Arabian chain may have a lot of potential for b2b blockchain application in the gulf countries, but overall the potential return for investors getting into Ummati at this stage is probably much greater.
you are really an idiot talking about your shit project and calling it Islamic, and the same time trying to hype your project on the thread of other coin, is this islamic???
this is the second time that you post in this thread, no one from the DBIX Team post any thing bad about your project,and you trying to show that your project is better....
i don't think that your behavior correct and respect the islamic behavior.only trolling...
Please don't post any more here,and do your marketing in your thread and not here.
BTW islamic Banking is Arabianchain Idea
please don't put religion in this matter please its is my request
i am in the support of dbix and mark my words that in the 2018 end dbix will be very huge coin in the crypto world
right now i am paitent and holding my dbix.
if anyone needs example just look at ripple coin
I think you're probably right.
Persoally I believe in a multi-chain future, ie. That there are fundamental scaling limits to blockchain that may (probably) not be resolved. This means we are probably looking at a future of thousands of chains, and people NEED some kind of principle to motivate them to choose one chain as their "home" chain.
In this future national chains are a definite reality, and recently a Jewish coin was realeased called BitCoen. The fact is a lot of people with a lot of money care about religion when choosing what coin to invest in.
Within Islamic law there are differences of opinion, however, and one of these is the legality of murabaha contracts. Some people believe they are too similar to interest, others don't.
Business ethics and regulatory approval matters just as much with blockchains and Islamic values and jurisprudence as it does for a company in a national market- like any company, a blockchain requires people to use its services in order to thrive.
With bitcoin since it was the first of its kind, just being a blockchain was enough to guarantee success. This is not the case anymore, even technological superiority does not guarantee the success of a blockchain over other chains with bigger user bases.
As I understand it, Arabian Chain is going after big companies and high net worth individuals in the Persian gulf area, and trying to get them to use DBIX by offering high quality services and Arabic language support on the chain. In my opinion, this is one of the wisest approaches to building a user base in the crypto space currently. It's more challenging, however, because many Arab societies are very traditiinal and resistan to new ways of doing things, with good reason.
If a technological innovation can appeal to those traditional sensibilities, it very much increases its appeal to a very large group of potential users. This is why I don't necessarily agree that religion should be left entirely out of it.
yes i agree with this
"Persoally I believe in a multi-chain future, ie. That there are fundamental scaling limits to blockchain that may (probably) not be resolved. This means we are probably looking at a future of thousands of chains, and people NEED some kind of principle to motivate them to choose one chain as their "home" chain."
but i don't think their will be religion will matter the most. what is a good coin and what is not the developments decide that
people now a days always looking for a fair investments and should be okay for every one in the whole world. i hope you understood what i am trying to say:
in future many thing are coming and i think dubai will be the first big country that put many of their work on blockchain
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