ARABIC CASH: Independent DeFi in support of the Arab Blockchain Strategy 2021
Despite the fact that Arab oil is running out, the entire region continues to develop rapidly. The United Arab Emirates (UAE) has created a new economic oasis in the middle of the desert, and now the state is ready to challenge Silicon Valley. The Arab crypto industry is growing faster than local skyscrapers. One of […]
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After six months of development and several months of Private Trading, the Arabic Cash project proved its serious intentions and development prospects. It is rightfully the first independent DeFi created in support of the global “Blockchain Strategy 2021” of the United Arab Emirates. Extra round to 1 Dollar After the full launch of the ABIC […]
Despite the fact that Arab oil is running out, the entire region continues to develop rapidly. The United Arab Emirates (UAE) has created a new economic oasis in the middle of the desert, and now the state is ready to challenge Silicon Valley. The Arab crypto industry is growing faster than local skyscrapers. One of […]
United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […]
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry of Economy, launched a market innovation challenge wherein participants are expected to create a functional know-your-customer (KYC) blockchain system. The challenge, according to AFCM, is open to “enterprise-ready”....
On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding their keys in a noncustodial fashion. This week, bitcoin cash (BCH) users will get a chance to leverage the first public defi product built on the BCH blockchain. The team from Detoken and the organization General Protocols recently launched the Anyhedge protocol and Detoken, a noncustodial,....