Silent Notary
Crypto Overview
Project Overview
Silent Notary is a blockchain-based platform that aims to provide digital notarization services. The UBSN token is used within the ecosystem to pay for notarization services and verify digital content authenticity.
Purpose and Utility
The primary purpose of Silent Notary is to provide immutable proof of digital content existence and ownership. Users can notarize documents, emails, messages, photos, and videos on the blockchain. The UBSN token serves as the native currency for accessing these services.
Business Model Evaluation
The business model focuses on legitimate document verification and timestamping services, which aligns with Islamic principles of transparency and truthful documentation. The platform does not engage in interest-bearing activities or prohibited industries.
Adoption and Usage
While the platform has been operational since 2018, current usage appears limited. The project maintains development activity, though at a modest pace.
Token Distribution
Token distribution information shows a relatively widespread allocation, with no concerning concentration among founders. Smart contract analysis shows no unusual patterns in token movements that would suggest manipulation.
Crypto Impact
To assign a comfort level investing in Silent Notary 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 Silent Notary.
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.