News

DAMAC and Emaar are not only developers in Dubai…

06.05.2022

Due to the rapid increase in the value and ease of use, cryptocurrency began to not only be used for private transfers, but also as a means of payment on a par with the usual money.

       The UAE, in particular Dubai,  has advanced much more than other countries, and the first to introduce the possibility of buying/selling real estate for cryptocurrency.

      DLD (Dubai Land Department) set up a system to blokcheyn, using an intelligent and secure database, which records all real estate contracts, including leases.

      The process of electronic payments takes only a few minutes, and it can be done at any time from anywhere in the world!

      As a world leader in the field of real estate, DAMAC Properties and Emaar Properties  start to use cryptocurrency, which will provide flexibility and optionality convenience for investors around the world.

      Representatives of the Damac developer believe that this measure will “make a revolution on the market, making the conditions of transactions more comfortable for customers.” The seller called the start of calculations with the help of tokens “the initiative to develop a new economy for new generations”.

       This is a striking example of how cryptocurrencies and blockchain are actively introduced into our daily life, especially since transactions of this format are convenient, profitable and safe.

Get access to new opportunities

Register