Officials speak to the media at the event in Dubai.
Staff Reporter, Gulf Today
Bitcoin, other cryptocurrencies and NFTS are more trusted than stocks to give investors better returns in 2022, reveals a global survey.
The poll taken by almost 6,000 individuals on LinkedIn – and tracked by more than 146,600 – since the beginning of the new year finds that 30% of respondents believe that ‘another cryptocurrency’ (other than Bitcoin) will yield the best results; 25% say Bitcoin and NFTs (non-fungible tokens); and 20% believe stocks will outperform the others.
Bitcoin and other digital currencies are widely regarded as a shield against inflation mainly because of its limited supply, which is not influenced by its price.
With the growing popularity of Bitcoin and cryptocurrency around the world Leading business group launches new cryptocurrency Dhanu and Digital Exchange Dhanu X, linked to Blockchain technology in Dubai, meeting local legal requirements.
The master brains behind the same, Brijesh Sharma and Sachin Kumar, founding members of the company claim that Dhanu X and its tokens have received a very good response in the UAE. Money transactions now show more tendency to become corrupt, and hence the usage of digital currency is becoming more common. Governments and the business community of Pakistan, India and other Asian countries have to adopt blockchain technology, and Dhanu is the first currency that you can easily exchange in rupees.
The digital currency launch mega event was attended by people associated with digital currency and a large number of business personalities.
Speaking on the occasion, other speakers, including the founders of the new cryptocurrency, said that the requirements of modern times have to be adopted for development. Digital currency is the need of time. The world is shifting towards digital currency. Big countries are now digitalizing their banking systems. It is already high time that we must step on to this revolutionary change Leading UAE business and political and social figures welcomed the launch of the new currency and wished all success to the founders.