QCHAIN
Crypto Overview
Purpose and Utility
QCHAIN (QDT) presents itself as a decentralized blockchain platform focused on providing solutions for supply chain management and traceability. The project aims to utilize blockchain technology to create transparent and efficient supply chain tracking systems.
Business Model Analysis
The platform's core business model appears to revolve around legitimate supply chain management activities, which aligns with halal principles as it provides real utility in tracking and verifying products through their lifecycle. No evidence was found of involvement in prohibited activities such as interest-based lending or gambling.
Development and Adoption
The project shows limited but ongoing development activity. While adoption remains in early stages, this is not inherently problematic from a Sharia compliance perspective.
Token Distribution
The token distribution appears relatively balanced, with no concerning concentration in founder wallets. Vesting schedules are in place for team allocations, indicating some level of commitment to long-term development.
Technology Review
The platform utilizes standard blockchain technology for supply chain tracking, with no apparent integration of interest-bearing mechanisms or other problematic features from an Islamic finance perspective.
Crypto Impact
To assign a comfort level investing in QCHAIN from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to QCHAIN.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.