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Decentralized applications based on blockchain they gradually improve the way the world thinks about economics and management. Emirex wants to become one of the leaders in tokenizacji assets in the Middle East.
tokenization, at its simplest level, refers to the art of creating digital tokens that represent units of a real negotiable asset.
Blockchain based tokenization of goods essentially provides fractional ownership of such assets to increase transparency, promote greater liquidity, and facilitate faster and cheaper transfer of such goods through a decentralized network.
You can read what tokenization is here
The Middle East has always been the focal point of world trade that has cut the trade routes between East and West. From Aleppo to Xi'an, the Middle East facilitated the trade in goods such as porcelain, silk, spices, horses, gold, salt, and textiles. Archaeologists estimate that the trade route is 4000 years old.
Nowadays, blockchain technology, through the tokenization it offers, accelerates the evolution of trade in goods around the world. Not surprisingly, Middle Eastern countries, led by the United Arab Emirates, are actively exploring how to use blockchain to bring goods trading to the digital economy.
Emirex
In line with the strategic position of the Middle East on the global commodity trading market, Emirex created tokenization platform primarily for the issuance of tokenized assets, with particular emphasis on goods.
Emirex is not an ordinary startup, previously acted as a crypto currency exchange under the name Bitcoin Middle East Exchange. The company is headquartered in Dubai and is officially registered in Estonia, so it has all rights and licenses to operate in the countries of the European Union.
Also check: Estonia leads the market in blockchain-based technologies
Emirex is convinced that all of today's traditional assets will be stokenized and traded in a peer-to-peer (P2P, person to person) communication model. Emirex tokenizes successfully debentures corporate and equities.
The platform is on track to become a digital commodity market that will serve as an alternative investment platform through which people will be able to trade assets in the $ 20 billion worth of goods annually.
In addition to trading real physical goods, such as precious metals and oil, they will also facilitate tokenization and trading of equity and debt instruments of commodity companies.
Emirex has already conducted pilot projects for tokenized corporate bonds for a mining project in West Africa.
The company also cooperated with publicly listed companies producing precious and industrial metals in developing the concept of tokenization of their physical assets.
The outlook for the stock market looks optimistic, has a large community and regular customers.
Emirex IEO
Initial Exchange Offering is currently underway.
The team plans to raise at least USD 5 million for further development.
For participants there is a special attractive competition for $ 200. The competition lasts only until December 000.
More details below link.
In my opinion, it is worth looking at this project. token Emirex (EMRX) currently I am in 265 place in cryptocurrency ranking with a market cap of just over $ 11 million. The price for one token is $ 0,45. The token was only listed in September this year, the price has so far increased by as much as 1000% ...
