Dubai digital currency | Bitcointalksearch.org

akunta

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Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

i like this strategy, especially the fact that the main impulse comes from government itself. i wish it was like this with every country, instead of banning and fake gossip which only diminish cinfidence

seyola89

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Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

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This is nice. What the blockchain and cryptocurrency spheres need is time to stand its ground and gain the wide popularity and ease of use we are craving for.

Asmh85

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Dubai always one of the advanced countries that adopted blockchain, but I don't know what is the benefits of emCash.

micairvas

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It is wonderful. Indeed, in the country itself a lot of money. This would help the cryptocurrency world as a whole. We need high-quality projects and coins that will strengthen our economy. Thanks for the information.

pharaon

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Knowing that Dubai is a very advanced and highly developed city, the creation of its own coin there is likely, and this fact will positively affect the development of the crypto-currency industry and the universal acceptance of digital currencies. Hopefully other countries and major cities will follow suit.

Secionz

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Quote from: cliber on December 06, 2018, 10:53:21 AM

Venezuela, Dubai and Japan are countries that have far-reaching visions in the face of technological advances, especially in the economic field. In my opinion, in the future there will be another Arab country that will follow in the footsteps of Dubai, namely the UAE.

These countries are giving much benefit to the crypto community, the steps which Dubai want to take in the favour of crypto community will make this community more bigger and more people will know about this place and Bitcoin and will become a way to increase the price of Bitcoin.

Turkish88

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Government cryptocurrency ?
Need to see the blockchain aspects of this coin, i am hope its not the fork of xrp

WalkerIVIV

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Cryptocasino.com

Quote from: cliber on December 06, 2018, 10:53:21 AM

Venezuela, Dubai and Japan are countries that have far-reaching visions in the face of technological advances, especially in the economic field. In my opinion, in the future there will be another Arab country that will follow in the footsteps of Dubai, namely the UAE.

They are having vision to create their own crypto and i hope that will give a chance for cryptocurrency to create a combination with this regulator's crypto. But we are facing a lot of problem when the regulators wanna rule anything in the cryptocurrency. this has become a serious problem

cliber

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umachit.fund

Venezuela, Dubai and Japan are countries that have far-reaching visions in the face of technological advances, especially in the economic field. In my opinion, in the future there will be another Arab country that will follow in the footsteps of Dubai, namely the UAE.

khufuking

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Op title is on spot but a lot of the replies talking as if this is a Cryptocurrency! Why people are cheering for this! What this will add to Crytpo space? A cryptocurrency that is not decentralized and not anonymous but the total opposite it is fully controlled and centralized by the government, this shouldn't be called Cryptocurrency, this is just a digital currency build on the blockchain, people really need to start to differ between the two things.

Docbee

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The next county which will follow in this direction is not certain but i know many country are also interested in making use of blockchain technology we will know the country when the time arrives.

team87

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How is the continuation of the digital currency launched by the country of Dubai? Has there been any news about this emCash currency? And to what extent is its potential, have many people been interested? Thank you.

dumplingsandsushi

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There are a number of countries trying to become the "Crypto capital of the world"
Korea, Switzerland, Russia, and Monaco are other ones that are actively making laws that encourage crypto development and investment.
Naturally, I would assume those countries would build their own currency.

I wonder how these "country currencies" will do though.
Standard economics says that it will just end up being hyper inflation with the currency eventually being worth nothing.
AFter all, you can't just make money out of thin air.
If they were backed by something, like they were pegged to the countries fiat, or something, then it woudl be more reliable.
Another thing to note, is that they would need the infrastructure to be able to use the crypto on a daily basis.
I wonder if they will develop it themselves or adopt an already existing platform?

drants

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Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

oh, it's difficult to predict. China looks like participating, at least it becomes softer regarding crypto issue. great that Dubai joined the game, after all the yhave enough resourses to develop it

djgtr

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Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

If that so, that would be a good news to everyone especially to those people are living by themselves or with family at all. Their are many countries open to everyone the cryptocurrencies it is because they have seen that it could be uses as different transaction at all.

krenus

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W12 – Blockchain protocol

Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

wow, nice to know that! the more the better. i guess some countries like India. and i wish countries would cooperate n creating crypto, like it was with fiat, but now it crypto euro or crypto dollar

Febo

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Quote from: Dexion on October 11, 2018, 08:59:43 AM

Today, good news comes from Dubai, the Dubai city government seems ready to launch a digital currency. the name of the currency is emCash.

the Dubai government will work with technology companies to create emCash currencies. Dubai government hopes that emCash currency can be used for future transactions.

I want to know your opinion, which other countries will create currencies after Venezuela, Dubai, and Japan?

It will be useful for people living or visiting Dubai. I dont have plans to visit it in reasonable time, so this is totally useless coin for me.

qualitywork

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Sounds like a plan, happy news for Dubai people's and I believe it will cover the entire UAE. This wonderful platform is useful for a change in future as a second investment. These days more countries are making crypto as legal as block chain technology is unique.

coinzzzpro

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Dubai well done! Let's see what they can do. While some countries have fences to block other implement and develop.
But I couldn't find the coin's official website.

Will it be traded on the exchanges and will it be a stable coin?

futurefuturecoins

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This is a breakthrough in real cryptography. Using the downloaded application in the emPay wallet, users can make various payments via the NFC function. The main advantage of merchants is real-time payments and the absence of intermediaries. emCash, which is based on the blockchain technology, can be used to pay for a wide variety of goods and services, both public and commercial. Normally, this is a real cryptocurrency in one of the richest countries.

Topic: Dubai digital currency (Read 557 times)