Islamic Coin is a digital currency that aims to provide a financial pathway for the Muslim community and non-Muslims as well. The gateway is designed to facilitate seamless transactions and interactions, while supporting innovation and philanthropy to the world. The idea behind Islamic Coin is to empower people to take control of their finances and to provide a secure and reliable payment system, that operates in strict accordance with Islamic principles and guidelines.
FEATURES
One of the key features of Islamic Coin is its compliancy with the ‘Shariah law’. This means that the cryptocurrency is designed to adhere to the principles of Islamic finance, which prohibits interest, gambling, and excessive uncertainty.
As such, Islamic Coin is intended to be a more ethical and responsible, form of currency that aligns with the values of the Muslim community.
In addition to its compliance with Shariah law, Islamic Coin aims to support philanthropy and social responsibility through its platform. The currency is intended to be used for charitable donations.
The Islamic Coin Foundation, which oversees the currency’s development, is committed to supporting a range of social and environmental causes.
In general, the aim of Islamic Coin is to provide a financial instrument that is accessible, secure, and compliant with Islamic teachings. By doing so, it hopes to empower the Muslim community and non-Muslims alike with a new form of digital currency that can support innovation, social responsibility, and financial inclusion. The Islamic Coin is built on the Haqq Network.
THE HAQQ NETWORK
Haqq is a blockchain network that issues Islamic Coin as its native cryptocurrency. It is devised to be fast, trusted, reliable, and compatible with a wide range of applications around the world.
Blockchain technology is a distributed ledger, that allows for the secure and transparent transfer of information and value without the need for intermediaries. Haqq leverages this technology, to create a decentralized platform for the issuance, transfer, and storage of Islamic Coin. This means that the network operates on a peer-to-peer basis, with transactions validated and recorded by a network of nodes rather than a central authority.
ADVANTAGES
One of the key advantages of the Haqq Network is its speed. The network is set to process transactions quickly and efficiently, making it ideal for use in a range of applications.
It also offers a high level of security, thanks to its use of advanced encryption and verification protocols. This makes it a trusted and reliable platform for the transfer and storage of value.
Another advantage of Haqq Network, is its compatibility with other blockchain networks and applications. It is designed to be interoperable with a wide range of systems, allowing for seamless integration with existing infrastructure and applications. This makes it a flexible and versatile platform that can support a range of use cases.
FINAL WORDS
In conclusion, Haqq Network is a blockchain network that provides a secure, fast, and reliable platform for the issuance and transfer of Islamic Coin. Its compatibility with a range of applications makes it a versatile platform with the potential to support a wide range of use cases in the digital economy.
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