Blockchain
LBank Exchange Will List Marhaba Network (MRHB) on February 17, 2022
Internet City, Dubai–(Newsfile Corp. – February 15, 2022) – LBank Exchange, a global digital asset trading platform, will list Marhaba Network (MRHB) on February 17, 2022. For all users of LBank Exchange, the MRHB/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on February 17, 2022.
Figure 1: LBank Exchange Will List Marhaba Network (MRHB) on February 17, 2022
As an ethical decentralized financial platform, Marhaba Network (MRHB) DeFi aims to bridge the gap between the Muslim community and the blockchain world. But as the name Marhaba which means “Welcome” in Arabic indicates, it has a vision of bringing a platform that includes all communities, rather than making it an offering exclusive to only Muslims. MRHB, the utility token of the platform, will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, to further expand its global reach and help it achieve its vision.
Introducing MRHB DeFi
MRHB DeFi is an ethical decentralized financial platform that encourages participation in this new era of financial revolution and aims to uphold halal standards within cryptocurrency offerings via a user-friendly interface that simplifies the complexities of DeFi. Through its technical expertise and extensive knowledge of how the Islamic ecosystem works, MRHB DeFi will aim to bridge the gap between the Muslim community and the blockchain world.
MRHB DeFi is a platform built to promote the true spirit of an “Inclusive DeFi”, where all communities, including the ones from the Islamic world, can reap the rewards of DeFi. Based on the core principles of blockchain such as trust, transparency, and security, MRHB DeFi has focused on encapsulating Islamic Finance principles in the blockchain. Smart contracts play a crucial role in the MRHB ecosystem, they are set to prohibit the use of any ‘haram’ assets, ensuring that halal principles are upheld while trading or investing in cryptocurrencies.
The platform offers numerous products and services, including Sahal Wallet, a non-custodial iOS and Android wallet that allows only compliant tokens to be stored, transacted, and managed by the user; Souq NFT, a cross-chain “no-code” marketplace to encourage and promote Islamic arts and contemporary calligraphy; Liquidity Harvester, a cross-chain passive income generator (5 – 15%) for the masses; Cross-Chain DEX Aggregator, an aggregator serving to bring the best rates with minimal slippage and TX fees wherever possible; Interest-Free Lending and Borrowing; DePhi Protocol, a decentralized philanthropy protocol relying on ZK-Snarks privacy to maintain privacy and anonymity; Launchpad, a decentralized cross-chain Launchpad funding and building the start-ups of tomorrow within the blockchain space; Governance and DAO, a DAO handed over to MRHB holders via governance.
Powered by a team of dedicated experts in the fields of finance, technology, and Islamic finance & theology, MRHB DeFi welcomes all to a world full of decentralized financial opportunities.
About MRHB Token
MRHB is a utility token that is initially minted on the BSC. It will be used to facilitate the entirety of the MRHB ecosystem. The MRHB token is Halal and will maintain compliance throughout its existence. It has utilities in platforms and services such as NFT Minting Platform, NFT Marketplace, Liquidity Harvester, Sahal Wallet, MRHB Launchpad, MRHB DEX, Incentivisation, and Governance.
The MRHB DeFi ecosystem has a total supply of 1 billion (i.e. 1,000,000,000), which means that the number of tokens that will ever be minted for the platform will be a maximum of 1 billion, and this number can never be changed. 30% of it is sold as a part of the seed round, 3% is sold as a part of the strategic round, 9% is provided for the pre-IDO public sale, 1% is provided for the IDO sale, 7% is provided for strategic partnerships, 15% is allocated to the team, 5% is allocated to advisors, 10% is provided for platform rewards, and the rest 20% is provided for the treasury.
The MRHB token will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, investors who are interested in MRHB DeFi investment can easily buy and sell its token on LBank Exchange then. The listing of MRHB on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about MRHB Token:
Official Website: https://mrhb.network
Telegram: https://t.me/mdf_official
Twitter: https://twitter.com/MarhabaDeFi
Discord: https://discord.com/invite/DubSjKmkBX
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4419379306777-MRHB-Marhaba-Network-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
l Facebook
l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
MRHB Network
[email protected]
PR Contact:
ZEXPRWIRE
[email protected]
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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