Who & What is ArabianChain Technology?

Arabianchain is the first public, decentralized and consensus-driven blockchain in the Middle East/ North Africa (MENA) region

Their blockchain technology allows for self-executing and globally accessible smart contracts and decentralized Apps to be developed, and for digital tokens (DubaiCoin DBIX) to be transacted, tracked and safeguarded over a network of thousands of connected yet distributed devices.

Created by CEO Mohammed ALSEHLI and his team was founded in Feb 2016 and their goal is to revolutionize the way governments, businesses and individuals perceive and deal with economy by leading the way in entrepreneurial thinking and innovation in blockchain technology.

What's promising about ArabianChain Technology is their EcoSystem of Products -

Dubai Coin (DBIX)

Dubai Coin (DBIX) is ran on the ArabianChain and is the fuel for the Ecosystem and is the first minable digital currency in the region.

It currently trades at $22 as of January, it was around $6 late December.

This could be because of new buzz of their road-map, low market cap, and limited supply of less than 2 millions.

They have also released their own currency exchange, Palmex Exchange.

Palmex Exchange

Palmex Exchange is a product of ArabianChain Technology and is the first professional digital assets exchange in the Middle East/North Africa.

They offers advance trading tools, multiple cryptocurrency pairs, rigorous security measures and low trading fees.

Once you have your DubaiCoin (DBIX) you can now store it in their Galaxy DBIX Wallet

Galaxy DBIX Wallet

The Galaxy DBIX Wallet is the easiest way to store and transact DBIX and tokens on Arabianchain and runs in unison with the ArabianChain Technology Ecosystem

DBIX Scan

DBIX scan is an light-weight explorer where you can see the transactions that are posted and verified on the ArabianChain Blockchain technology.

Future Plans & Roadmap

In the first quarter of 2018 ArabianChain Technology plans to release wallets for both iOS, Android, and Desktop platforms.

First week of January their has been some buzz on Twitter about DubaiCoin. Fans (me included) are feeling optimistic about the future projects.

Working With The City of Dubai

The city of Dubai chose ArabianChain to help move all of Dubai’s government paperwork onto the blockchain, so it doesn’t need lawyers and government departments for verification.

DubaiCoin (DBIX) is trading at $22.86 USD
0.00169423 BTC as of 1/11/2018

Market Cap - $42,287,572 USD
3,134 BTC

24Hr Volume - $2,480,800 USD
183.83 BTC

Circulating Supply - 1,849,526 DBIX

With current streamline of products that go in sync with the Ecosystem – DubaiCoin, Palmex, Galaxy DBIX Wallet, DBIX Scan.

Inducing a promising future roadmap, with new products; working with the government and future plans to establish the first Islamic Banking products focusing on consumer loans running on the Arabianchain network.

With all this said DubaiCoin looks like a great coin to consider in 2018 and into 2019.