QIE Blockchain
Crypto Overview
Purpose and Utility Analysis
QIE Blockchain is presented as a decentralized blockchain platform focused on secure data storage and enterprise solutions. The project claims to offer smart contract functionality and decentralized application (dApp) development capabilities.
Business Model Evaluation
The business model centers around providing blockchain infrastructure services for enterprise use cases. No inherently haram activities like interest-based lending or gambling have been identified in the core protocol.
Real-World Adoption
Current adoption appears to be in early stages with limited verifiable real-world implementation. However, this is not a concern from a Sharia compliance perspective.
Platform Development
The project maintains an active GitHub repository with regular commits, indicating ongoing development efforts. The development team appears to be focused on infrastructure improvements and smart contract capabilities.
Token Distribution Analysis
Token distribution information shows a significant portion allocated for development and ecosystem growth, with standard vesting schedules for team tokens. No concerning patterns in founder token holdings or distribution have been identified.
Crypto Impact
To assign a comfort level investing in QIE Blockchain 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 QIE Blockchain.
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.