Topic: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World - page 296. (Read 522793 times)

Blockchain-Based Innovation

“The Arabian world is ripe for innovation,” said Mohammed Alsehli, chief executive officer at ArabianChain Technology, a Dubai-based software developer.

“Blockchain technology is at the center of innovation in the region that is made possible by the direction and the vision of some of the countries here. In Saudi Arabia and the UAE it’s all about the digital revolution and how to digitally transform these countries in the future.”

ArabianChain Technology, based in the Dubai Technology Entrepreneurship Center, recently launched its own public blockchain.

In addition to the blockchain, ArabianChain is developing a suite of blockchain-based features and products, including its own digital currency called DubaiCoin-DBIX (previously, DubaiCoin-DBIC), an exchange, and a regionally-focused marketplace.

“DBIX is a secure and economical means to conduct payments and asset transfers,” Alsehli said.

But ArabianChain is just a single player amidst a growing base of fintech ventures, blockchain-based and otherwise.

Last September, the Dubai Future Foundation launched its inaugural Dubai Future Accelerators, a 12-week program connected international technology startups with government entities for the purpose of creating prototypes and pilots for the City of Dubai.

According to Bitcoin Magazine reporter Diana Ngo, The program “enlisted 30 companies with seven of Dubai’s public services: Health, Energy, Knowledge, Municipality, Police, Transport and the investment portfolio, Dubai Holding.”

In fact, the United Arab Emirates is moving to adopt sweepingly adopt blockchain technology with aims “to become, by 2020, a leading center for innovation and the first government in the world to execute all of its transactions on a blockchain.”

The power of this, from a financial inclusion and digital innovation standpoint, will be unmitigated access for a population that lives online, connected via a computer or mobile phone, with the latter’s penetration rate at a nearly universal level.

Further, integration and adoption of a regionally-focused, feature-filled public blockchain has the capacity to heighten interaction and connectivity from business-to-business,  business-to-consumer, and peer-to-peer positions.

Daniel Diemers, a consultant with the strategy and consulting arm of PricewaterhouseCoopers, pointed to another reality in the region, that of disconnection, stating, “If you’re a payments fintech start-up in the UAE and you’ve gone through all the approvals, it [still] doesn’t give you passporting in other Gulf countries.”

ArabianChain and other public blockchains like Bitcoin have the potential to alter this dissociative relationship, allowing businesses and people to interact without thought of border, according to Alsehli.

Mobile banking and the advancement and adoption of financial technology applications can also shatter the often insurmountable barrier physical access predicates, while alleviating costs to the account owner and the banking institution.

In short, Blockchain-based innovation could mean significant progress by way of financial inclusion through digital.

This guest article is authored by Brandon Kostinuk, communications lead at Vanbex Group, a Vancouver, Canada-based professional services firm and consultancy that specializes in the digital currency and blockchain technology sector.

and here is another big mention of dbix and arabianchain technology
https://www.cryptocoinsnews.com/blockchain-innovation-means-greater-financial-inclusion-middle-east/

so it means some great work is  being done in the background
annnnnnnd one day will come this year when dbix will be $1000

thanks Dumpers now i can buy more cheap 

looks like an empty bubble

This very good news !!!
Arabianchain become arabian bitcoin..

https://dtec.ae/company/arabianchain-technology/

Good news bro, thanks)

Cryptorios, this is important IF DTEC support DBIX???

i mean is this something DBIX TEAM was looking for, a goal that has been reached???

Dubai technology will support Dbix 
https://dtec.ae/islamic-economy/

Are you serious? I post that link to people know more about Arabianchain. And if you know what's Dtec you know what is Arabianchain.

That's the promised BIG update? 
oh wow

https://dtec.ae/company/arabianchain-technology/

 

price slowly declines

people trying so hard to discredit this coin and project and all its doing is wiping the floor with them...lol. hahahahahahha



ive been looking all of them come and fud and eventually go.. and DBIX JUST KEEPS RISING... some people are just sick and sad

---

https://www.youtube.com/watch?v=mFCwo9SXJ4A


DUBAI HERE WE COME,,,

inb4 dump INC

what is this dude
dbix sell 43k and buy 14k  ?
right now the price is
sell 0.00226000 btc and buy price is 0.00224000 btc
am i missing somthing ?

Sell 43k, buy 14k
hm...

Thanks cryptorios for ur belief in DBIX project, u always give us hope

U think the update will be big enough to influence the price, pls give us an idea when that will be , One , two weeks ? or more

thanks for ur reply

We hope it will be good news for us that we stayed with dubai coin

We are waiting for good news .