Qintar Capital Switzerland and ISL-Blockchain Sàrl, two Swiss companies specializing in Islamic Finance, announce the upcoming launch of Qintar-the world’s first Sharia-compliant token. This token is based on Islamic Blockchain [ISL]. Qintar will be officially launched on April 12, 2019.
Introducing Qintar-the Global Crypto Ecosystem
Qintar is a Geneva-based but globally focused cryptocurrency ecosystem which is the first truly sharia-compliant token which is independent of the banking system and other financial institutions.
As a first of its kind token that enables the trading of cryptocurrencies-the platform leverages the latest in blockchain technologies to trade in the most effective way.
With full transparency as well as ISL secured and speedy technology users can buy and sell tokens without intermediaries – in short, you are in control of your trades.
With an increase in online fraud, security is taken seriously.
Qintar Makes Waves with the Innovative ISL Blockchain
The experienced team has been busy expanding the app and is using the ISL blockchain for this purpose.
Initiated in 2018, the ISL blockchain project was launched to change the way that cryptocurrencies are designed and the developed-the goal is to provide a blockchain environment that integrates the needs of users, systems and the markets.
The ISL blockchain is a coming together of innovation and new ideas-combining the best of tech engineering practices with the latest in design strategy the decentralized ISL network links the user with the Qintar.
The True P2P Network
With Qintar it is only the traders that control their transactions, data, and strategy without third party interference!
Every transaction is digitally signed and timestamped – this allows the token holders to trace every transaction, safe in the knowledge that the ISL blockchain’s audit quality is working for them.
Once initiated the transaction cannot be canceled or frozen-forgery is eliminated and allows traders to accept as many international transactions as they wish!
The Qintar platform ensures the following:
- Innovation: Ideal for entrepreneurs, the Qintar currency encourages and inspires innovation for finding viable fiscal solutions. The ISL blockchain is also considering coded currencies open source allowing the model to be developed for future services and products.
- Sharia Compliant Token: It is based on Islamic Blockchain [ISL]–a private blockchain that has received a Fatwa from several Islamic scholars and researchers which can only be bought through a direct transfer to Qintar Capital’s bank account in Switzerland preventing forgery risks, to comply with Sharia law.
- ISLBlockchain: All financial products and contracts issued via ISL Blockchain are in accordance with Islamic principles: no Riba [payment of interest], no prohibited activities such as alcohol, gambling, pornography, etc.
The Future is Bright with Qintar
Qintar believes in the ISL blockchain-as such we are partnering with companies in different sectors to make online transactions easier, faster, less costly and more convenient for the users.
Moreover, Qintar services can be used for all transactions including airline bookings and hotel reservation or even Udhiyya, livestock for sacrifice using a crypto-wallet on a mobile device through Qintar channels [Seitra, Udhiyya] which is Qintar Immediate Goal.
From institutional and private investors to individual traders and individuals, they have attracted great interest-the plans are solid, the platform is strong, and the market is embracing Qintar, as a huge investment will be implemented in the future.
Qintar solves many of the problems associated with cryptocurrencies and blockchain solutions-what makes it different is that Qintar sales request is completely transparent and visible-the users can cancel their transactions at any time. It is only a matter of time before Qintar becomes the industry standard!
Qintar Capital Switzerland is a financial advisory firm specializing in investments, accounting, auditing, regulatory bodies, Islamic banking, manufacturing, and other business areas. The company is headquartered in Geneva, the world’s major financial center.
The management team of Qintar Capital Switzerland possesses extensive regional and international experience. Further information is available on the company’s website: www.qnr.ch.
Join the blockchain revolution today with Qintar.
About Qintar Capital: Qintar Capital is a Geneva-based financial services firm focusing on global financial management. From crypto and Islamic financing to technical solutions, our experienced team delivers a range of product and services. For more information please visit our homepage.
Are Blockchain Casinos on the rise?
Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.
Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.
What Is A Blockchain Casino?
Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.
A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?
Why A Blockchain Casino?
You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.
This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.
When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.
Issues With Blockchain
There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.
The Rise Of Blockchain Casinos
From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.
Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.
Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.
With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.
It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.
On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.
We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.
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