Bitcoin arabic
The safeguarding of your recovery key will be managed by an independent legal firm. Unlike other digital asset wallets, BitOasis does not require you to print and secure the Recovery key.
We understand that this can be cumbersome and is prone to loss or theft. Instead, an independent legal firm will manage the protection of the Recovery key.
In case of an emergency or any service compromise, the lawyer will oversee the process of returning all digital assets to owners. You can start to send and receive digital assets in minutes. All you need is your email and mobile phone number.
We use advanced Multi-Signature technology to protect your assets adding an extra layer of security. We call you to confirm any high risk or large transactions before we move any of your digital assets.
All your funds and transactions are posted directly on the blockchain, where you can easily verify your holdings. We work closely with a highly reputable legal council to ensure stable operations and regulatory compliance.
BitOasis plans to be the first digital assets company in MENA to be registered in a major technology center in the region. Buying and using digital assets is now easier and faster than any time before With BitOasis you can now easily buy digital assets in AED. BitOasis multisignature wallet security Your digital assets are protected with three independent keys providing you with the highest level of security.
See more Signing a transaction with this key is not enough to spend your digital assets. Independent Security Key Your second key is stored securely by BitGo, who will also perform necessary security and fraud prevention checks.
See more As a co-signer, BitGo receives your transaction signed by BitOasis and performs the necessary security and fraud checks to protect your holdings and counter-signs with the second key. Recovery Key Your third key is used to recover your funds in case of a service compromise.
Known as the technology backbone of Bitcoin and other digital currencies, a blockchain is a digital ledger that provides decentralised, encrypted systems of record keeping and transaction processing.
By opening up its blockchain coding, ArabianChain is inviting software developers in the Arabian Peninsula, North Africa and beyond to collaborate on building money-and-time-saving applications for industries ranging from financial services to real estate, healthcare and logistics.
In addition to the blockchain, ArabianChain has created what could be the Middle East's first digital currency. Our goal is to lead the way in entrepreneurial thinking by bringing blockchain technology to the Arab world. The decentralised nature of blockchain allows parties to cut expenses by conducting business online without a middleman or trusted intermediary. It also promises to improve data security and further reduce costs by eliminating the need to build and maintain large, centralized databases that have been prone to hacking.
Practical applications include saving foreign workers millions of dollars a year by reducing the cost of remitting funds to their homelands, and helping governments to store and administer land titles and medical records more efficiently.
Some farsighted banks in the Middle East are already exploring how blockchain might transform their approaches to trading and settling. International Business Machines said last month it was joining forces with the government of Dubai to develop a blockchain-based system for managing trade finance and logistics related to the import and re-export process of goods in and out of the city. ArabianChain is an active participant in Dubai's Digital Islamic Economy initiative and is recognised under the Dubai Silicon Oasis Authority, a local business promotion agency, said Alsehli, who studied software engineering at King Fahd University of Petroleum and Minerals in Saudi Arabia, and previously worked in banking and computer services.
No other city has promised that.