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Muslim Charitable Foundation Uses Blockchain Technology to Disseminate Islamic Teachings and Improve Community Life

British Weekly Published: May 2, 2023 | Updated: May 2, 2023 2 min read

Headquartered in the United States, the Muslim Charitable Foundation (MCF) is a non-profit organization founded by a venture capital firm focused on Web 3.0 and blockchain technology. The foundation aims to promote blockchain knowledge, spread Islamic teachings using blockchain technology, and improve the lives of Muslim communities.

Since its inception, the foundation has been deeply involved in the development of Muslim communities around the world. It has supported and assisted Muslim communities worldwide in educational, health, social and economic areas. In addition to providing material assistance, MCF is also committed to using highly secure and transparent blockchain technology to spread Islamic teachings.

According to the organization, the decentralized nature of blockchain technology will preserve the authenticity of Islamic teachings as much as possible and help it last longer. The security of blockchain technology also eliminates the possibility of teachings being tampered with or lost, which deserves praise and support from the Muslim community worldwide.

MCF is managed by Silicon Valley professionals with years of experience building, maintaining and using blockchain technology. As a non-profit organization, MCF is responsible for spreading Islamic teachings, improving community life, educating investors, providing risk warnings, reviewing blockchain technology projects, training and certifying blockchain technology personnel, monitoring the use of funds, and requesting a higher network security performance. Therefore, MCF signed a five-year on-chain security plan with a Harvard computer science professor to ensure the stable and secure operations of the foundation.

Recently, MCF announced that it receives donations from multiple international organizations and institutions every month, and the foundation shared the news on the blockchain network. After team discussions and joint investment by the foundation, the donated funds will continue to be used over the next ten years to spread Islamic teachings in batches and stages using blockchain technology, thus improving the quality of life of the Muslim population and creating daily conveniences.

The founder explained that this plan will work with Muslim organizations and institutions worldwide to jointly promote the application of blockchain technology in the dissemination of Islamic teachings, which will promote the further development of the global Muslim community and encourage friendly exchanges and cooperation between the people should promote nations.

MCF is the world’s first Muslim charitable foundation with a responsibility to promote the excellent tradition of Islam, to be charitable and to be responsible for the correct dissemination of teachings and the improvement of the quality of life of fellow Muslims, while promoting the healthy development of Muslim communities. Going forward, the foundation will work with partners from all walks of life to promote the widespread application of blockchain technology in Islamic education and social services, creating a brighter future for the global Muslim community.

  • World Newswire

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