World Coin Plans Blockchain Platform that is Compliant with Sharia Law

In the future, Rubius will help World Coin Network build their own blockchain platform. And, the key to that platform’s success will be integrating the blockchain solution with physical exchanges. This would enable Muslims to exchange cash directly for the cryptocurrency.

World Coin’s platform will be followed by a website plugin, the Sharia law lending platform, and mobile app development. Rubius’s expertise will be vital for the creation of those solutions.

The Sharia Law Lending Platform will facilitate economic development in the Middle East, Africa, and Central Asia by making credit available to Islamic merchants. This will help World Coin Network achieve its goal of integrating traditional Islamic merchants into the global economy.

The potential market World Coin can tap is immense because there are 1.8 billion Muslims in the world today, the Pew Research Center calculated. Islam is the world’s fastest-growing religion, Pew forecasts that the number of Muslims will grow by 70% and reach three billion by 2060.

Bringing all of those people into the global economy is necessary for the peace, security, and stability of the world. Middle Eastern countries that lack stable currencies and access to the world’s financial system are among the most unstable. Those nations include Iraq, Syria, and Yemen, which are plagued by terrorism and civil war.

Currency devaluation is the main destabilizing force in the Middle East. Lack of stable currencies blocks business creation and economic development. Devaluation fuels the refugee crisis plaguing Europe by forcing people to flee to regions with more stable currencies in search of work.

The Middle East will be the perfect place to test Rubius’s plan of using cryptocurrency, blockchain platforms, and apps to bank the unbanked. Around 85% of the people in that region lack bank accounts.

By offering currency stability and access to the financial system, the World Coin Network and Rubius hope to bring the Middle East and other regions into the global marketplace. Such access will be key to fostering economic development and bringing peace to the region.

You can learn more about the World Coin Network at:

https://worldcoin.cash

https://www.facebook.com/worldcoin.cash/

Chat with World Coin team at:

https://t.me/WorldCoincash

To learn more about Rubius Inc. and their projects, please visit:

https://rubius.io/

https://youtu.be/4DLMajAfxsM

https://rubius.io/rubius-whitepaper.pdf

Chat with Rubius team at:

https://t.me/rubiuschat