Toumanidis Elias

Toumanidis Elias

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The city of Dubai now has its own cryptocurrency

The city of Dubai now has its own cryptocurrency. This new cryptocurrency, called emCash, runs on its own blockchain and is designed for various financial transactions. emCash uses the latest blockchain technology and works as part of payment system called emWallet. The digital currency has varied advantages – faster processing, improved delivery time, less complexity and cost, to name a few. The city will also have a shared platform, called Blockchain-as -a -Service.

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