PRESS RELEASE. The first-ever Islamic cryptocurrency project, Caizcoin, is ready to leap into the international crypto market. The team has been announcing newer advancements undertaken by the platform to improve the users’ experience and help them boost the results of their financial operations. Caizcoin has recently revamped its official website and included a new whitepaper and lightpaper to put its ideas and visions in front of the whole world more precisely and appeal to larger masses for support efficiently.
From the very beginning, Caizcoin has been able to steal the spotlight with its unique approach. It is the first-ever platform that has attempted to bring Islamic financial principles to Defi. These principles are based on moral and ethical values that focus on the customers’ well-being and consider the community. The amalgamation of such virtues with the advanced blockchain technology is a relatively new concept and the need of the hour. Malpractices in the crypto space are currently at a peak, and investors are looking for safe platforms. Caizcoin offers the necessary moral and ethical backing that investors need to facilitate their financial operations freely with peace of mind.
“Caiz” traces its origin from the Arabic word -“Jaiz,” which means legal or permissible. The platform is attempting to bring an ethical revolution to the crypto world. Islamic banking principles are pretty rigid and keep the community’s well-being as a priority. Due to the stringent nature of these norms, the people belonging to the Islamic community have always found it challenging to participate in the blockchain-powered ecosystem.
The Caizcoin team has envisioned an Islamic cryptocurrency and Islamic compliance blockchain that conforms to the virtues enshrined in the texts and scriptures. To fuel their vision, they have worked with scholars from all around the globe and developed technology with core Islamic values. With the help of caiz, now people would be able to trade and transact freely and utilize the state-of-the-art blockchain to reap the best results out of their investments.
Developed in Germany and Incubated in 2018, Caizcoin is a 100% subsidiary of Caiz Holding AG based in Switzerland. Caizcoin team consists of experts from various fields who work collaboratively to build up a platform that will revolutionize the Defi ecosystem. The Caizcoin team has thoroughly examined the existing platforms in the crypto world and assembled a team of expert economists and tech gurus to bring a free and fair platform Islamic blockchain into being that will help investors reach the full potential of their financial operations using cutting-edge technologies.
The team has also significantly emphasized the utility of the Caiz Token and devised it in such a way that it helps users boost their transactions while making profitable connections across the crypto community. The platform is equipped with a 24/7 cash withdrawal facility that would enable holders to process their transactions with ease and without any unnecessary delay. Withdrawals can also be practiced through Debit/Credit cards or crypt wallets. The project financiers have decided that Caizcoin’s crypto wallet would be kept miles away from any kind of threats and dangers. Keeping in mind the aspects like instant payment and security, they have developed a hyper-secure wallet to maintain the confidentiality of token data and other details of the holder’s transactions.
Caizcoin’s native blockchain- Caizchain houses high functioning abilities that will surpass all its competitors. The blockchain will be impeccable for all crypto operations, from guaranteeing an incredible transaction rate of 3000 transactions per second, where each transaction takes anywhere between 0-3 seconds to complete along with low transaction costs, and a distributed ledger to offering an advanced consensus algorithm and highly intuitive API.
The people who are tired of wandering in search of a trustable crypto platform are eagerly looking forward to Caizcoin’s entry into the global market, which will undoubtedly be a massive success considering its previous track record. The team will soon enlist the Islamic cryptocurrency on major international exchanges and convert its vision of tying diverse communities together into reality.
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