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THE STORY OF DEVELOPING AN OPEN SOURCE GATEWAY Tech teams around the world are introducing service-oriented architectures or micro-services into day to day applications. This leads to numerous services, which can be written in any technology, exposing several types of integrated development environment (IDE) with changing requirements. The term “open source” refers to something anyone...
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In this week’s round up of blockchain news, Annaliese Milano of Coindesk reported about a new partnership between ledger startups, Ripple and Linux backed Hyperledger blockchain consortium. Hyperledger announced Wednesday that Ripple is among fourteen companies to join the group, which first launched at the end of 2015 and to date has added more than...
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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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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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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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IWBF-2018
The International Waqf and Blockchain Forum (IWBF) concluded a successful discussion that saw the revival of what was once the hallmark of Muslim charitable endowment (Waqf). The one-day international forum was the largest of its kind, that saw over 600 delegates that comprised of multiple fields and backgrounds such as academicians, NGOs, practitioners, regulators, government...
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