Durise, a crowdfunding real estate company in the UAE, has announced that it is now accepting payment from investors in Bitcoin via its portal durise.com.

Durise founder and CEO Waleed Esbaitah said: “Although Bitcoin may seem revolutionary to traditional investors this has long been a region that is an early adopter of new technology and new trends.”

“Many of our investors like the idea of Durise because it is a tech-based investment and thus it follows that these same investors are already highly literate in all other areas of technology, including Bitcoin.

“It was a natural next step for us to accept and even encourage payment in Bitcoin as we do not want to deter young, tech-savvy investors by only accepting traditional payment methods. Equally, we wish to open the UAE real estate market for international investors who actively adopted Bitcoin as part of their investment currency,” he added.

Durise CEO Waleed Esbaitah said: “I believe that Bitcoin can become a standard means of payment both in real estate and other major investments.  Everyone knows how Bitcoin works so it’s not a crazy concept anymore, but a reality.”

“The same people who are attracted to new ways of doing business are also attracted to new ways of payment, which is  which is why Durise is the perfect option for young tech-savvy investors as well as experienced investors are forward thinking and can see the benefits to using technology to make business transactions easier and simpler in general.”

Investors will be able to sign up via durise.com, after going through the investment process; they will be given the option to invest using regular currencies, or by using bitcoins. In the future, Durise will allow investors to take part in their real estate investments even using commodities like oil and gold, a statement said. – TradeArabia News Service