Biokript: a software that makes it possible to invest in cryptocurrencies while adhering to Sharia law's precepts.
INTRO
Bringing the crypto sector into the general public: The first hybrid, sharia-compliant crypto platform in the world is called Biokript.
Value: The digital trading platform for stablecoins known as Biokript has been in development for the past two years. The United Arab Emirates-based company Biokript is authorised. The blockchain infrastructure that Biokript is developing is robust, ready for widespread use, and suitable for both standard cryptocurrency transactions and crypto to crypto payments/transfers. The blockchain is the foundation of the entire Biokript ecosystem.
introducing a new class of legal investments in cryptocurrencies that are based on Islamic investing guidelines and principles and that provide a new class of trading platform with the resources needed for active trading and investment in the cryptocurrency market.
A decentralised register called Biokript Protocol is used for special items like fine paintings, expensive wines, and timepieces.
BIOKRIPT ECOSYSTEM
Muslims can trade cryptocurrencies in conformity with Islamic legal precepts and principles thanks to modern, creative crypto trading platforms.
In addition to offering product development, research on Islamic finance, and the creation of Islamic digital assets, Biokript will supply the infrastructure required to adhere to sharia law. The first platform of its kind in the world, Biokript will set the standard for other Islamic financial institutions and governmental bodies to imitate. It aims to become one of the top players in the crypto currency market.
Frameworks that adhere to Islamic values are becoming more and more necessary in the era of bitcoin exchange. No matter where a Muslim lives, Biokript offers a new standard for company compliance that might make the bitcoin market more open to all Muslims.
VISION OF BIOKRIPT
It is a platform that employs a rigorous and in-depth approach to manage all of its users' digital asset balances in a Sharia-compliant way at all times by adhering to the rules of the sharia-compliant investment fund.
A software called Biokript makes it possible to invest in cryptocurrencies while adhering to Sharia law's precepts. This means that Biokript forbids investing in ventures or businesses engaged in the sale of alcohol, cigarettes, gambling, illicit narcotics, or weaponry.
HOW BIOKRIPT WORKS
This is a trading platform that blends the market's present constraints with the demands of the market for sharia compliance. With the help of Biokript, investors can trade both new and used cryptocurrencies, which have the potential to generate enormous profits.
It is made to administer and carry out transactions in accordance with Islamic financial standards. To ensure that transactions are lawful and Halal, we use specific sharia-compliant contracts. There is no need to register an account because all of our transactions happen instantly. You only require Bitcoin!
You may invest in the major three cryptocurrencies—Bitcoin, Ethereum, and Ripple—using the ground-breaking new platform Biokript by utilising gold or silver as collateral. The biggest advantage of this is that there is no interest involved and it is completely sharia-compliant. It wants to be the first cryptocurrency trading platform complying with sharia. Muslims can be certain that their investments are compliant with Islamic law by using Biokript.
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Writer Information:
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ETH Address: 0x371D54572B6Cf3B791e85FA22e012AF96f268b63