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Why cryptocurrency is the future of electronic cash systems

... to balance a budget. **Cryptocurrencies as the future of electronic cash can solve this by making transaction completion times instantaneous in most cases.** By getting rid of the “pending” problem, senders and receivers will be able to make financial transactions, and commerce in general, much more efficient. Most importantly, if a cryptocurrency payment isn’t instantaneous, it’s quit...

Path: Blog
Bitcoin and cryptocurrency litigation

...lic from scams and fraudulent activities. Investors themselves must also take necessary precautions before investing in cryptocurrency. For starters, investors should research the concept of the blockchain, which serves as the facilitator for the financial transactions involving cryptocurrency. Transactions could revolve around financial contracts, real estate deeds, personal identification, ba...

Path: Blog
Dubai International Financial Center is planning to launch the world's first blockchain court

...ency, DLT technology is not restricted to it. Tech community is now finding out other potential uses for this technology. It has huge potential to be employed for a range of other purposes, from financial services – for instance, the settlement of financial transactions – to cross-border trades, public management, and even elections. Amna Al Owais, Chief Executive & Registrar, DIFC Courts, ...

Path: Blog
Bitcoin and its possible impact on insurance

...ices are being discovered and used every day. Technology has made the world smaller in a good way; we are now able to talk to family and friends from across the globe without having to spend too much money or wait too long for a reply. International financial transactions have also become more straightforward and hassle-free. One of the significant technological strides in the financial sector ...

Path: Blog
Cryptocurrency: what are your options?

...lic from scams and fraudulent activities. Investors themselves must also take necessary precautions before investing in cryptocurrency. For starters, investors should research the concept of the blockchain, which serves as the facilitator for the financial transactions involving cryptocurrency. Transactions could revolve around financial contracts, real estate deeds, personal identification, ba...

Path: Blog
Netherlands Limited Liability Company (LLC) Formation

The Netherlands Limited Liability Company Besloten Vennootschap (BV) is advantageously used by holding and financial companies for tax exemption purposes and structuring international financial transactions.Incorporation: ~ 1 week + delivery time for the courier Minimum paid up capital: No minimum capital requirement   Overview The Kingdom of Netherlands, commonly c...

Path: Companies
RAK ICC or Ajman Offshore Company Formation

... Bank account opening: Clients are required to come to Dubai for a personal visit with the Banks; There are different minimum deposit requirements depending on the bank; Additional documents such as business plan, supporting documents of financial transactions may be required. Incorporation Application for reservation of company name; Preparation and submission of the applicat...

Path: Companies
Fiji Foreign Exchange Dealer License

... RBF Bank account in Fiji The bank account can be opened remotely, no need for a personal visit There are different minimum deposit requirements depending on the bank Additional documents such as business plan, supporting documents of financial transactions may be required * Direct fees of the bank, such as account opening fee, credit card fees and others are payable to the Ban...

Path: Licensing