Dubai real estate giant seeks to offer Construction Company (EMAAR) digital token

• Published 2 Year Ago
• DHS Blog

The Emaar Company recently announced that it will allow its customers to use digital currencies to buy the company's real estate. In this article, we provide information about this company and the reason for using digital currencies by large companies in the world. Many companies are using digital currencies and blockchain technology. The Emaar Company also has many plans to offer its token.

EMAAR company

Emaar is the largest real estate company in the United Arab Emirates, creating tower Khalifa, Dubai Fountain, Dubai Mall, and Dubai Opera. Emaar has announced plans to launch a token.

This company plans to launch its dedicated token in Europe. This token is to be developed by Swiss blockchain startup Lykke. This token complies with the ERC-20 standard and will be issued on the Atrium blockchain.

This token is capable of transferring and buying and selling buildings, hotels, and entertainment centers, and allows customers to manage facilities and shop online. That is, the buyer enters the Atrium blockchain system and pays statistics to purchase the company's property in proportion to the amount of capital stored there. This process is done in the shortest time. The gross revenue of this company is 5.8 billion dollars. Therefore, it is one of the 50 largest companies in the world. Today, there is a lot of interest in using blockchain and cryptocurrency in Dubai. The UAE government intends to transform its oil-based economy into a tourism economy by 2030 and has taken good steps to adopt, regulate and attract digital currency businesses. Hence, large companies create their token to be able to work in this field. The UAE government also intends to make its cryptocurrency.

For the first time in Dubai, customers can buy a house with cryptocurrency. Enabling such payment methods will give more options to real estate investors. This company also intends to transform the real estate industry using digital currency.

Token Cryptocurrency

More businesses in Dubai will accept cryptocurrency payments. All over the world, large companies are buying and selling products and services with digital currency. The process of trading within the cryptocurrency network is very simple and easy. Another advantage of digital currencies is their security. cryptoCurrency security is determined using the hash rate. The higher the hash rate of a network, the more computing power will be required to penetrate the network, and thus its security will be high. Of course, choosing an online exchange is also very important.


Another advantage of the digital currency market is the low costs. People who use the currency to pay for various expenses and prices can do their activities without additional payments such as taxes. The fee rate paid in cryptocurrencies is much lower than the same fee rate for banking transactions.

High speed in payments with token

Another advantage of digital currency is its high speed in payments and transfers. All heavy exchanges are done in just a few seconds every day. Because of the speed, security, and convenience of working with digital currencies, we see that many people prefer to use them. On the other hand, fluctuations in digital currencies, especially atrium, are very reasonable. Because this currency code uses special algorithms, it always has exponential growth. For this reason, we are seeing the widespread use of Atrium in financial transactions between large companies and customers.

Profit of investing in digital currency token

Cryptocurrency technology is profitable for various reasons. The profits that can be made from these markets far outweigh the bank profits. Therefore, you can use them to buy and sell real estate, products, services, etc.

The use of this technology has accelerated business processes, increased transparency, and saved billions of dollars for these companies.  Emaar also supports digital currencies as a large company.

With the advent of digital currencies such as Bitcoin, trading around the world has undergone big changes. Trading in Bitcoin and other digital currencies has increased in popularity among citizens of different countries in recent years.

The use of blockchain technology is recognized in various countries. Many large companies in the world allow their customers to use digital currencies to purchase their products and services. The use of digital currencies is very beneficial for companies. Because they can save money. This is also the case for customers.

Emaar has taken a big step towards recognizing digital currencies in the Middle East by making it possible for its customers to use cryptocurrencies. We will no doubt see in the future that many companies in the Middle East will use digital currencies and blockchain technology.

One of the most important reasons why reputable companies in different countries of the world use digital currencies are that they can benefit from significant tax exemptions. So, traditional trade exchanges require spending time and money.

But with Blockchain technology, customers can buy their service products from different companies and pay for them with digital currencies. Hence, the speed of commercial transactions will increase. These are the issues that keep many people investing their money digitally. 

Advantage of investing in digital currencies and tokens

Investing in digital currency and tokens requires a variety of studies and training. Without sufficient knowledge or advice from reputable companies and organizations, investing in various markets, including digital currencies, can lead to losses. Therefore, we recommend that if you want to enter the capital market, especially digital currencies, be sure to increase your information and knowledge in various fields of buying and selling digital currencies. Since the UAE government has also introduced cryptocurrency, we will surely see that many large companies in this country will also allow the use of digital currencies to buy their products and services.

We refuse to publish various information and tutorials on digital currency and tokens. To read these articles, you can refer to the blog section. We always try to put the latest and greatest news and training on digital currencies and other investment topics on our site. For this reason, we recommend that you read these news and educational articles and visit our site.