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KUALA LUMPUR, April 26, 2018 – Finterra, which prides itself on the world’s first “Social Solution for Blockchain”, won the 2018 award for Blockchain Technology Excellence at the Global Responsible Business Leadership Awards. The Singapore-based financial technology company Finterra has developed a platform that uses digital ledger technology, or blockchain, to create “smart contracts” that...
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On April 23 – 24, 2018, Decoding Blockchain KSA 2018 introduced Saudi Arabia’s very first blockchain event. In the city of Riyadh, where hundreds of people flocked to attend the conference. Finterra’s CEO, Hamid Rashid took part as the Keynote speaker in Decoding Blockchain Riyadh. Numerous sectors have started adapting their businesses to incorporate blockchain...
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In this week’s round up of blockchain news, Yusuff Olayode Supoto of Ethereum World News reported that the National Aeronautics and Space Administration (NASA) and Researchers at the University of Akron (UA) are currently exploring the possibility of using Ethereum Blockchain Technology to enhance space communications and navigation. A statement by the university revealed that...
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With the increase in demand for equity-based funding, Musharakah will aim to help alleviate the Islam banking industry and lead Malaysia into a new dimension of innovative and attractive product offerings. Musharakah: An Islamic term for partnership. It refers to two or more persons jointly owning an item or contracting jointly for profit Shirkat-ul-‘aqd: A...
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THE HISTORY OF LOYALTY PROGRAMS Historically, loyalty programmes have existed since the 18th century, starting with “premium marketing”, a term coined by American retailers, that gave customers copper tokens with purchases redeemable for products on future purchases. In early 1900s, loyalty programmes underwent a transition, going from copper coins, to stamps, to clipping box tops...
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Dubai plays host to the second leg of the International Waqf & Blockchain Forum (IWBF 2018) – the first city in the middle east to do so. IWBF 2018 brings together the best minds to showcase new opportunities and possibilities available through the use of blockchain technology to help in the development and sustainability of...
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A fintech start-up based in Indonesia called Blossom Finance released a report concluding that Blockchain technology is consistent with the Sharia goal of reducing excessive uncertainty, according to a press release published Thursday, April 12. “Blockchain gives you mathematical proof of ownership and that’s overall much more in line with the spirit of Islamic finance...
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As more people are familiarizing themselves with blockchain, they are learning that the technology itself is not as volatile or unstable as was once thought. You’ve probably read a lot about how blockchain is a decentralized, digitized ledger where transactions are recorded publicly and chronologically. It is undeniable that the technology can inspire major changes...
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In a world reshaped by technology it’s important that future communities are equipped for the next stage of the internet. Currently, the IT space is dominated by robotics and artificial intelligence. But Blockchain Director and proud father to a 9-month-old Yorkshire Terrier, Terry Wilkinson found himself staying up late, crafting his skills relevant to “the...
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In a recent round up of blockchain news, Deb Miller of CMS Wire listed down some of the significant signs that might reveal blockchain’s ultimate fate.   Blockchain could be the beacon of light for protocols all over the world Many of us were first introduced to blockchain as the underlying distributed ledger technology enabling...
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