Digibyte Blockchain Foundation announced on twitter that it is partnering with its Gold sponsor UAE Based Zelaapay better known as ZpayAE. The partnership will entail spreading awarenss of its DGB cryptocurrency and the adoption of crypto Point of Sales through enterprise merchant deal and by debit Visa cards, around the UAE (United Arab Emirates)
Digibyte Foudation has developed the decentralized Proof of work Blockchain protocol Digibyte. Digibyte plans to place crypto POS Systems and Visa debit cards across the UAE. ZelaaPay (Zpae) is a UAE digital currency fintech startup that launched this year.
According to their website UAE Based , ZPAYae is focused upon changing the way Emiratis do transactions and manage their wealth. On their twitter page they described themselves as building a large Sharia compliant business in the UAE to support the blockchain phenomena. They claim to be partnering with royal offices and businesses to deploy a utility cryptocurrency in the GCC. They claim to be under the patronage of the UAE private office of H.H. Sheikh Hamdan Bin Ahmed Al Maktoum.
As per their website ZPAYae is a mobile centric decentralized crypto banking solution where you leverage the use of crypto point of sales and crypto centric debit cards and use that crypto to spend at merchants. The vision of ZPAYae is to deliver and deploy an entire ecosystem of products that enable people to earn, spend and transact crypto will only make the vision towards cryptocurrencies and make the blockchain more credible and trustworthy. As the website states, “ We simply will ask you to install our mobile wallet where you will be able to keep your ZPAYae digital token and then link it with your individual ZPAYae Debit Card, then whenever you want to buy or spend ZPAYae anywhere that accepts VISA – you can simply swipe with your card or tap it.”