Mazda3 Posted October 9, 2018 #1 Posted October 9, 2018 Dubai residents can now buy goods and services using digital currencies. Payment blockchain platform Pundi X, together with Ebooc Fintech & Loyalty Labs - a platform for loyalty programs, entered into a partnership with the Dubai Credit Union - Emcredit. emCash and Pundi X From now on, payments in Dubai can be made using emCash, the state currency based on the blockchain technology and the digital equivalent of the UAE dirham. In turn, Pundi X is developing POS solutions for emCash, with which digital currency can be used to pay for government services, telecommunications and shopping in stores. Distribution of cryptocurrency in Dubai Of course, Dubai is at the spearhead of blockchain-innovation. Now it has become the world's first “smart city” to master the technology at the most massive level. Pundi X Plans Pundi X is gaining momentum since the Binance community voted to add cryptocurrency to the exchange platform in June. Over the next three years, Pundi X plans to install 100,000 retail POS systems worldwide. A source: https://bitjournal.media/09-10-2018/dubaj-pervyj-gorod-gde-teper-mozhno-ofitsialno-kupit-morozhenoe-za-koiny/
williamshennie9 Posted October 9, 2018 #2 Posted October 9, 2018 That's amazing to see a country integrate this so nicely into their economy. This is definitely a step in the right direction!
Jakubb Posted October 9, 2018 #3 Posted October 9, 2018 Ohhh, ohh... Dubai always trying to be the best and first to do something. Well, something worked out for them! First city to use bitcoins officialy... Nice one Thanks for sharing mate!
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