Dear Halal Chain community members,
At this very moment approaching the end of 2017, I have all sorts of feelings that we start from humble beginning as a technical start-up. We are forever grateful for the support of the team members that realize a miraculous idea into reality, and I would like to take this opportunity to further elaborate on our future vision of year of 2018:
The Halal food traceablity system is currently under development with the top talents across the industry. And due to strategic partnership with industry food manufacturers in Australia, Brazil, China, GCC and beyond, those are keen to adopt this technology to boost exportation to Muslim emerging market and be a preferred brand in Muslim economies. I believe such actual use case for blockchain has a concrete ground in place, a practical technology solution which has practical need of the market.
The blockchain lets people who have no particular confidence in each other collaborate without having to go through a neutral central authority. Simply put, it is a mechanism for creating trust. Within this open ledger system, the blockchain offers an inherent level of trust for the user, eliminating the need for the middleman and mitigating the risk of human error. Justice and creditworthiness has been emphasized in the Holy Quran in Surat al Nisa which Allah says:
O you who believe! Stand firmly for justice, as witnesses to Allah, even if against yourselves, or your parents, or your relatives. Whether one is rich or poor, Allah takes care of both. So do not follow your desires, lest you swerve. If you deviate, or turn away—then God is Aware of what you do” (4:135)
The above verse of Holy Quran has been posted by Harvard Law School, one of the most prestigious institutions of its kind in the world, at the entrance of its faculty library, describing the verse as one of the greatest expressions of justice in history. Likewise, the primary R&D philosophy for the public blockchain has been inspired and driving by the above verse, which reflects the consensus between the revealing civilization and blockchain technology, shared by the whole humanity, such as love, transparency, justice, creditworthiness, and trust. We plan to code the holy Quran into Halal chain that is resistant to any modification, this is the submission to will of creator, the everlasting cultural legacy to the Muslim Human civilization.
Presently,existing blockchain platforms could only read and record about 10,000 transactions per second. As we know it must record at least 1 million transactions per second to support real time transaction, and Halal Chain have developed technology that lays on top of the blockchain to speed transactions which could reach that number and even beyond. Such performance could almost be equal to other industry players, such as visa,etc,.
Halal Chain, a social impact oriented blockchain company, incorporates essential Islamic values with the latest underlying technologies ,whereby brings significant influence that reshaping global Islamic economies.
In a decentralized world, let’s embrace freedom, let’s embrace innovation, let’s embrace future. Thanks for being with us, let’s working together for a better tomorrow.
Last but not least, we would like to say: Thanks You!
We could not come this far without you since our inception. And wish you：
A year of wonderful happiness
A year of good health
A year of great success
A year of incredibly good luck
A year of world peace
Happy New Year 2018.