The Shariah factor in Cryptocurrencies and Tokens
A cryptocurrency is a form of virtual currency that uses cryptography to verify that any person who attempts to spend some of the currency is the person entitled to do so. Cryptocurrencies typically use a decentralised peer-to-peer network to verify transactions and to record them on a decentralised public ledger (which is commonly known as […]
Decoding compliance of an iconic offering (ICO)
An ICO is a way for companies – usually start-ups – to obtain funding. With an ICO, the provider issues digital tokens by means of blockchain technology. ICOs have a cross-border nature: in principle, anyone with Internet access and a digital wallet can buy these tokens. ICO funds are usually received in Bitcoins (BTC) or […]
