Russian government a list of modifications to the law on the regulation of cryptocurrencies. The government wants to control operations for the sum more than 600 thousand rubles, is preparing amendments to the accoun...
Why Bitcoin is more expensive Cash. Expert commentary
the cryptocurrency market has started well. Capitalization of close to 400 billion dollars, with the majority of coins was in the green zone of growth. Especially noticeable in the first ten allocated Bitcoin Cash. While the growt...
How much is it to send $ 99 million in lytkino. The main advantage of cryptocurrency
In late March, the fee for a Bitcoin transaction to an annual minimum. Mempool was released, so no point to spend extra money to accelerate the operation left. Then the shipment of 10 thousand dollars at a cost to journalists of o...
SEC have arrested a third organizer ICO Centra Tech. Startup accused of stealing 32 million dollars
In early April, the Commission on securities and stock exchanges of the USA the two co-founders of a startup Centra Tech charges in the theft of 32 million dollars. Got it during the ICO. Now the accused in the case was the "main ...
Chapter Reservado Bank of San Francisco: Bitcoin cannot be considered a currency
In January analysts at Goldman Sachs that Bitcoin could replace national currencies in countries that are not ready to offer a high level of financial stability. It was about Africa and South-East Asia. The head of the Reserve Ban...
U.S. woman arrested for paying for assassinations in bitcoins
last week, the gang miner in Taiwan because he could not provide the desired profit investments. A man was shot seven times, criminals were detained. Now police have arrested a resident of Illinois, who paid for the murder of his ...
Ends the next week. The last seven days, with the market growth and renewal April peak of Bitcoins. We also learned about the future of Ethereum after the upgrade, Casper and met with the best countries for doing business of crypt...
Bithumb will hold ICO in Switzerland. Tokens of exchange to be
last year's profit of South Korea's largest exchange Bithumb 171 times compared with the year 2016. To achieve such results especially helped the fourth quarter of last year, during which courses has grown especially active. Now m...
the draft law "On digital of financial assets" in the state Duma in the second half of March. Experts in it beginning of the path to the formation of a transparent system of using coins in Russia and the guarantee of safety of par...
The number of vacancies in cryptocracy has doubled since the beginning of the year
In January, the head of the company Eidoo Thomas Bertani about the high demand for blockchain-professionals in Switzerland. According to him, developers can expect to pay from 10 to 15 thousand dollars a month. Service for invest...
JPMorgan reported about the successful testing of the blockchain service
At the banking conglomerate JPMorgan complicated relationship with cryptocurrency financial institution maintains the blockchain, however, opposed to digital money. It got to the point that one of the clients for a Bank to court ...
Comments (0)
This article has no comment, be the first!