emCash is Dubai’s First Official State Cryptocurrency

[btc100k]

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. mCash 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 (BaaS).

[lero34]

This is good news. I am glad that the Crypto currency becomes an absolutely normal monetary unit. Soon almost all countries will legitimize it and we will be able to pay it absolutely everywhere without any problems.