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12/26/2017 Halal Chain

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UAE Minister of Economy invests strategic investment in Halal-chain project
2017-12-18 source： click：1257

2017-12-18
Blockchain technology has the characteristics of decentralization, irreversible data, and traceability, As these characteristics of the
blockchain more and more attention, various industries are actively exploring how to combine block chain to create a new industry
picture.

H.E. Sudan Bensayi Demansur, Minister of Economic Affairs of the UAE
Recently, halal chain, a co-founder of the United Arab Emirates Minister of Economic Affairs, Sudan Bensayi Demansur, Special
Representative of the United Arab Emirates Ministry of Economic Industry Assistant Minister Abdullasudan Alfans, a cordial audience.
His Excellency the strategic positioning of the halal chain project and the UAE's high degree of alignment with the advanced economy
and the Islamic economic industry, he said the importance of the block chain, the Internet of things, the Islamic economy and finance
was self-evident to the UAE, Halal chain a strategic plan to build the first public chain of the Muslim world and provide multiple
functions such as food traceability and electronic payment systems, which coincides with the UAE's high-end economic planning, and
he himself, on behalf of His Excellency the Minister, highly recognizes and supports the Halal chain project, And in the future policy
development will fully consider halal chain development plan, in order to achieve the Halal Chain project strategic planning and
services in the UAE's high-end economy and Islamic economy long-term development plan.

Meanwhile, the UAE Minister of Economy, Sudan Bensayi Demansur, has invested in the halal chain project.
The halal chain is not only the food traceability chain, but also includes clothing, cosmetics, tourism and many other industries, The
halal chain will be committed to the use of the block chain technology through the entire Halal industry. Apart from the real economy,
because Islamic finance has its own uniqueness, many economic activities prohibit interest, so halal chain can also use block chain
technology to assist Islamic finance development. As a result, the Halal chain project has attracted the attention of several Muslim
countries.

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