The listing of Bitcoin Fund on the Dubai Nasdaq Exchange happened in June 2021. This is considered the first listing of the digital asset variety in the Middle East. This event was reportedly followed by a stark surge in blockchain and digital asset adoption.
Globally acclaimed global blockchain development company, HashCash Consultants takes prides itself in contributing to the field of digital asset innovation in the MENA region.
HashCash has been a part of several projects delivering its flagship products white label cryptocurrency exchange and payment solutions to institutional crypto ventures and financial institutions in the region.
While the white label crypto exchange software aims at cryptocurrency adoption by institutional ventures, payment solutions are used in siloed implementations to include the unbanked population.
Chief’s Quotes and More
“With several forthcoming projects in the pipeline, apart from those accomplished, we’re positive about driving blockchain and digital asset innovation in the MENA region,” spoke Raj Chowdhury – a blockchain pioneer and HashCash CEO. “We’ve tasted success with our past projects and it gives us the confidence to take up newer challenges diversifying the investment landscape in this region.”
In an earlier interactive session, Chowdhury admitted that Middle-Eastern countries are, indeed, offering an ecosystem conducive to blockchain and crypto growth.
HashCash Crypto Exchange Solution
HashCash designed white label cryptocurrency exchange software has carved a niche of its own with institutional enterprises in the US and overseas. The software is known for its agility and scalability. The white label cryptocurrency exchange solutions boast of:
- A multicurrency, SegWit enabled, multi-signature, high-frequency trading platform for digital assets
- Support for major world fiat currencies such as USD, Euro among others
- Bank-level defenses to protect users from hacks such as 3-point architecture and DB encryption
- Multi-signature cold wallet and encrypted hot wallet
- Support for multiple cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, HCX, and ERC20 tokens
- An architecture that allows Cryptocurrencies to be added or removed easily as per your requirements
- Advanced features such as SegWit, BIP-32, Firebase among others
- Facilitating conduction of geography-specific user KYC and AML checks for compliance
- Availability in iOS, Android, and Web versions
HashCash has achieved the top position as a worldwide provider of crypto exchange solutions by an international rating and reviews firm. It concurrently defends the title of the top global blockchain development company.
As far as technology is concerned, HashCash assumes a progressive stance. The research team from HashCash frequently devises models and proposes solutions to real-world problems. It has lately conceptualized a model for the prevention of child trafficking and DNA sequencing. HashCash has previously collaborated in fields of biometric automation, digital identity solutions, space technologies, and more.
Financial authorities from across the globe have, meanwhile, adopted stances suitable to their respective monetary requirements. This has resulted in the implementation of varying degrees of regulations on cryptocurrency; ranging from welcoming to highly taxed.
Given such conditions, it is hard to spot a location offering an ideal balance of legislative sanctions and infrastructure. Considering as much, MENA offers the optimum balance that organizations like blockchain enterprises like HashCash look for.