Is HBAR coin halal or haram?
If you are looking for an answer to the question “Is HBAR coin halal or haram?”, we will try to provide an answer based on our understanding of the coin project, its mechanism of action, and the services it provides.
HBAR Coin Project
HBAR belongs to the Hedera project, which is a similar project to blockchain technology in terms of goal, but there are several differences in how it works. Hedera is based on the aggregator pie chart technology instead of the chain that blockchain is based on. Hedera aims to enable individuals and companies to build powerful decentralized applications, and aims to improve efficiency and fairness, while overcoming the limitations of blockchain-based platforms such as low performance and instability.
Halal services provided by HBAR coin
HBAR coin offers a range of services that can be classified as halal activities:
1. Token Service: Allows users to create and create fungible and non-fungible tokens (NFTs) on Hedera, using just a few lines of code.
2. Consensus Service: Acts as a trust layer for any application or network that needs a secure and verifiable event log.
3. Smart Contract Tools: Provides developers with the ability to create powerful and efficient decentralized applications.
4. Decentralized storage services: These include file storage services that offer features such as proof of deletion, controlled change, and time-based file expiration.
Haram services provided by HBAR coin
After reviewing the project and the services provided by HBAR, there are no services that can be classified as haram activities.
And God knows best.
Is HBAR coin halal?
Based on the above data, it is clear that the HBAR coin project provides services that do not contain elements that contradict the provisions of Islamic law. Therefore, the HBAR coin can be considered halal. Accordingly, those interested in investing in it can do so safely.
Source: Arab Bitcoin Academy website
#hbar #الاستثمار_الحلال #البلوكتشين #الاستثمار_الامن #العملات_المشفرة
