Islamic Economy

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Prospect & Outlook

The outlook for Islamic economy remains bullish and spending is forecasted to grow to US$4.8 trillion by 2023 driven by the fastest growth and youngest Muslim populations, stronger investments and rising trade in Islamic products.

The Islamic economy has shown it is in tune with the latest developments in technology and investment. Companies have adopted blockchain technology for payments, to confirm halal compliance, or track food, cosmetics and pharmaceutical products from the manufacturing facility to the retailer. In Islamic finance, blockchain and automation is expanding access to financial services.

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Technology Potential in the Islamic Economy

Halal Compliance

Blockchain promises to make halal compliance more traceable , and products more easily traded. Across halal products – the technology can quickly confirm halal compliance at each stage of the production, such application can eliminate fraud, and with support from regulators, can raise the market perception of halal relative to other certifications within the food industry.

Islamic Finance

Islamic finance can embrace technology thereby positioning itself at the forefront of ethical finance. Blockchain and automation can play a transformational role in making Islamic finance more accessible to a broader audience. Historically, Islamic finance required more onerous transaction structuring and verification processes, which has resulted in higher financing costs. Blockchain solves this by enabling the use of ‘smart contracts’ which can automatically enforce contractual terms, thereby substantially reducing costs.

Furthermore, the application of machine learning promises to automate back office processes, making Islamic finance institutions more profitable and competitive, with a broader set of digital features to enhance user experience, spanning the acceptance of crypto payments, as well as allowing contactless payments.


Acoin Enables Islamic Economy

In light of the bullish outlook and the strong potential for technology utilization within the Islamic economy, Acoin will enable the advancement of a new, high growth and sustainable Islamic ecosystem. Each of the components in the ecosystem will serve the fast growing, and largely untapped and underserved Islamic economy thereby providing multiple streams of unique, high revenue and profit growth

- Islamic Ecosystem Components -
A-Commerce

The world’s first and only Social Commerce Platform focusing on Halalan Toyyiban & Muslim-friendly Products & Services (No Competitors).

A-Dinar

A globally circulated stable token backed by Fiat currency, assets & gold.

A-Pay

A crypto-fiat currency wallet, payment gateway and a backend-exchange.

A-Blockchain

The strategic foundational technology for A-Ecosystem that aims to provide comprehensive Islamic blockchain applications for enterprises.

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Acoin

Acoin will be investing within the Islamic ecosystem and other Islamic related industries. It will invest in fast growing, and largely untapped and underserved Islamic economy, thereby providing multiple streams for unique high revenue and profit growth, translated into sustainable returns for Acoin holders.




Sustainable returns for Acoin holders

Acoin will be managed by A1 Capital Group (“A1”) - an international asset management company specializing in new, high growth and sustainable Islamic investment worldwide.

A1 invests in A-Commerce, A-Dinar, A-Pay, A-Blockchain and other Islamic related industries.


All profits made by A1’s investment will be distributed as staking rewards to Acoin holders.




Acoin will be issued by A1 Foundation and will be managed by A1 Capital Group.

A total of 1.5 billion tokens will be issued and this amount is fixed.

A-Dinar

A-Dinar, the World’s First Muslim-friendly Globally-circulated Stable Token backed by assets, gold and/or Fiat currency. Its mission is to provide the financial infrastructure required for the economic development of the Halal industry, reduce the circulation cost of Halalan Toyyiban & Muslim-friendly products & services and promote a borderless currency for the world.

A-Dinar will be circulated within the A-Platforms with more than 5 billion potential customers for micro-transactions (Buyers, sellers, manufacturers, business partners and associates) as well as in other conventional Halal retail platforms such as at Starbucks, Coffee Bean etc in future.

Blockchain-based, secured, scalable and reliable, open sourced.

Backed by gold and/or Fiat currency, regularly audited by reputable auditors and published.

Governed independently by the A-Dinar Foundation with a mission to promote the development of the A-Financial Ecosystem.





A-Dinar Reserve
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A stable token backed by assets, gold and/or Fiat currency

A-Dinar is a stable cryptocurrency and will be made available by the cryptocurrency trading platform that buys and sells A-Dinar.

A-Dinar is 100% backed by reserves, which includes cash equivalents. A-Dinar is a 1 : 1 pegged to USD (1 A-Dinar = 1 USD). The value of reserves will be published monthly and audited quarterly. The value of the reserves will match or exceed the value of all A-Dinar in circulation.



aDINAR Blockchain
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A decentralized Muslim-friendly currency system

A-Dinar's goal is to create a decentralized Muslim-friendly currency system for the global Halal economy and meet the daily needs of billions of consumers.

Scalable Architecture: Supports the management of the A-Dinar ecosystem and the addition of subsequent developments and innovations.

High Security: Secure storage of gold and financial data.

High TPS: Supports the large volume of users and transactions throughout the ecosystem with a low latency, efficient and high-capacity storage system.

A-Dinar Blockchain innovatively utilizes a two-later chain mechanism on its main chain: A-Dinar and Acoin.



aDINAR Nodes
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A-Blockchain consist of three types of nodes

Master Node: Master Nodes consists of Islamic companies, non-profit organizations, multilateral organizations, etc from different regions. There will be more than 30+ master nodes at the beginning allotted to founders, who will also become A-Dinar foundation members. Subsequently, 200+ participants will join the network in the following 1 year to accelerate transactions. Also mast nodes can assign a representative to be a member of the A-Dinar Foundation, allowing joint management of A-Dinar.

Peer node: Any computer can be a participant to ensure decentralization.

Reservation node: Meets the reserve regulatory requirements, promotes the reserve and its liquidity.

A-Pay

A-Pay aims to promote the utilization of Acoin and A-Dinar in the A-Ecosystem, by building a platform that provides solutions for time, speed, cost and scalability.

A-Wallet

A multi fiat-crypto currency wallet, with virtual bank accounts and cards. A-Wallet enables cross-border transfers where users can utilize a virtual bankcard to cash out or use cryptocurrencies globally at in-store merchant outlets.

A-Payment Gateway

Further enhances the advantages of A-Wallet by enabling users to pay for goods and services online and offline. The balance is based on the specified fiat currency calculated according to the real-time market price of the crypto-currencies. Users can conveniently select which crypto-currency to use if accepted by merchants or pay in cash.

A-Exchange

Provides users with a wealth of digital asset investment opportunities where users can conveniently trade and swap between cryptocurrencies in real-time.

A-Blockchain

“A-Blockchain” is the strategic foundational technology for the A-Ecosystem which aims to provide comprehensive Islamic blockchain applications for enterprises. A-Blockchain will utilize blockchain in areas such as retail, product certification, fintech, logistics and digital technology, encouraging wide adoption and rapid deployment of its blockchain applications for enterprises in its ecosystem, thereby lowering the costs of blockchain technology; providing credible and trusted enterprise-level blockchain services.

The first five blockchain applications will be created by leveraging on A-Blockchain’s underlying technology and integrating it in the A-Ecosystem.

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Product Certification

Compliance to the quality, hygiene, safety and ethical aspects of the entire production process, ensuring that consumers worldwide enjoy a healthier and guilt-free lifestyle with a total peace-of-mind. All products and services offered by A-Commerce platform require Halal certification and the utilization of blockchain technology for traceability will be implemented as a requirement for participants. It is also the core value of the A-Commerce platform.

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Logistics

A-Blockchain Logistics will integrate logistics and the flow of information via blockchain and electronic digital signature technology. The application will utilize online logistics receipts to facilitate the development of digitized logistics documents and through blockchain technology, create a low-cost and trusted logistic supply chain collaboration platform to ensure standardized operations. Blockchain distributed ledgers and electronic digital signatures will be key in building efficient synergies for entities within the logistics supply chain.

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Credibility Information System

The irreversible transparency and credibility features of blockchain technology enables the A-PLATFORM to develop a set of blockchain-based credibility application systems. Firstly, all identity and behavior data of individuals and entities are managed by blockchain and enter into a credit evaluation network. Secondly, regulatory agencies and social entities can evaluate and offer credit services based on the information on the blockchain. Lastly, the information on the blockchain is complete, true, feasible and ensures privacy.

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FinTech

Through blockchain technology, A-PLATFORM will improve the efficiency of asset securitization, lower the cost and overall risks of participating parties, create a comprehensive blockchain-based supply chain financial system and enhance the effectiveness of transfer of creditor rights. The irreversibility and traceability features of blockchain records the creditors rights for entities and serves as an overdraft or payment due records for financial institutions.

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Value Network

Electronic points are widely used as a form of digital rights. The electronic points issuing platform is based on a centralized database where security and stability is of the utmost importance. The information used for asset circulation and the confidentiality of transactions depends largely on the trust conferred by users to the asset circulation platform.

Advisors

A1 is helmed by a global team of highly experienced, skilled and reputable leaders and subject matter experts within the Islamic world in areas such as finance, technology, entrepreneurship, economy, ecommerce, retail, law, etc. They bring along with them a solid track record of leadership and success in their respective careers and fields. 

Milestones

Creating milestones since inception 

Our Partners

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