One of the requirements of the blockchain to change a chain lock is that this decision is validated by the majority of decision-making power. Nothing could be more democratic, one would say. That's why it was initially seen as a system without masters where everyone can participate, in theory. Many Italians doubt whether technologies including cryptocurrencies, smart contracts, etc. are secure or not.
Private Office of His Highness Sheikh Hamdan Bin Ahmed Al Maktoum announces the future launch of their cryptocurrency – Hamdan Token
Mr Ahmad Aljariri, CEO of The Private Office of His Highness Sheikh Hamdan Bin Ahmed Al Maktoum, member of the royal family of Dubai (UAE), has announced the launch of the new era cryptocurrency – Hamdan Token.
It will be an innovative and revolutionary step towards investing in robotics and artificial intelligence based on ERC 20 technology, thereby paving the way for the citizens of the UAE and GCC to make profits from the endeavor. The Hamdan Token will be comprised of unique qualities and will be used as Payment Mode, Artificial Intelligence & Investment.
One of the main objectives of this project is to integrate the unbanked population into conventional finance, taking advantage of new technologies, especially the Blockchain.
This offers the possibility of decentralized finance (DeFi: Decentralized Finance), and even more so if you take into account the mass adoption of mobile money in Kenya.
This scenario is beneficial for both those who have banks and those who do not. Features such as convenience, speed and low transaction fees also attract more and more, those that are banked.
On the other hand, it is known that despite the numerous potential benefits of Blockchain technologies for the developing world, sub-Saharan Africa still lags in the adoption of cryptocurrencies. But if this progresses, stable currencies could provide distressed communities with access to capital, liquidity and the gateway to global markets.