The currency was called emCash, and you can use it to pay for government and other services.
For more details, watch below YouTube video:
DUBAI LAUNCHED ITS OWN CRYPTOCURRENCY
7 years ago in #cryptocurrency by munawar1235 (69)
$1.24
- Past Payouts $1.24
- - Author $1.20
- - Curators & beneficiaries $0.04
- > esteemapp: $0.03
21 votes
- munawar1235: $0.74
- good-karma: $0.23
- tonnykeef: $0.20
- touristpk: $0.03
- esteemapp: $0.01
- bitcoiner: $0.01
- feruz: $0.01
- massivevibration: $0.01
- psyechos: $0.00
- jamiebu: $0.00
- ishank6: $0.00
- iamai: $0.00
- adityatomar: $0.00
- bounties: $0.00
- steempoll: $0.00
- demo: $0.00
- tipping: $0.00
- mysteem: $0.00
- isteemit: $0.00
- ddangerwu: $0.00
- and 1 more
Indeed. I'm not surprised.
I can imagine so many uses for cryptocurrency: businesses, government, schools, travel, hotels, taxis, retirement plans, insurance, & on, & on, & on...........
If it's a bubble, as some people say, it is nowhere near capacity. If anything it is in its infancy.
This is just the beginning and the trend is irreversible.
Dubai a leader in the middle east for cryptos, hopefully more will follow...more will.