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RE: EMCASH - Dubai Official Cryptocurrency
Official? Well I guess cryptocurrencies are the one which should be way more than just having a central authority. It may not work I guess
Official? Well I guess cryptocurrencies are the one which should be way more than just having a central authority. It may not work I guess
Yes It is official, and yeah having a central authority sometimes helps. We humans will always need some kind of central authority to manage the trust between us. Moreover blockchain doesn't restrict anyone to make a system with central authority. Escrow is the future fund transaction technology and it needs an arbiter to complete transaction, so that none of the parties get cheated.
Trust is everything my boy!