A New Decentralized Islamic Blockchain Network- Caizcoin

Cham, Switzerland--(Newsfile Corp. - June 21, 2021) - As the world is walking on digitization, many changes were made in the transaction process. Cryptocurrency, which is seen as the decentralized method of transactions, became the trend this year. Walking on the same path, a new blockchain platform known as Caizcoin is preparing to hit the global markets. Caizcoin is the first certified Islamic cryptocurrency and blockchain network set to enable fast and cost-efficient international money transfers.

Caizcoin

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This platform strictly follows every Islamic law of finance and ethics, which prohibits using this financial instrument in illicit activities such as laundering, gambling, and drug sales. It also guarantees that no business with activities in areas such as arms, tobacco, the adult industry, alcohol, or the pork industry has access to its services, since all of these businesses are seen as illicit in Islamic beliefs.

Created in Germany and having its headquarters in Switzerland, Caiz is looking forward to holding conferences and meetings with the Islamic leaders in the Asian, African, European, and other Western countries. Made by a young and talented group of masterminds who specialize in technology, finance, and business, make sure that Caizcoin remains as pure as possible, with every coin carrying the message of Islamic finance and its purity. Caizcoin will also collaborate with charitable organizations to enable Waqf and Zakat donations worldwide to help the less privileged, kids, women, and the victims of war or emergency.

Some of the proven advantages of using this decentralized platform are:

● Meager Cost

Since there will be no centralized entities, there is no need to pay high fees for holding or buying these tokens.

● Anonymity

Every personal data of holders and investors are in an encrypted format. The only thing required for investors or holders will be that public key, similar to the IBAN account. No other details will be taken, published, or sold to third parties.

● High-end Security

These coins are highly secured by advanced technologies, which means that if any malicious activity is carried to your account, they will have to invest a ton of money to get through the filters and computational power to do so, which seems illogical for anyone. For added safety, Caiz also has a two-factor authentication, requiring not just your password and a unique code that will be sent to your email.

● No third-party Involvement

Since Caizchain is decentralized, there is no involvement of any third parties to manage or oversee holders' assets. Therefore there is no need to validate any transaction made with this coin.

● Fast transfers

In the Caizchain ecosystem, users will benefit from accessing both the CAIZ token and the CAIZ wallet. Also, there will be many other features too to help holders and investors in their transactions.

The developers of this coin also added, "blockchain technology would make every financial activity safe from third parties. Investors or holders should not just see the Islamic background; these are available for non-Muslims as well, and they can easily trade, keeping in mind its laws and code of conduct." Using this, holders and investors can safely use this coin since it will be safe from scanners and looters, they added.

Social Links:

Instagram: https://instagram.com/caizcoin_official

Twitter: https://twitter.com/caizcoin/

Facebook: https://www.facebook.com/Caizcoin-100282385356919/

Telegram: https://t.me/caizcoin_official

Media Contact Details:
Company Name: Caizcoin
Media Contact: info@caizcoin.com
Company website: https://caizcoin.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88152