Dubai School Makes History As First In Middle East To Accept Bitcoin & Ether ...
A school in Dubai has announced that it will be accepting cryptocurrencies such as Bitcoin and Ethereum as payment. Dubai is a city that has continued to introduce new and favorable laws regarding cryptocurrency and as a result, has seen the adoption of digital assets rise in recent times. The Dubai school which is scheduled […]
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Citizens School said it also intends to integrate blockchain technology into several aspects of its academic and administrative operations in the future. According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing platform and are automatically converted into United Arab Emirates Dirhams (AED). Dr Adil Alzarooni, the founder of Citizens School, commented: "We look forward to enhancing the role of young generations in....
The Dubai Future Foundation has decided to promote the Blockchain technology following its Global Blockchain Council quarterly meeting. Thus, Blockchain technology, along with other seven new innovation-based pilot projects, finds its way into the mainstream of the United Arab Emirate as well as the Middle East. Touted as a leading regional technology hub given its position as a platform for top tier international tech companies - based on its advanced infrastructure and its attractive business environment - and a stage for global technology-oriented events, the adopted projects will....
Bitcoin wallet and block explorer resource Blockchain has been revealed as a Government of Dubai partner in the latter’s goal toward switching all government documents and transactions over a blockchain by the year 2020. Speaking at the World Economic Forum this week in Davos, Switzerland, Blockchain CEO Peter Smith also revealed plans for expanding the company to gain a presence in the Middle East. As reported by regional English publication The National, Smith stated: I am very optimistic about the Middle East and we plan to invest big there. I’m really excited about it. It’s a great....
Dubai-based startup BitOasis has announced the launch of a new bitcoin buying platform. Aimed at consumers in the Middle East and North Africa (MENA) region, the platform was revealed at the TechCrunch Disrupt NY Startup Alley, a venue for early-stage companies taking place over the course of the three-day conference. Co-founder Ola Doudin explained that the goal of the service is to increase bitcoin liquidity in the Middle East as part of BitOasis' long-term strategy of serving what she characterized as the vital remittance corridors of the region. Doudin told CoinDesk: "The UAE....
Indian Mountain School (IMS), an independent, coeducational boarding school in Lakeville, Conn., has announced it will accept bitcoin donations for the school's fundraising activities. The school becomes the first elementary/middle school in the U. S. to accept bitcoin. Joining the school in making the announcement were digital currency payment processor GoCoin LLC and digital currency platform Bitcoin Shop, Inc. (BTCS). The school views introducing digital currency as part of being an innovation and technology leader in education. The school will offer parents and other supporters the....