UAE Based e-Mal Ethereum Blockchain startup raises 185 million USD from Token Sale

E-mal based in Dubai UAE, is an Ethereum based blockchain startup that intends to revolutionize digital wallets in the UAE. According to a piece written on  e-Mal website in October 2018, e-Mal wants to decentralize payments using e-Mal Digital wallet and smart contracts utilizing Ethereum Blockchain technology. The e-Mal ecosystem is 100% decentralized peer to peer ecosystem.  They view themselves as  synergy and a bridge between blockchain and the non-blockchain world. The ecosystem connects multiple payment portals and merchants from various segments enhancing their transactional experience

E-mal services include E-Mal Financial Hub where users can access salary cards, smart loans, smart savings and transfer instantly, e-Mal utility Hub where users can pay utility bills, etc.. and e-Mal information hub provides the users with news and updates that they can use, trust and share amongst family and friends, as well as other services.

According to e-Mal website they consider themselves as dedicated to aligning Fintech, digital currencies within UAE landscape.  The e-Mal token sale closed with EML tokens sold worth 185 million USD achieving their hard cap as stated on their website this month.