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Finterra Technologies
Ever since blockchain companies have multiplied, people have been looking at how industry leaders are going to react. We now have an idea about what Google thinks about revolutionizing blockchain technology. According to Bloomberg, Alphabet Google’s parent company is going to create its own blockchain. WHAT GOOGLE INTENDS TO DO Google has two projects in...
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The US Congress released its 2018 joint economic report on the state of the economy, with a whole chapter features a bird’s eye view of blockchain technology for the very first time. A pleasant surprise is the optimistic views expressed towards the future of the rising technology. Some of the highlights include: Blockchain is hailed...
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Smart Contracts: Why you won’t need a lawyer anymore In the past few decades, technology has made massive advancements. Blockchain has the potential to become another massive change since it has already begun to change the way we buy and sell, interact with government and verify the authenticity of everything. If you’re wondering how blockchain...
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A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract on a blockchain platform ERC stands for “Ethereum Request for Comments”, while ERCXX are technical standards used for smart contracts on the Ethereum blockchain. While these standards are technically specific to Ethereum, many other...
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In a recent round up of recent blockchain news, Michael del Castillo of Coindesk talked about the re-emergence of stress testing led by handphone giants, Huawei in the ever evolving blockchain realm. “After almost a year of behind-the-scenes work, Huawei recently valued at $7.5 billion has unveiled a tool designed to test the performance of...
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The Royal Bank of Canada, a multinational financial services company and the largest bank in Canada, recently outlined a platform constructed on a blockchain that would automatically produce credit ratings using a borrower’s historical and predictive data. This was all mentioned in a patent application released on 15th of March. The application would upgrade the...
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Endowment Chain By applying Smart Contracts, Finterra’s Endowment Chain allows better management of the endowed gifts, allowing participants to create project proposals to develop and stimulate endowment properties. Open Source Platform The key to a sustainable and transparent ecosystem is a healthy open source community and active 3rd party developers. With that in mind, Finterra will...
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In recent years, hack attacks on several technology giants and widespread identity theft have given people more to be wary of cyber security. Amidst the growing concerns, open ledger or blockchain technology has become increasingly popular and many see it as a great alternative to traditional record management systems. Many hail this technology as the...
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IWBF-2018
The International Waqf and Blockchain Forum (IWBF 2018) concluded a successful discussion that saw the Deputy Minister of the Ministry of Science, Technology and Innovation (MOSTI), YB Datuk Wira Dr. Abu Bakar Mohamad Diah propose of a special taskforce to study the shariah compliance implementation of blockchain in Malaysia. The event saw over 600 delegates...
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Blockchain
Waqf is an endowment made by muslims to a religious, educational, social or charitable cause. It is a permanent and institutionalized act of donation. Once a waqf is created the property cannot be donated, bequeathed, inherited or sold. While waqf traditionally covers real estate, cash waqf is a financing method to develop waqf property or...
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