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Algorand Becomes Certified Sharia-Compliant And Enters $70 Billion Market

Janelle Fox

Summary: Algorand, the first pure proof-of-stake open source public blockchain, has been certified as sharia-complaint, according to CoinDesk. The certification was provided by the Bahrain-based Shariya Review Board and signifies that the Algorand platform adheres to the tenants of Islamic law. This gives Algorand access to a network of Islamic investors that are estimated to be ...

Algorand, the first pure proof-of-stake open source public blockchain, has been certified as sharia-complaint, according to CoinDesk.

The certification was provided by the Bahrain-based Shariya Review Board and signifies that the Algorand platform adheres to the tenants of Islamic law. This gives Algorand access to a network of Islamic investors that are estimated to be worth more than $70 billion.

By Janelle Fox

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Link: Algorand Becomes Certified Sharia-Compliant And Enters $70 Billion Market   [Copy]
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