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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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Tag: Dubai

Dubai and Singapore Ink Fintech Partnership

Category: Altcoins, Bitcoin, Blockchain, Finance, Investment, News, Tech

Dubai and Singapore Ink Fintech Partnership

On September 3, 2018, Dubai’s financial regulatory, the Dubai Financial Services Authority (DFSA) signed a formal agreement with its counterpart in Singapore, the Monetary Authority of Singapore (MAS) in order to increase cooperation in the financial technology space. Both regulatory bodies handle projects revolving around blockchain technology, big data, and cryptocurrencies. This is only one in a series of such…

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Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi

Category: Altcoins, Business, Crime, Finance, News

Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi

The man behind the Asian branch of the $2.4 billion cryptocurrency scam operation Bitconnect has been arrested by police officers on August 18, 2018, from the Gujarat Criminal Investigation Department at Delhi Airport on his return to India. Divyesh Darji, who has reportedly been living as a fugitive in Dubai was apprehended at Delhi Airport as the investigation into the…

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How Bullion is Playing a Role in Attracting Islamic Investors to Cryptocurrencies

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News

How Bullion is Playing a Role in Attracting Islamic Investors to Cryptocurrencies

While the world argues over bitcoin’s legality and blockchain use-cases, another type of conundrum is brewing in Islamic countries – their religion essentially prohibits speculative investments. Yet, Dubai and other cities seem to have found a way around this, such that their citizens can invest in cryptocurrencies keeping in mind both its financial and religious risks. In the rulebook of…

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Dubai Government Launches First Official State Cryptocurrency

Category: Blockchain, Finance, News

Dubai Government Launches First Official State Cryptocurrency

The Dubai Government has recently announced plans to launch the first-ever government-backed cryptocurrency, according to an statement released by Dubai state news agency WAM. The state-sponsored digital token, called emCash, will be available to pay for both governmental and non-governmental services. The launch of the state-sponsored cryptocurrency is a historic first, with the Dubai government stepping in ahead of other…

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Dubai Announces Digital Blockchain Passport for ‘Borderless’ Airport

Category: Blockchain, News, Tech

Dubai Announces Digital Blockchain Passport for ‘Borderless’ Airport

The Government of Dubai has announced its collaboration with UK-based blockchain startup ObjectTech to create digital passports for quick and efficient entry at the Dubai International Airport. Working closely with Dubai’s Immigration and Visas Department (GDRFA – General Directorate of Residency and Foreigners’ Affairs), ObjectTech seeks to create the world’s first ‘gate-less border’ through the use of the blockchain and…

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Dubai and EU Give a Peek into How the Blockchain Transforms Government

Category: News, Tech

Dubai and EU Give a Peek into How the Blockchain Transforms Government

Governments around the world are starting to appreciate the multifaceted use of blockchain technology and are looking to adopt the blockchain in various ways, such as the government of Dubai, who are using the technology to cut down on bureaucracy. In modern society, we continue to experience digitalization in many aspects of our lives, which is transforming the way we…

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