MaalChain Launches: Pioneering Ethical Governance in Blockchain with Seamless Regulatory Integration - Chainwire

27Sep

MaalChain Launches: Pioneering Ethical Governance in Blockchain with Seamless Regulatory Integration

Kuala Lumpur, Malaysia, September 27th, 2023, Chainwire

MaalChain, an avant-garde blockchain platform, is championing the cause of regulatory compliance and ethical standards, effectively resolving impediments that have impeded the widespread embrace of blockchain technology. Employing groundbreaking concepts such as the “Concept-of-Identity,” MaalChain serves as a conduit for ensuring adherence to pivotal regulations, a prerequisite for governments and financial institutions.

Introducing MaalChain: A New Standard in Ethical Blockchain Governance

What sets MaalChain apart is its unwavering dedication to equitable and ethical governance, fortified by security and operational efficiency. The network amplifies its governance authority via the MaalChain Validator DAO, thus ensuring a collective and comprehensive approach to decision-making. The DAO comprises 150 validators, ranked per their MAAL coin holdings and successful KYC verification. Validator privileges are conferred via non-fungible tokens (NFTs), guaranteeing DAO membership with an obligatory five-year vesting period.

Ethical standards are an immutable pillar upheld through governance mechanisms, underpinning incentives tied to transaction fees and staking rewards, with an imposed ceiling of two validator NFTs per entity to forestall undue influence. Validators reserve the option to augment their MAAL coin holdings, thus securing enhanced rankings within their respective strata.

The discerning Al-Muttaqin artificial intelligence system scrutinizes and sieves project listings on the MaalChain platform. Those projects that emerge victorious in this rigorous screening process acquire the coveted blue ticks, while projects adhering to Shariah principles earn the esteemed golden ticks. This rigorous system ensures an unwavering commitment to accountability and compliance.

The Main Mission of MaalChain

MaalChain, with its sights set on a metamorphic transformation of global business interactions, seamlessly integrates compliance into its overarching ethos. This paradigm shift is underpinned by incorporating diverse ecosystems such as Ramz MarketCap, RamzSwap, and the PanSEA NFT marketplace, all of which undergo rigorous KYC and verification processes.

Trust, security, equity, and efficiency constitute the bedrock upon which MaalChain’s aspirations are built, heralding a transformational era for blockchain technology. This recalibration makes blockchain technology an irresistible proposition for Islamic communities and those searching for an ethical blockchain solution.

MaalChain’s Layer-2 EVM blockchain, heralding improved transactional velocity and significantly reduced costs compared to other platforms, empowers governments and financial institutions to deploy customized regulations through private dApps. The seamless integration of EVM tools streamlines the deployment of dApps.

The unassailable guarantees of security, privacy, and ethical integrity render MaalChain an attractive proposition for both utilization and development. The impending Initial Exchange Offering (IEO) on the P2B exchange will offer MAAL tokens to discerning investors.

The MAAL tokenomics structure, with its fixed 10 billion supply, serves as a deflationary measure to ensure long-term sustainability. Further announcements regarding the availability of Centralized and Decentralized Exchanges (CEX and DEX) are forthcoming.

MaalChain stands resolute, charting the course of blockchain’s evolution, firmly rooted in the principles of integrity, regulatory compliance, and ethical excellence. Its remarkable technological innovation is poised to reshape the landscape of global business interactions.

About MaalChain

MaalChain is a pioneering blockchain platform headquartered in Kuala Lumpur, Malaysia. It is at the forefront of revolutionizing global interactions by seamlessly integrating compliance into its network, ensuring regulatory adherence and ethical excellence for businesses and governments alike.

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