7- Con­ge­nial Cryp­tocur­rency

ArabAd - - TRENDS -

barter shop, where trade is sealed in ex­change of com­modi­ties - not money.

Be­yond the realm of trans­ac­tions, th­ese new cur­ren­cies of trade com­mand a set of prac­ti­cal apps and pay­ment pro­ces­sors that act as mid­dle­men be­tween con­sumers, cur­ren­cies - and re­tail­ers too. Bit­coin ATMS have al­ready de­buted in the UAE, with a spate of Bit­coin ex­change plat­forms; pay­ment gate­ways, e-wal­lets, and other ser­vices set to bring vir­tual cur­ren­cies into the main­stream. Yel­low, the first Bit­coin pay­ment com­pany in the re­gion in­tro­duced a voucher ser­vice in Egypt, for the pur­chase of Bit­coin vouch­ers as ‘tick­ets’, us­ing the Egyp­tian pound.

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