Property selling for bitcoin; Dubai based developers target ‘crypto-investors’ looking to diversify their assets
Bitcoin’s newly-rich have just been offered another temptation as a new development in Dubai is being advertised to the community. The luxury apartments are part of “Aston Plaza Crypto," a complex with two 33-story residential towers and a three-story shopping mall. Under construction now, and costing £250 million, the units are estimated to be complete and ready to hand over to the owners in April 2019. Developer Knox Group is offering the studio, one, and two bedroom units to the cryptocurrency community priced in Bitcoin, although prices are pegged to a US dollar exchange rate. Prices range from 133,000 USD, approximately 30 BTC, to 379,000 USD, approximately 86 BTC, and include “a 15-20% discount for the first tranche of properties,” according to the Knox Group. “Packages for interior design services and furniture will also be offered to purchase in bitcoins.”
Major banks from India and Dubai complete blockchain trade finance and remittance transactions
India’s largest private bank, ICICI, and one of the middle east’s largest banks, Emirates NBD, recently announced successful international blockchain transactions for both Trade Finance and Remittance purposes.
Loyyal helps make Dubai the global leader in Blockchain technology
Dubai’s Crown Prince Sheikh Hamdan recently launched the Dubai Blockchain Strategy, a plan to use the technology in several different areas. The Blockchain Strategy has three main objectives, making the government more efficient, creating specialized sectors for business, and achieving global leadership.
Dubai Real Estate Crowdfunding Platform Integrates Bitcoin To Attract Young Investors
Crowd-Funding is reaching dizzying highs. A Start-Up based out of Dubai, United Arab Emirates, now allows you to buy a piece of an 80-story Investment Property - and they are focusing on bitcoin to attract tech-savvy younger investors.
Gregory Simon And The Dubai Bitcoin Conference
Bitcoin has received negative onslaught from the main stream media, with much focus on anti-government libertarianism. Due to the technical background of this digital transfer system, it leaves many befuddled and overwhelmed.
