Excitement is building in the cryptocurrency community as SidraBank’s development team announces the imminent final stage of the Peer-to-Peer (P2P) Verification System. This crucial step paves the way for users to commence transactions on the recently launched mainnet, marking a significant milestone for SidraBank. The cryptocurrency project has been steadfast in its commitment to creating decentralized digital assets that align with Islamic financial principles and Shariah laws.
The SidraBank development team, known for its dedication to transparency and innovation, has revealed that the final stage for the P2P Verification System is on the horizon. This system is poised to enhance security and trust within the SidraBank ecosystem, allowing users to verify their identities and engage in peer-to-peer transactions seamlessly.
The announcement comes on the heels of the successful launch of the mainnet, signaling the project’s progress in creating a robust and fully functional decentralized platform. Users and enthusiasts eagerly anticipate the upcoming announcement, which will provide clarity on the final steps needed for the activation of the P2P Verification System.As SidraBank continues to shape the landscape of Shariah-compliant digital assets, the impending launch of the P2P Verification System underscores the project’s commitment to providing a secure and user-friendly platform for cryptocurrency transactions. The integration of this system is expected to further solidify SidraBank’s position as a pioneering force in the intersection of decentralized finance and Islamic finance principles.
Stay tuned for the forthcoming announcement from SidraBank’s development team, as they unveil the final stage of the P2P Verification System. The cryptocurrency community eagerly awaits the opportunity to engage in transactions on the just-launched mainnet, marking a significant stride towards a more secure and inclusive digital financial ecosystem. Continue Reading See more info
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What Is Sidra Bank? First Religious Affiliated Decentralized Finance Platform
Sidra Bank, the first cryptocurrency platform with a religious affiliation, is a platform for investing in digital assets. With Sidra Bank, the Muslim Community Will Engage in Digital Investment While Adhering to Moral Precepts.
Though anybody can trade in digital assets on the platform, Muslims are more favored as the platform is built in conformity with Islamic teachings.
The first decentralized Islamic financial platform built on blockchain, Sidra Bank, is located in Sidra, Saudi Arabia.According to it’s white paper, Sidra Bank aims to create a currency trading platform using cutting-edge technology as an alternative to those found in other trading platforms, and offer options that are morally acceptable rather than illegal or dubious, like the Lever Financial, mortgage lending, borrowing, and other Islamic alternatives.
Mining Sidra Coin which is the native token of the Sidra Bank will officially end September 2023 while it’s mainnet will be debuted the following month, October 2023. Speculated prices of 1 Sidra Coin ranges from $525 and below.
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