Introduction
What purpose does a bank serve in our life? It acts as a key to our financial life. Serving our financial needs, it earns its share and has gained a significant position in our life. Today, we cannot imagine our life without a bank and its services, but things have started changing a few years back. The basic aim of the bank or purpose of the bank was to bridge lack of trust among people. They needed a third party which can bring credibility to the transactions in the financial world. And, banks have been doing it for decades but the time has come to change the status quo of the traditional banking system.
People have been innovating new products, which can end the monopoly of the banks and bring trust and transparency in the system, which banks of the traditional world had in little quantity. Despite the introduction of blockchain technology, which aims to revolutionise the banking and financial institutions, there has been a very slow growth in adopting the technology. Banks of today are in the experiment stage with the latest technology.
Some banks are trying to modify it to suit their needs while others have outwardly rejected the idea behind the blockchain technology. Today, there is a need for the new age banking, which will bring new capabilities based on the latest technologies. Those who remain stuck to the traditional way are bound to lose the new opportunities. Do you think there is a space for new age banking capability?
SOLUTION OFFERED
HADA DBANK has decided to bring its solutions by presenting a new age Islamic banking. This bank is for everyone. The two of the most important element of the platform is trust and transparency. They aim to bring the technology of today for the service of the people. islamic banking is quite different from the traditional banking. The app allows free encrypted accounts and e-wallets. It's time for the real banking. They have managed to design some of the cool features for the platform and a few of these are mentioned below.
- Smartphone Banking app and also services are avaìlabble for non-smartphone users
- Easy saving and withdrawal capability on the platform
- easier remittance , transfer and trading services utilising your cryptocurrency
- Facility for loan and investment with real-time payment
They believe in the power of blockchain technology and Islamic banking. This Platform will create the most robust framework for the modern banking that we have never seen.
ICO INFORMATION &TEAM
To support the development of the platform and give a boost to the project they are conducting an ICO. A total of 500 million of HADACOIN are created and 295 million are used for crowdsale. 55% of total coins will be distributed to the public. The funds will be utilised for the purpose of the research and development of the platform.
They wish to launch E-money in 2018. 30% of the funds will be utilised in the operational expenditure. The team behind the platform is a group of experts in the fields of finance, business and technology. They have tried to create a balance in the banking and technology keeping in mind the Islamic law. We hope to see a unique and fresh approach to the banking.
Conclusion
The world has come to realise the power of decentralisation and smart contracts given the surge in applications and startups in last few years. While cryptocurrency may serve as an important indicator of it but may not paint a true and whole picture of the blockchain technology. The technology which serves humankind is sustainable technology and platforms like HADA DBANK explores the mass adoption of the technology.
Nothing can be more satisfying than knowing that the product created by you is serving a larger purpose in the growth of humanity. The future will be decided by the right use of technology. Under Islamic Law, there are two basic principles for banking. The first being the sharing of profit and loss and second being the sharing of interest with the customers. The bank has followed the true principles of the Islamic Banking to fulfil the needs of the people. I think they are ready to write a new chapter in the Banking industry.
Important links:
Website : https://www.hada-dbank.com/
Btalk ANN thread: https://bitcointalk.org/index.php?topic=2607739.0
Publisher's Btalk name: Etheran
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1108165