Pundi-X partners with Dubai to provide crypto payments for residents

Dubai is partnering with Pundi-X to provide Cryptocurrency Payments for their citizens. The state-backed cryptocurrency that will be used is called emCash and will be issued by the credit bureau of Dubai and Pundi-X will be providing a POS device for exclusive use of emCash. I think the state-backed cryptocurrency will be run on Pundi-X blockchain technology and therefore may require NPXS for transactions on the chain but I cannot confirm this. But this has been Pundi-X’s goal all along, to bring blockchain for everyday payments use and Dubai is a great start for them. Dubai has many other blockchain projects in place and is positioning itself to be a central hub of blockchain technology for the future.

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