Founded by Mohammed Alsehli and Walid Messaoudi in February 2016, we are a multinational group of talented and diverse
professionals aiming to bring the next big thing in blockchain technology to the middle east and beyond.
Our team brings experience from Microsoft, Dell-EMC, Ericsson, and Oracle in addition to vertical business domain knowledge
in banking, telecommunications, healthcare and the public sector.
Together this puts us in an advantageous position to bring positive change through emerging technology to Dubai, one of the
most vibrant cities in the world and financial technology leader for the middle east.
ArabianChain is aiminging to revolutionize the way governments, businesses, and people interact with the economy, e-services,
and digital transformation.
Our goal is to lead the way in entrepreneurial thinking and innovation and to bring blockchain technology starting with Dubai and
reaching to the world.
ArabianChain Technology is an accepted company in Dubai's Digital Islamic Economy initiative with offices located at the Dubai
Technology Entrepreneurship Center (DTEC) by the Dubai Silicon Oasis Authority.
ArabianChain Technology
Dubai Technology Entrepreneur Center
Technohub 2, Dubai Silicon Oasis Authority
Dubai UAE
The Arab world is ripe for innovation, we believe the power of self-executing, secure, and globally accessible smart contracts
and decentralized Apps will play a strong role in the future of this economy.
OUR MISSION
Our mission is to bring business innovation through blockchain technology by empowering everyone to develop more secure,
decentralized and universally accessible applications and services.
DUBAICOIN-DBIX PROJECT
DubaiCoin began in February 2016 with the goal of making Bitcoin and other cryptocurrencies more accessible in the Arab world.
Since then we’ve launched our mobile Android wallet and Dubai Shop, our online marketplace.
This year, DubaiCoin we will go through another transformation that will culminate with the launch of our new cryptocurrency,
DubaiCoin-DBIX.
DBIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global
payments, along with fueling the Arabian Chain platform.
DubaiCoin-DBIX and all the services built around it are designed to shift everyday monetary activities into the future and apply
broad use case applications in how we live our lives and interact through smart contracts.
ARABIANCHAIN
Our public, decentralized and secure blockchain that allows for self-executing, and globally accessible smart contracts and
decentralized Apps to be developed, and for crypto currencies to be built, transacted, tracked and safeguarded over a network of
thousands of connected yet distributed devices.
THURAYA - SMART CONTRACTS BUILDING PLATFORM
The name comes from the Arabic word for the constellation of the Pleiades which is a cluster of connected stars with a lot of
stories to tell. Thuraya is our easy to use Smart Contracts building platform, along with google blockly based interface, Thuraya is
fun to experiment with for seasoned developers and novice ones alike.
OUR FOCUS AREAS FOR 2017:
ISLAMIC FINANCING/ISLAMIC BANKING
(Linked to to the Islamic Digital Economy initiative in Dubai)
The global Islamic banking assets is valued at more than US$1 trillion as of 2016. Aiming to bring this promising industry to the
Blockchain isn’t just an act of technology innovation but it’s an effort to revolutionize one of the growing areas in today’s new
emerging economy. We will be the first startup to attempt to completely shift some concepts in Islamic financing to be easily
attainable, transparent and self-executing smart contracts on our ArabianChain platform.
GOVERNMENT SERVICES
(Linked to Dubai’s 2020 vision for government documents on the blockchain)
The demand for high quality and speedy services calls for a change in the way we approach those services and the medium of
which we chose to provide them through. We believe we have the edge to transform these services and bring them a step closer
to the future.
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We are excited to announce the “DBIC to DBIX Swap” as well as bonuses for early swapping. DubaiCoin-DBIC
available supply is approximately 6M DBIC, see our old thread for more info:
OLD DBIC THREAD: [ANN] [DBIC] DubaiCoin-DBIC | PAYMENT GATEWAY DBIC-EX دبي كوين
We want the process to go smoothly for users so we strongly recommend reading the below details carefully.
The Swap Mechanism (as per Livecoin's guidelines)
As a pre-requisite go ahead and create an account over at https://www.livecoin.net.
- The Swap date is the 18th of March 2017, this is the last day where any DBIC deposits will be accepted at Livecoin.
- Livecoin will close deposits/withdrawals on March 18, 2017 for DBIC.
- Livecoin will communicate to ArabianChain’s team the exact amount of DBIC deposited.
- Livecoin will send all DBIC to a public wallet to be burnt.
- The ArabianChain team will send Livecoin all the required DBIX for the swap at rate of 10 DBIC = 1 DBIX.
- Livecoin will close trading for the old coin (DBIC) and cancel all open orders.
- Livecoin will perform the swap according to specified ratio.
- The community will receive DubaiCoin (DBIX) based on to their DBIC balance on Livecoin within 1 to 2 business days.
- Livecoin will open trading for DBIX.
- Livecoin will delete DBIC trading pair.
- Livecoin will test DBIX network, blockchain and nodes.
- Livecoin will open DBIX deposits/withdrawals.
- Swap complete.
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