Arabic Cash is the world's first decentralized financial instrument that works on the principle of loans and deposits, backed by Arab capital. It aims to attract new investments in the digital economy development of the Emirates. In support of the Blockchain Emirates 2021 strategy, in March 2021, the community of Arab developers announced the creation of DeFi project that allows faster and more profitable investment in the Arab World thanks to innovative blockchain-based smart contracts. This project was named Arabic Cash.
On the technical side, the DeFi project Arabic Cash is based on the most advanced crypto technology of 2021 - Binance Smart Chain of the BEP20 protocol in the Solidity programming language. This provides the ABIC token with the most reliable protection, the highest transaction speed and the lowest fees for it. This allows investors to be calm about their assets in any quantity, and also promises them a guaranteed profit of 35.6% per annum for keeping tokens in the liquidity pool.
In terms of concept, Arabic Cash aims to develop e-commerce for the entire Arab World, which is the most promising and ambitious vision for the entire region and even the planet for the coming decades. The United Arab Emirates has taken a direct course towards building the strongest core of the crypto industry in the world. Blockchain Strategy 2021 already operates here, as well as Crypto Valley. Since the technology of decentralized finance does not depend on the intervention of traditional regulators, Arabic Cash can become a powerful auxiliary tool for the implementation of the Emirates Crypto Strategy.
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