ADAB SOLUTIONS - ANALYSIS ADAB SOLUTIONS FIRST ISLAMIC CRYPTO EXCHANGE

in #blockchain6 years ago

Hello everyone in this article I will present an interesting ICO analysis, called ADAB SOLUTIONS, based on some of the following criteria:

         There are various world economic models. But one of the unconventional and related to the Muslim world is the Islamic model of the economy. At the same time, the life of the Muslim community is subject to strict rules, going beyond which is not allowed. These conditions apply to financial activities. The community’s financial assets amount to about 4 billion US dollars and are distributed over more than 120 countries of the world. But the use of new technologies when working with financial assets must be approved by Sharia. And this is a rather complicated process. The Muslim world has long been cautious about eyeing cryptoactive assets, but previously did not allow working with them, because there was no set of rules and laws that would regulate this activity in the framework of the Koran. The creators of the ADAB Solutions project decided to present this opportunity to work with cryptomir, having developed a unique FICE trading platform with a special user policy that will follow Sharia laws.

What is ADAB?

ADAB solutions is a project creating the first Islamic crypto exchange (FICE) based on the Shariah laws. The platform follows the moral and cultural Islamic values while providing access to all users of crypto currencies. The project will be registered in the UAE while the exchange platform (FICE) will be registered in Switzerland to enable exchange of cryptocurrency to fiat. The main aim of the project is to reduce the ethical uncertainty of the Islam community on the crypto industry in order to increase their participation in this first growing industry.

FICE will have the capability to handle up to 3 million transactions per second making one of the fastest in the industry. Its functionality will include key functions of crypto exchange, spot trade, technical analysis, unlimited withdrawal of funds among others. It will initially support trading pairs in BTC and ETH while other cryptocurrencies will require approval from the Shariah Advisory Board. It will also support cross-platform trading clients for both PC and mobile devices.

Studies into the cryptocurrency market among Islam commenced in June with the goals and objectives that lay the foundation for ADAB solutions being formed in September 2017. The white paper was prepared between December 2017 and May 2018 and the registration of the exchange is set for October 2018.

This means that on the platform users expect the following special points:

  • Working with standards from the Shari'a Advisory Council.
  • The use of Islamic banking only.
  • Conducting halal transactions and transactions.
  • Banning of transactions with coins related to the world of gambling, alcohol and tobacco production, usurious transactions, pyramid schemes and other actions not permitted in Islam.
  • Prohibition of speculative actions in trade.
  • The organization of the Sharia Supervisory Board and its work on the platform.
  • Inclusion of coins in stock listing through the strictest selection and verification.
  • Companies that want to be present on the platform should have a good financial image and public opinion, as well as deposits in traditional financial institutions.

Why invest in Adab Solutions project

  • The Adab Solutions job does not have any analogues in the world. There isn’t even a market or a cryptocurrency platform, which will guarantee actions according to Shariah. Adab Solutions are the job that will allow acting trades that are cryptocurrency in accord with the principles of finance and on the basis of Shariah criteria. 
  • The Adab Solutions endeavor is directed to a massive market of 1.8 billion prospective Muslim users of their cryptocurrency marketplace.
  • Projectibility of This Job, The Adab Solutions endeavor was created in line and contains exceptional characteristics of software alternatives that were key.
  • The Adab Solutions job creates a system of principles based on Shariah standards and principles of Islamic finance, which is now the foundation for self-regulation of their cryptocurrency marketplace and will raise the amount of assurance in an integral cryptocurrency instruments.
  • Total transparency of This Adab Solutions project, Transparency of authorities that are secure and this undertaking will make it feasible to market and get cryptocurrencies for fiat money.
  • Honesty The purpose and mission of this work
  • The ADAB Solutions Job is Growing the FICE- First Islamic Crypto Exchange, based on the Standards of Shariah.
  • The intention behind this ADAB Solutions endeavor is the introduction of a crypto -foreign exchange program, a stock market and services which comply with the standards of the Shariah and function on the fundamentals of Islam.
  • The assignment of this ADAB Solutions job is to create requirements and solutions depending on the high cultural and ethical values ??of Islam and offer access to users of crypto economics.
  • The vital job of ADAB Solutions would be to produce a structure which will set new ethical criteria for doing business in the business.
  • The title of ADAB Solutions is a large responsibility for the founders of this undertaking. 
  • ADAB is a method of life in Islam, which the creators of the project believe not just natural in regular life, however, an essential base of company relationships.
  • And there are many other advantages compared to other exchanges.

ADAB Token ICO Details

The initial coin offering will be held between July 15th and November 23rd at an initial cost of USD 0.1 a unit. ADAB tokens will only be released during this period and no further tokens can be created or mined. ADAB forecasts a daily trade volume of USD 140 million and a turnover of USD 4.2 billion within the first 18 months of the exchange’s operations.

  • Parameters Of The ICO
  • Token Symbol: ADAB
  • Token Sale Date: Present – 11/15/18
  • Token Price: $0.01
  • Accepted Payment Method: ETH, BTC
  • Total Supply: 480,000,000
  • Token Standard: ERC20
  • Soft Cap: $2,500,000
  • Hard Cap: $18,700,000

Team

Finishing touches about the ADAB Solutions project

The ADAB Solutions project is unique in its kind, it covers a complex financial area that is subject to religious tenets.

But at the same time, the share of this financial market is high, and the creators of the project are focused on its expansion. After all, the future of cryptocurrencies, and many Muslims are beginning to understand.

In the middle of 2019, the Islamic cryptocurrency exchange will fully work, and today a demo version is available to users, which you should read the link: https://mvp.adabsolutions.com/

Therefore, in conclusion, it should be said that the project has excellent prospects, as shown by the rating from experts on various websites, for example, on icobench.

For more information, please visit the link below:

Username : kajiezunan

Website : http://adabsolutions.com/

Whitepaper : https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf

Facebook : https://www.facebook.com/adabsolutions

Twitter : https://twitter.com/AdabSolutions

Telegram : https://t.me/Adabsolutions

Ann Thread : https://bitcointalk.org/index.php?topic=4720775

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1902244

ETH : 0xeBB211593eE39170826E80Cf71b4Bc34E79aF88D


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