Our Vision Is To Make Dubai The Happiest City On Earth

Start : 07th Aug 2019 - End : 07th Dec 2019

A blockchain is a distributed ledger that can record transactions or any other information in continuously growing blocks. Through using a cryptographic hash, these blocks, when created, would be immutable, It means that once any information is recorded in the system, they can never be deleted or changed. It makes blockchain a great solution in any situation where recording data needs to be traceable, transparent and performed by untrusted members of a network. 

The blockchain technology has made it possible for a digital and decentralized currency to become operational. Far more than being just an underlying technology of a cryptocurrency, blockchain technology is going to be as revolutionary as the historical inventions such as steam or combustion engine. This technology can revolutionize the digital world; using the ???distributed consensus??? feature for each old or new online transaction, it can process transactions that allow digital assets to be identified in the future. And this is all possible without any risk against one???s privacy, in a secure environment for the digital assets in all sides of the transaction. 

Due to the requirement of a trusted third party, online financial transactions have become the monopoly of a few corporations, leading to an unnecessary increase in transactions fees. 

Using cryptography, digital signatures, and subsequent verification by other participants (known as miners) in the network, blockchain does not rely on any central node or third party in a transaction process. Every transaction is secured by a digital signature. Each transaction is digitally signed by the sender???s private key before being sent to the receiver???s public key. In order to be able to spend any amount of money, the owner of the money needs to prove that they own the private key. By using the public key of the sender, a miner identifies the digital signature (ownership of the private key) and if correct, confirms it (the miner runs some other checks and marks the transaction as valid).

Details

Token : DXB
Platform : Ethereum
Type : Utility
Tokens for sale : 450,000,000
Country : United Arab Emirates
Whitelist/KYC : KYC
Accepting : ETH
Soft Cap : 2,000,000 USD
Hard Cap : 50,000,000 USD
Distributed in ICO : 45%

Project Team :

Wesam Lootar
Wesam Lootar

CEO, SMART DUBAI INITIATIVE

Aisha Bin Bishr
Aisha Bin Bishr

DIRECTOR GENERAL, SMART DUBAI INITIATIVE

Nara El-Haddadi
Nara El-Haddadi

HEAD OF STRATEGY & MARKETING

Mark Cheung
Mark Cheung

PROJECT MANAGER

Anton Gassolo
Anton Gassolo

CHIEF BLOCKCHAIN DEVELOPER, SCIENTIST

Lucas Weiner
Lucas Weiner

CHIEF AI AND MACHINE LEARNING EXPERT

Advisors:

Wei Zhou
Wei Zhou

CHIEF FINANCIAL OFFICER (CFO) OF BINANCE

Giancarlo Devasini
Giancarlo Devasini

SERVING CFO OF BITFINEX

Alain Falys
Alain Falys

Co-founder and Chairman of Yoyo Wallet (UK)

Thomas Kern
Thomas Kern

Board Member, Swiss ICT Investor Club

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