Malaysian-based firm Helzold has received a syariah-compliant certification for its gold-backed cryptoconce and this year after the company plans to launch its online gold platform in Thailand, the company said.
At the end of last year, its cryptrocessing product was launched and certifications were found from Malaysian financial consultancy Amanie W. Adoviser, said Chief Marketing Officer Manuel Ho.
Compared to other cryptographers, GOLDX releases a Token supported by a social stock stored in Singapore Vault and needs to be completed within a certain time, Ho said.
This means that the process of processing and monitoring of resources can deal with transparency, certainty and transaction - important policies of Islamic financial instruments.
Compared to last year, a mobile app has been launched in Malaysia, which is based on BlockKen, which has emerged as the first bitcane to make digital currencies easier.
That mobile app, which allows users to buy and sell physical investment grade gold, has also been certified by Amanie Advisor.
Hellogold plans to expand its gold platform in Thailand next year, which is potentially joining the third market by the end of the year, Hu said.
This company is looking for other unsecured resources for BlockKeen technology, which is affiliated with a partner electronic laser which allows teams to track tracking information through secure networks.