https://i.ibb.co/dPj7Qvm/arabian.jpgSaw on youtube the re-launch of DBIX cryptocurrency. In 2017, the company let its investors down. On bitcointalk.org, the project was labeled as "probable scam".But interestingly, in 2019, the company received a commendation from the "UAE Ministry of Finance" for its contribution to blockchain. Which means the company is doing fine and at least cooperating with the government.
More recently, it was reported that DBIX could become the government's low-volatility coin.
Link to video:https://youtu.be/B8UqA3gNJrgDescription of the video on youtube:Since 2017, the United Arab Emirates has been discussing the introduction of a national cryptocurrency.
After the forum "UNLOCK Blockchain 2020 (19 - 20 Jan 2021)" (
https://www.unlock-bc.com/events/unlock/2020), interest in this project increased many times over.
Company, which previously received an award from the UAE Ministry of Finance (
https://twitter.com/MOFUAE/status/1180798935746715649) for blockchain development. It announced the imminent relaunch of its DBIX cryptocurrency. Which in the future should become the first official cryptocurrency of the Arab world (
https://www.instagram.com/dbix.2.0/).
Judging by Arabianchain Technology's close relationship with the government, they have a good chance of doing so. Reliability of the company and a clear plan of using cryptocurrency in real life, makes this project extremely attractive for investors and diversification of their own portfolio.
WARNING: is not an investment recommendation. Just information. The decision is up to each individual.
