Press Releases

Investing in Blockchain Pioneer of Dubai is Now Possible – Burency is Seizing the Initiative

Published

5 years ago

October 23, 2019

The United Arab Emirates (UAE) is among the world’s richest countries, thanks to the abundance of oil deposits in the region. The revenue streams of the UAE has seen some diversification in the past. Prior to the discovery of oil in the UAE in the 1950s, its economy was primarily dependent on fishing and thus largely unsustainable. In its doggedness to move the country forward, today, the global hub for trade and commerce is now domiciled in the UAE.

On one hand, development around the world is moving at lightspeed, as data is fast becoming the new oil in today’s world; nothing works efficiently without data. On the other hand, blockchain technology is taking the lead in enabling efficient data transmission and thus impacting how the world conducts business today. For years, UAE is known to be a first-mover across revolutionary business domains and technologies. Needless to state, the world capital of blockchain is now rising in the Middle East.

UAE is a staunch supporter of blockchain technology, this became evident after the launch of Emirates Blockchain Strategy 2021. This strategy is targeted at capitalizing on the blockchain technology to transform 50 percent of government transactions onto the blockchain platform by 2021. These initiatives are often influenced and encouraged thanks to its government and investment-friendly business environment.

This initiative will eventually result in an impressive cost savings of AED 11 billion in transactions and documents processed routinely, 398 million printed documents annually, 77 million work hours annually. While other nations are busy inhibiting the development of blockchain technology, the UAE at the same time is leveraging on it to foster economic development.

Dubbed as the “city of the future”, Dubai, in 2017 announced its plans to have robot cops, flying taxis and autonomous vehicles on its roads in the coming years. Now, Dubai, a member state of the seven emirates of the UAE is on a mission to become the world’s first blockchain-powered government.

By 2020, the emirate wants all visa applications, bill payments and license renewals, which account for over 100 million documents each year, to be transacted digitally using blockchain. This and many other reasons have summed up in creating an enabling environment for blockchain startups to strive better in the middle east.

Recently, IBM opened up a start-up space in Dubai whose mission is to encourage smaller companies to use IBM hardware and cloud services to experiment with blockchain applications. The UAE Exchange has also recently partnered with RippleNet Network, a provider of blockchain technology. Ripple is expected to be assisting the UAE exchange by providing real-time, quick and high-speed payment both local and cross-border payment.

Due to blockchain immutability and the untamperable nature of data stored on blockchain, real estate is taking its own share of the disruptive power of blockchain. Dubai Land Department (DLD, in October, launched a blockchain-powered system to help secure financial transactions, electronically record all real estate contracts, and connect homeowners and tenants to property-related billers, such as electrical, water and telecommunications utilities.

Many other startups and blockchain ecosystems are seizing this opportunity to leverage the power of blockchain to make the world a better place. One of such innovative companies that have grazed the blockchain stratosphere in Dubai is Burency.

What is Burency?

Burency

Burency is a revolutionary cryptocurrency exchange based out of Dubai. Burency exchange is a fully-insured cryptocurrency exchange that is regulated, transparent, convenient open for experienced traders, first-timers and investors alike.

The project is headed by Founder & CEO Mohammad Mazen and a team of other professionals who have varying degrees of experience and expertise working in various fields relating to blockchain, finance, marketing, etc.

By virtue of building numerous projects in the UAE and pitching several blockchain meetups and conferences in the Middle East, Mohammad Mazen understands the business environment surrounding this region. There is a popular norm that says, the expertise of any team has a direct reflection on the success of the underlying project. This is the case with Burency.

The company is positioning itself among the first-movers in the ever-growing high-potential Middle Eastern market. The market at present is highly underserved with interest outstripping the number of exchanges, mining facilities and blockchain centers available.

According to the Burency whitepaper, the company is launching a trusted state-of-the-art cryptocurrency exchange whose features are considered to be more superior to any available alternative in the Middle East. Burency is well-positioned as a blockchain giant in the Middle-East as UAE takes the lead in global blockchain adoption.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Related Topics:Burency Dubai middle east

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Press Releases

ND Labs Launches Crypto Exchange Software Development

Published

2 years ago

January 20, 2023

Guest Contributor

ND Labs, an international blockchain consulting and development company with offices in Poland and the United States, has recently announced the launch of crypto exchange development services.

ND Labs understands that cryptocurrencies are gaining even more popularity and predict their mass adoption in the future. Thus, the company offers full-cycle development services to IT businesses and non-IT enterprises from various industries, including retail, construction, oil & gas, etc.

Dmitry Khanevich, co-founder and CEO of ND Labs, commented on the news:

“Launching a crypto exchange is a good business idea. First, there is a growing demand for such platforms as digital currencies are becoming more widely used. Second, they can generate constant profit by charging fees for each transaction. Third, they are relatively easy to set up and maintain. Finally, they offer lots of flexibility, which makes them ideal for businesses of all sizes. If you lack the necessary skills or knowledge to build a crypto exchange, that’s where our blockchain expertise will be helpful.”

What is a crypto exchange?

A crypto exchange is a trading platform that allows users to buy and sell digital assets in a peer-to-peer manner, which means there is no third party involved. For instance, users can buy cryptocurrencies for fiat money and then trade them.

How to develop a crypto exchange platform?

- Choose the platform type. It can be a crypto trading app as well as a centralized, decentralized, or hybrid cryptocurrency exchange.
- Build key features. They include user authorization and verification, a trading engine, a crypto wallet, an intuitive user interface, and market and liquidity provider integration.
- Add nice-to-have and advanced features. They are manageable user profiles, portfolio tracking, push notifications, loyalty programs, a knowledge base, data analytics, NFT trading abilities, automated strategies, etc.
- Meet regulatory compliance. Depending on the jurisdiction you are going to work in, you will have to comply with GDPR, KYC, KYT, AML, and other requirements.

Develop a crypto exchange platform.

About ND Labs

ND Labs is an international company that offers blockchain consulting and development services. They build blockchain-powered solutions for businesses of all sizes from various industries, such as logistics, real estate, insurance, etc. The company’s team consists of experienced blockchain professionals who focus on strategic outcomes and help clients generate long-term profits.

Contact

For more details and updates, visit:

Website: www.ndlabs.dev
Facebook: www.facebook.com/ndlabs.dev
Instagram: www.instagram.com/ndlabs.dev/
LinkedIn: www.linkedin.com/company/ndlabs-dev/
Twitter: twitter.com/ndlabsdev

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post.

Press Releases

Get Lucky Tickets for World Cup Bets on 1xBit

Published

2 years ago

November 25, 2022

Guest Contributor

The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Are you excited about seeing your favorite players on the pitch? Then the World Cup is an opportunity not just to do that but also to win big from your passion.

Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience. This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes.

1xBit 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. The prize pool is 3 BTC, with numerous winners per category.

To participate in the offer, you must log in or register on 1xBit. Proceed to the offer page, click “Take part,” and bet on World Cup 2022!

Participants collect tickets for bets on World Cup 2022 matches. There are three ticket categories:

Individual match tickets – for bets on any World Cup matches
Supporter tickets – for bets on the picked 8 countries during the group stage
Play-off tickets – for bets on play-off matches

For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC, while the first-place winner in the Play-off tickets prize draw will win 250 mBTC.

1xBit: Your Best Bet

Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile.

As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space.

You can make bets on 1xBit using over 40 supported cryptocurrencies. This crypto adoption eliminates the need for fiat currency. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees. Even more, 1xBit is constantly looking for relevant partnerships and new coins to add.

You also enjoy instant payouts with zero fees. This allows you to enjoy your winnings without adversely affecting the platform’s fee structure. 1xBit also provides educational blogs on crypto gambling to help you get started with the necessary tips to navigate the field. Whether a beginner or a veteran, 1xBit covers all you require.

Additionally, 1xBit offers users a Welcome Bonus of up to 7 BTC following their first 4 deposits – it gives you the required jumpstart to experience the platform and play your favorite games.

Final Thoughts

All roads lead to Qatar for the 2022 World Cup, and you don’t want to miss out on any match. With the Ticket Rush tournament, you can spice up your experience and win crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post.

Press Releases

Crypto Lists Announce Bitcoin Maximalist as Head of Content

Published

2 years ago

October 27, 2022

Guest Contributor

CryptoLists.com is delighted to announce the arrival of the new Head of Content, Tom White.

Tom is now a key member of the speedily growing crypto info site, with ambitions to take the content up a level and define and refine the tone of voice. A keen follower of crypto and Bitcoin, in particular on a personal level, he’s well acquainted with blockchain and DeFi technology and has been investing in digital assets for some time.

In other news, Crypto Lists are also pleased to announce an updated mission statement and a new slogan: Crypto Done Smarter.

As a native English speaker, Tom is well-positioned to take over the tone of voice and editorial oversight of the website, which was founded by two Scandinavians. Alongside this, Tom’s main focus will be to ensure that fresh and informative news articles are released even more frequently, and reviews of new coins and brokers are published swiftly.

Tom White – A Bitcoin Maximalist?

While open to the potential of various altcoins, as somewhat of a Bitcoin Maximalist, Tom sees Bitcoin as digital gold of the new economy. A keen chart-watcher, he’s excited about the next halving event in 2024 and seeing how high BTC can go during the next bull run. A bull run where he believes incredible new ATHs will be reached. A full review of Bitcoin with breaking news, FAQ, historical background, and the most recent updates can be found at https://www.cryptolists.com/coins/btc/.

Things Tom will oversee

During his first week at the company, Tom has covered subjects surrounding changes within the traditional banking sector in regard to crypto, as well as a multitude of other topics. Being such a big advocate of Bitcoin and its potentially revolutionary capabilities, a topic he found especially interesting is how to survive on Bitcoin. He recently published a piece about Arnhem, a Dutch town that some call the world’s only Bitcoin city. Alongside such specific topics, he will be making sure that the Crypto Lists brand voice is consistent across both the website and all externally facing written comms.

Upcoming events in Africa

Tom will also write articles and releases about recent and upcoming Bitcoin and crypto events. In the near term, one such event is the Ghana DeFi Summit 2022.

Crypto Lists – Crypto Done Smarter

cryptolists Tom also brought his creative mind to the forefront when brainstorming the new brand mission alongside the wider team. Crypto Lists had been searching for a new slogan, that is both accurate, descriptive, as well as evergreen – taking into consideration the future developments and growth of the company. Along with the senior leadership, a general consensus was reached: Crypto Done Smarter.

Why smarter? Well, Crypto Lists is there to help people make more informed decisions. The entire ecosystem of the site revolves around educating people on the crypto space, and the coins, platforms, brokers, exchanges and at the same time doing reviews of blockchains that compose it. In a nutshell, Crypto Lists is a site where you learn to make smarter decisions in the crypto space.