ADAB PROJECT AND IT'S ICO REVIEW - FIRST ISLAMIC CRYPTO EXCHANGE FUNCTIONING IN ACCORDANCE WITH SHARIAH RULES

I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

BRIEF PRESENTATION:

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of Bitcoin, over 4,000 altcoins (alternative variants of Bitcoin, or other cryptocurrencies) have been created.

In 1983 the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or a third party.

According to the main purpose or fixed design of this article , I will be presenting you an ambitious and incomparable project called : ADAB

WHAT IS ADAB?

ADAB solutions is a project creating the first Islamic crypto exchange (FICE) based on the Shariah laws. The platform follows the moral and cultural Islamic values while providing access to all users of crypto currencies. The project will be registered in the UAE while the exchange platform (FICE) will be registered in Switzerland to enable exchange of cryptocurrency to fiat. The main aim of the project is to reduce the ethical uncertainty of the Islam community on the crypto industry in order to increase their participation in this first growing industry.

ADAB Solutions project will create a global infrastructure, that operates on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics.

ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah , which accounts for 22% of the world's population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.

MORE DETAILS ABOUT ADAB PROJECT

The Adab Solutions project has no analogues in the world.

Today, there is not a single cryptocurrency platform or a crypto exchange, which would guarantee activities based on Shariah.

Adab Solutions will be the first project that will allow performing cryptocurrency transactions in accordance with the principles of Islamic finance and on the basis of Shariah norms.
The Adab Solutions project is aimed to a huge audience of 1.8 billion potential Muslim users of the cryptocurrency market.
Projectibility of the project.

The Adab Solutions project is designed in accordance with the highest security standards and has unique technical features of key software solutions.

The Adab Solutions project forms a system of values ​​based on Shariah norms and principles of Islamic finance, which will become the basis for self-regulation of the cryptocurrency market and will increase the level of confidence in a key cryptocurrency instruments.
Full transparency of the Adab Solutions project.

Transparency of the project and safe jurisdictions will make it possible to buy and sell cryptocurrencies for fiat money.

The ADAB Solutions project is developing the FICE- First Islamic Crypto Exchange , based on the norms of Shariah.

The purpose of the ADAB Solutions project is the creation of a crypto -exchange platform, a stock exchange and services that comply with the norms of the Shariah and operate on the principles of Islam.

The mission of the ADAB Solutions project is to create conditions and services based on the high moral and cultural values ​​of Islam and provide access to all users of crypto economics.

The key task of ADAB Solutions is to create a structure that will establish new ethical standards for doing business in the industry.

ADAB standards of behavior prescribed by the norms of the Shariah, including good manners, standards of decency, courtesy, humanity.

The name of ADAB Solutions is a big responsibility for the creators of the project.
ADAB is a way of life in Islam, which the founders of the project consider not only natural in everyday life, but an obligatory foundation of business relations.

In order to ADAB Solutions as a crypto currency project to be Halal, it is planned to implement the following measures:

The development of the project will be based on the entrepreneurial efforts of the organizers and their work. According to the norms of Islamic ethics, it is right that the source of wealth is own labor inputs and the entrepreneurial efforts.

First Islamic Crypto Exchange will completely exclude the possibility of speculative transactions, margin trading and operations that do not correspond to Shariah. This will exclude the Gharar and Maisir and Riba from the work of the Exchange.

FICE platform able to handle 3 million requests per second, making FICE the one of the fastest crypto exchanges.

Users of FICE will be guaranteed that their applications will never be suspended due to congestion of the platform.

ADAB Solutions is founded to create a platform for halal projects, to work in a full compliance with the norms of Islam and Islamic finance.

Our task is to help Muslims and the community of crypto-investors to understand what in the market the cryptocurrencies is compliant with the Shariah rules and what does not.

ADAB Solutions proceeds from the fact that this project will generally benefit the market, since halal projects in their essence have utility and value, and their definition will contribute to the development of useful ideas and a decrease in the number of projects in the market, which are haram in its essence.

TECHNICAL ASPECT OF THE ADAB PROJECT

• The project is developed in compliance with the highest security standards.

• FICE platform security will be provided by the best developers in the field of cybersecurity, including the high level of business transparency.

• Security Development Lifecycle(SDL), and all the field standards will be adopted. FICE will implement the threat modeling, and STRIDE analysis, statistical code analysis(SAST), dynamic program analysis(DAST) and a penetration test.

• FICE will adopt standards of data encryption, recommended by the NIST(AES-256,SHA256/SHA3) and will not use proprietary cryptography. All the user data, including the internal traffic will be encrypted.

ADAB SOLUTION ROADMAP

ADAB SOLUTION TEAM BOARD

ADAB SOLUTION ICO OVERVIEW

Pre ICO Start Date 28 November 2018

Pre ICO End Date 19 December 2018

ICO Start Date 29 December 2018

ICO End Date 10 February 2019

ADAB tokens will only be released during this period and no further tokens can be created or mined. ADAB forecasts a daily trade volume of USD 140 million and a turnover of USD 4.2 billion within the first 18 months of the exchange’s operations.

Bonuses and discounts in ico period

● Private sale 25%

● Pre ICO 15%

● ICO 1st week 12%

● ICO 3nd week 7%

● End of ICO 5%

ADAB SOLUTION TOKEN ANALYSIS

• Token Symbol ««»» ADAB

• PreICO Price ««»» 1 ADAB = 0.1 USD

• Price ««»» 1 ADAB = 0.1 USD

• Bonus ««»» Available

• MVP/Prototype ««»» Available

• Platform ««»» Ethereum

• Accepting ««»» ETH, BTC

• Minimum investment ««»» 100 USD

• Soft cap ««»» 2500000 USD

• Hard cap ««»» 18700000 USD

• Country United ««»» Arab Emirates

• Whitelist/KYC ««»» KYC & Whitelist

• Restricted areas ««»» USA

MY OPINION CONCERNING THIS PROJECT

In my own perspective, I can see ADAB as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.

CONCLUSION:

Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities as ADAB does.

For more or further details, please! Kindly follow the links below:

WEBSITE: http://adabsolutions.com

WHITEPAPER: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf

ANN TREAD: https://bitcointalk.org/index.php?topic=4720775

TELEGRAM: https://t.me/Adabsolutions

FACEBOOK: https://www.facebook.com/adabsolutions

TWITTER: https://twitter.com/AdabSolutions

REDDIT: https://www.reddit.com/r/adabsolutions

Great thanks to all my dear readers, you will be more appreciated if you can kindly send a recommendation to some friends and to all media across the globe. Thanks! for given your time.

••BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary

AUTHOR: Dprince2281