Partnership Between Membrana blockchain platform and Adab Solutions: Exploring new markets.
The blockchain technology and cryptocurrencies are spreading wider every day, and it is not something unexpected that it reached Islamic countries.
And we are happy to announce our partnership with Adab Solution — First Islamic Crypto Exchange.
What do you know about Membrana?
Membrana Blockchain platform intends to bring investors and traders together and conclude mutually beneficial, blockchain-protected contracts, for the trust management of cryptocurrencies. Membrana provides investors and traders a transparent, decentralized, and secure system, which controls the process of concluding and executing a contract, up to the point when revenue is gained by both parties.
Membrana has successfully solved the problem of distrust between the investor and the trader by providing a new and unique algorithm, to conclude a transaction on the blockchain. For the purpose of transferring an investor’s exchange account to a trader in the trust management, an API key provided by the exchange is used. The API key is not transferred to the trader, but stored in a secure database on the Membrana Blockchain platform. The trader trades on an exchange via Membrana’s single trading terminal. The trader, therefore, does not have any access to the investor’s assets. All investors’ funds remain on their exchange accounts, and are not transferred to traders. Membrana also allows restrictions to be set at the contracting stage: stop loss, time period for trading with an API key, etc.
What makes Adab Solution so special?
Adab is still a cryptocurrency exchange, but the main important thing is that they are functioning in accordance with the principles of Islamic finance.
They solve the problem of aligning crypto assets with the high moral and cultural values of Islam by creating a global cryptocurrency platform for both Muslims and the world at large.
Adab Solutions makes it possible to perform cryptocurrency transactions in accordance with the principles of Islamic finance on the basis of Shariah norms and we are the first company that solves this problem.
Adab Solutions — will attract millions of users who have not previously invested in crypto assets and this will benefit the entire crypto-economy that will increase with new participants, who previously just watched its development from the sidelines.
How can this partnership benefit the world?
This partnership allows all Adab Solution customers use all of unique features of Membrana Blockchain platform, bringing trust management to Islamic countries. As you may know lending is prohibited by the laws of Shariat, so trust management is the great way to gain some profits for those people.
Also, this brings in lots of interested investors and traders to rapidly growing Membrana community, and this provides more business opportunities and possibilities to earn for all customers!
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