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Explaining Cryptocurrency's Ransomware Problem (USA) Introduction A hacker gains access to a company's computer system and encrypts its data, effectively halting operations. The data is then held captive by the hacker until a ransom is paid. If the demand is for Bitcoin or another cryptocurrency, the victim must open a cryptocurrency…
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Bitcoin & Altcoin Mining What is Bitcoin Mining? Bitcoin mining is the technique of digitally adding transaction data to the blockchain, which would be a publicly distributed database that contains the background of every bitcoin transaction. Mining is a record-keeping procedure that utilizes massive processing power. Each Bitcoin miner across…
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E Gaming and its Overarching Legality in the UAE The term "e-Gaming" refers to the entire computer gaming market, which includes everything from video game consoles to PC and smartphone games, as well as internet entertainment platforms and the eSports industry. Likewise, first-person shooter (FPS), multiplayer online battle arena (MOBA),…
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Brief Overview of Non-Fungible Tokens (NFTs) Introduction Blockchain technology has been growing immensely over the past decade. This explosion urges us to delve deep into the different available options with regards to crypto investment. NFTs are a fairly nascent concept but are rapidly growing therefore, it is imperative for us…
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Smart Contracts and Blockchains Smart Contracts, the anchored scripts on blockchains, permit the transparent execution of predefined processes. Using smart contracts, assets like money become programmable, which opens up previously inaccessible application potential. Smart contracts are exceptionally effective and control billions in value. Popular now, however, invented in 1994, when…
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Establishing Policies for Blockchain Technology Introduction Blockchain can be considered as a breakaway technology and is currently a hot topic that has been the subject of numerous studies across various industries. Blockchain is briefly defined as a shared ledger database that records and shares every transaction that occurs in the…
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Regulations for Issuing and Offering Crypto-Assets in UAE (ICARs) Introduction Over the past decade, the financial technology market has evolved substantially. With the introduction of cryptocurrencies, policymaker and framers of legislations find the need to implement legislation that will help regulate this growing market. Since cryptocurrencies operate beyond the banking…
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Crypto Asset Exchange – Bahrain Introduction Cryptocurrencies gained traction all across the world since its inception, considering this growth in popularity and use, industry experts, praise its potential. This digital currency went from being a mere concept to virtual reality. In the Gulf Region, Bahrain and Abu Dhabi are a…
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Cryptocurrency and Asset Exchange in the Abu Dhabi Global Market Currency is defined as something, more often than not paper and coins, that act as a medium of exchange for goods and services. This practice of trade has been a constant for humankind throughout its various ages, occurring in multiple…
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عملة الكريبتو الرقمية - فقاعة سحرية أو مستقبل العملة؟ كانت الضوضاء والوسائط المحيطة بمفهوم عملة الكريبتو تزيد من الفضول بسرعة. قبل أن يقتل الفضول القط ، دعنا نتجول في قصة عملة الكريبتو. عملة الكريبتوهي عملة إبداعية و افتراضية تستخدم التشفير للأمن و هذا الأمر من الصعب تزييفه. وصف مميزات عملة…
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في هذه المقالة المثيرة للاهتمام ، يشكك صوربي في المكانة القانونية لعملة كريبتو بيتكوين الالكترونية والتحديات التي تواجهها لكل من المؤسسات المالية والهيئات التنظيمية ككل تاريخياً ، كان التمويل دائماً ذا طابع دولي. رأس المال نادرا ما كان متنقلا. انتقلت الأموال بحرية عبر الحدود إلى جميع الحضارات ، حيث كان…
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