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- HashCash will need to take care of Sharia Compliance for crypto regulations
- It has also been working on NFTs development
- It deploys a separate team that works on eradicating malicious entities
As per AIAurthority, HashCash, a company known for its potent blockchain development, has recently announced that it will be developing a crypto exchange for UAE based enterprise.
Force Behind PayBito now set to Build a new Crypto Exchange
HashCash is known for offering solutions Blockchain, AI, Big Data, and IoT through its platforms, products & services. HashCash also runs a US-based digital asset exchange, PayBito & Digital asset payment processor, BillBitcoins.
However, HashCash’s most recent venture is involving a UAE based company. The company is trusted worldwide for its secure, privacy-enabled, robust, and scalable products, and it is all set to build a new cryptocurrency exchange.
Evolving Technology Brings new Problems Says CEO, Raj Chowdhury
Raj Chowdhury, the CEO of HashCash Consultants, commented that they had delivered several such products that involve a cryptocurrency exchange in the past few years. However, the technology of cryptocurrency is evolving, which gives rise to many problems.
Very recently, HashCash has also been working on NFTs development and CBDC consultancy. The increasing hype of cryptocurrency is benefitting the company because of rising demands for designing crypto exchanges and so on.
Attacks on cryptocurrency exchanges have made HashCash deploy a separate team that eradicates such malicious threats and harmful entities. Moreover, while building the crypto exchange for a UAE based enterprise, the company needs to take care of the crypto regulations prevailing in the society.
However, the CEO is confident that they will overcome all such difficulties to deliver a quality product. According to him, these products and services are pivotal to their growth.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
