Zeusshield
Crypto Overview
Zeusshield (ZSC) is a blockchain-based insurance and credit platform that aimed to provide decentralized insurance services and credit assessment solutions. The project was launched in 2017 with the goal of revolutionizing the insurance industry through blockchain technology.
The intended utility of ZSC tokens was to facilitate insurance contracts and credit assessments on the platform. Token holders were meant to be able to participate in the ecosystem by accessing insurance products and credit services.
However, as of 2024, there is extremely limited information available about current development or usage of the Zeusshield platform. The project's official channels and website appear to be inactive, with no significant updates or communications in recent years. There is no evidence of active development, partnerships, or real-world adoption of the platform's intended insurance and credit assessment services.
The token exists primarily on secondary markets with minimal trading volume, suggesting that any current usage is primarily speculative rather than utility-based. While the original concept of providing insurance services through blockchain technology could potentially be Sharia-compliant, the apparent abandonment of active development raises concerns about the project's viability.
Crypto Impact
To assign a comfort level investing in Zeusshield 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 Zeusshield.
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.