How cryptocurrency Play an Important Role in Dubai Real Estate? PowerPoint PPT Presentation

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Title: How cryptocurrency Play an Important Role in Dubai Real Estate?


1
How cryptocurrency Play an Important Role in
Dubai Real Estate?
  • Binayah Real Estate

2
Cryptocurrency
  • Cryptocurrency has been successfully bringing
    disruption in the financial market, therefore,
    the next logical step for crypto to take over the
    real estate sector.
  • Given the persistence of uncertainty due to the
    global pandemic, however, cryptocurrency could
    play a significant role.
  • But the question remains in most of the
    investors, and consumers that how this all works
    and what about the regulations?

3
Cryptocurrency
  • Cryptocurrencies like Bitcoin have gained a lot
    of popularity and endorsed by many people.
    Besides being very practical, the currency is
    very easy to use and provides a lot of
    flexibility.  
  • Dubai has become the first real estate market all
    across the world to accept Bitcoins and other
    types of cryptos, things are looking good.
  • This move will further advantage build up the
    confidence of investors who will be in a position
    to make the payments effectively, conveniently,
    and securely.

4
Dubai Real Estate with Bitcoin
  • Despite having many fluctuations in recent times
    however the value of Bitcoin is so much higher in
    terms of Fiat money. Cryptocurrencies have a lot
    to offer in terms of the real estate sector.

5
Dubai Real Estate with Bitcoin
  • Apart from smart contracts and the clarity of
    ownership, the use of blockchain plays a
    significant role in cryptocurrencies in Dubai
    real estate that would further transform the
    economy by infusing it with modern elements.
  • Furthermore, digital transactions powered by the
    technology of blockchain have been more safe and
    sound, and innovative which will further save
    time and do not have any complicated paperwork
    procedures.
  • Therefore, real estate developers in Dubai have
    drawn towards cryptocurrencies owing to the ease
    with which the transactions can be done.

6
Dubai Real Estate with Bitcoin
  • One main problem that most investors face is the
    negative perceptions related to cryptocurrencies.
    This is more to do with the lack of awareness and
    having a traditional mindset. On the contrary,
    with the slow and gradual normalcy and a number
    of inherent benefits the investors are now
    willing to take the plunge. As governments and
    other local agencies are backing the
    cryptocurrencies therefore it presents a unique
    opportunity to explore something new.

7
Dubai Real Estate with Bitcoin
  • One main problem that most investors face is the
    negative perceptions related to cryptocurrencies.
    This is more to do with the lack of awareness and
    having a traditional mindset. On the contrary,
    with the slow and gradual normalcy and a number
    of inherent benefits the investors are now
    willing to take the plunge. As governments and
    other local agencies are backing the
    cryptocurrencies therefore it presents a unique
    opportunity to explore something new.

8
Why should one buy Dubai real estate with Bitcoin?
  • Cryptocurrencies is still a new concept for many
    people and the question arises in many peoples
    head why one should buy a real estate property
    with a bitcoin. Here are some of the main reason
    why should go for crypto or a bitcoin while
    purchasing a property in Dubai.
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