Today I will be elaborating on a very new project, a new platform with huge potential, something extraordinary deemed to change or make reforms in the blockchain.
Blockchain is gaining momentum in today’s world and despite all the benefit of the blockchain, there are shortcomings. The current blockchain network comes with big computational overhead and low finality, network architectures cannot handle billions of interactions that IoT device makes every day, Issues of a low amount of transactions at a time and expensive transfer cost. The current blockchain has been plagued by all these issues and massively requires a reform Hence, ADAB EXCHANGE designed to address all these shortcomings effectively, its solution offers highly scalable features to organize information received on its network.
Bitcoin has been called “digital gold,” and for a good analysis. To date, the total value of the currency is close to $112 billion US. And blockchains can make other kinds of digital value. Like the internet (or your car), you don’t need to comprehend how the blockchain works to use it. However, having a basic knowledge of these new technology explains why it’s considered revolutionary. So, I hope you enjoy this before proceeding.
Just as blockchain technology exhibits great promise for the financial services industry in general, it could also significantly improve processes within the Islamic Cryptocurrency Exchange. In this first article, I will be introducing Islamic finance and discussing several potential use cases for blockchain (which many within financial services prefer to call decentralized ledger technology) within the Islamic finance industry.
ABOUT ADAB SOLUTIONS
The ADAB Solutions project is developing the FICE — First Islamic Crypto Exchange, based on the Shariah norms. The idea of the ADAB Solutions project is the creation of a cryptocurrency platform, exchange, and services that comply with the norms of the Sharia and operate on the principles of Islam. ADAB Solutions will create services based on the high moral and cultural values of Islam and will provide access to all users of crypto-economics.
The principles and values of the project coincide with the principles on which Islamic finance is based and are based on the measures of the Sharia. The Islamic economic model today is one of the most dynamic areas of the modern economy, which is actively moving beyond
OBJECTIVES AND MISSION OF THE PROJECT
We 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
PRINCIPLES AND VALUES OF THE PROJECT
For the prime time in the cryptocurrency market, ADAB SOLUTIONS will implement the Shariah Advisory Board within its structure creating a reliable platform for launching halal projects
SOLVING THE MAIN PROBLEMS
Ethical uncertainty of Muslims concerning the admissibility of work on the crypto market leads to distancing, and as a result to non-involvement of the Muslim community in the technologically innovative financial sector, ADAB Solutions will solve this problem
THE UNIQUENESS OF ADAB SOLUTIONS
The first exchange compliant with the norms of IslamToday, there is no one cryptocurrency exchange, that would guarantee the activity based on the principals of Shariah. Adab Solutions will be the first project that will enable cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms.
The Shariah Advisory Board, acting on an ongoing basis, will conduct an in-depth and systematic study of the cryptocurrency market and its elements for compliance with Shariah law. Intended for a huge audienceIslamic Ummah covers more than 120 countries in Europe, Western, Central, South and South-East Asia and North Africa.
In 35 of these Muslims are in the preponderance of the population. In 28 countries, including Egypt, Saudi Arabia, Morocco, Kuwait, Iran, Pakistan, and others, Islam is a state doctrine. Forming a new market system. The project utilizes to crypto-economy values based on the norms of the Shariah and the principles of Islamic finance.
These values will become the foundation for self-regulation of the crypto market and will increase the level of confidence in key cryptocurrency instruments. Project design and safety. The project is built on the highest security standards and unique technical software solutions in conjunction with safe and reliable jurisdictions.
WHY PARTICIPATE IN THE PROJECT AND BUY TOKENS?
The first Islamic crypto platform. 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. Development of brand-new markets.
Adab Solutions — will draw 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. The lowest price for ICO. The initially issued number of tokens is the greatest and the final. Further, the number of tokens will decrease, and the price will rise. The high potential of growth of the value of the token.
The expected increase in the client base and the volume of transactions on FICE is the direct driver of the price of the ADAB token, the only cryptocurrency, which can be used to pay for commission and services within the project. Benefaction to the development of the Islamic financial system. By purchasing ADAB tokens now and engaging in a project designed for a large community, you not only share with us the benefits of entering the new fast-growing market of Islamic crypto-economics but also contribute to the development of a new area of application of the Islamic financial system.
ENSURING COMPLIANCE WITH THE PRINCIPLES OF ISLAMIC FINANCE
Islamic Management ModelADAB Solutions will be managed in accordance with the requirements of the Islamic system of corporate governance developed on the basis of the standards of AAOIFI and IFSB.
Shariah Advisory board compliance with the norms of Islam in FICE activities will be provided by an independent body comprising authoritative experts in the field of Islamic law and finance and specialists in the field of the cryptocurrency market. Charitable Foundation ADAB CharityQuarterly, 5% of net income and 2.5% of the annual net profit of the project will form the basis of the Adab Charity fund and everyone can contribute to this fund. Independent certificationAdab Solutions will pass an independent certification of all regulatory and legal documents and procedures. Annual auditAdab Solutions will carry out the annual audit for compliance with the principles of Islamic finance by independent and reputable companies.
Details of ICO
ADAB sign name
Total number of tokens — 500,000,000
The token price is 0.1 USD
Payment method — BTC, ETH
Soft Cap — 2,500,000 $
Hard Cap -17.290.000 $
Start — 25.07.2018 years
Finally on 15.11.2018
Minimum sales volume — 1000 ADAB
Founder and CEO of Turzhan East
Founder and COO Rustam Turzhan Co
Deputy CEO of Maxat Salpyn in Islamic Finance
Aleksander Mamasidikov CMO
For more information about ADAB, visit this link:
official website: http://adabsolutions.com/
Facebook page: https://www.facebook.com/adabsolutions
Twitter: https: // twitter.com/AdabSolutions
Telegram channel: https://t.me/adabannouncement
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5