The UAE and Saudi Arabia have created a single digital currency

Countries in the Middle East injected a single digital currency for more efficient financial calculations.

ОАЕ і Саудівська Аравія створили єдину цифрову валюту

Saudi Arabia and the United Arab Emirates run the single digital currency “Aber”. About the decision on Wednesday announced the Central Bank of the Emirates (UAECB) and the Monetary authority of Saudi Arabia (SAMA), according to Gulf Business, informs Rus.Media.

The currency you plan to use for all types of financial payments between countries.

Banks in these countries are convinced of the benefits of the project including at the international level, and in the initial stages, in the first place will pay attention to the technical side of implementation. Each state will have a certain number of banks, which will limit the use of currency.

We will remind, recently the mining of cryptanalytic was 10 years old. A mysterious person named Satoshi Nakamoto received the first unit of the chain is the first in the history of cryptanalytic January 3, 2009. So 10 years ago earned a first blockchain the Bitcoin network.

Bdon was little known until 2013, when its value exceeded $ 1,000. However this benefit was short-lived, since its value through time fell by 80%. Then at the end of 2017, the cryptocurrency has again increased to 18 thousand dollars per coin. However by the end of 2018, the cost bdoo fell again and now is estimated in 3800 dollars apiece.

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