**TL;DR:** *HAQQ Network has recently partnered with Tatum to make blockchain development more efficient and innovative. Through this partnership, Tatum's platform will be integrated with HAQQ Network, providing developers with additional tools such as full JSON RPC and a historical data API. As a result, Tatum will have access to a wider range of users within the HAQQ ecosystem and can offer their services and tools to a larger audience. Additionally, HAQQ developers will receive the opportunity to obtain free Tatum plans. We will keep you updated on this exciting integration.*


We are pleased to announce a strategic partnership between HAQQ Network and Tatum, a renowned blockchain infrastructure provider. This collaboration forms a significant step forward in our commitment to enabling businesses to build on multiple blockchains with ease and efficiency.

##Unlocking Advanced Tools for Developers: Full JSON RPC and Historical Data API
Our goal in this partnership is to seamlessly integrate Tatum's platform with the HAQQ Network, enabling the adoption of innovative projects and expanding our user base. A significant aspect of this partnership is the implementation of full JSON RPC, which will provide developers with read/write access to the HAQQ Network using an API key. Moreover, a historical data API containing all project data since the inception of the HAQQ Network will be accessible, giving developers exceptional flexibility and convenience.

##Expanding Tatum's Reach: Access to the Vibrant HAQQ Ecosystem
This partnership also presents an opportunity for Tatum to expand its reach further. By integrating Tatum's comprehensive blockchain infrastructure platform with HAQQ, we are able to provide our growing developer community with a suite of tools and services that will enhance the speed and quality of their application development.

##Exclusive Opportunity: Free Tatum Plans for HAQQ Developers
We are excited to announce that as part of this partnership, we are offering limited free Tatum plans to HAQQ developers in a targeted promotion. XVouchers will be distributed to projects that express an interest in building on the HAQQ Network using Tatum. This initiative is designed to encourage more developers within our ecosystem to utilize Tatum's services and expedite the adoption of our network.

##Towards a Bright Future: Anticipating the Fruitful Integration of HAQQ and Tatum
We eagerly anticipate working closely with Tatum in the coming weeks and months as we finalize this integration. Please stay tuned for more updates on the progress of this partnership and its anticipated benefits to our community.


We are pleased to announce a strategic partnership between HAQQ Network and Tatum, a renowned blockchain infrastructure provider. This collaboration forms a significant step forward in our commitment to enabling businesses to build on multiple blockchains with ease and efficiency.

HAQQ Network and Tatum: A Unified Vision for Blockchain Development

We are excited to announce the development of [HaqqPad](https://haqqpad.com), the premier launchpad for ethical projects and startups. This new project underscores our commitment to nurturing innovation and facilitating growth within the Islamic and ethical finance landscape. HaqqPad will be a vital part of the HAQQ ecosystem. It will offer a reliable platform for innovative blockchain projects to launch, grow and positively impact their community.


## Opportunities for New & Innovative Projects

HaqqPad will provide an array of opportunities for new projects, acting as a token creation factory to expedite the launching of innovative and ethical solutions. Using HaqqPad, project founders will be able to concentrate on vital business development activities and product-market fit from the get-go, alleviating the burden of time-consuming technical developments. Leveraging the platform's unique ability, project founders only need to provide the parameters, and HaqqPad will handle the complex task of token creation and smart contract deployment. 

In addition, opportunities such as token launch and fundraising, liquidity pool creation, and community building will be readily available. Startups will be able to tap into a community of ethical investors, attract supporters that resonate with their mission and amplify their trading experience by utilizing the power of ISLM within the HAQQ ecosystem.


## Benefits for ISLM Holders

For ISLM holders, HaqqPad will open up a wealth of benefits and opportunities. The staking rewards allow holders to earn passive income by staking their tokens. This is a lucrative yield farming mechanism where holders can maximize their returns by providing liquidity and earning fees. 

Additionally, holders will enjoy early access and preferential investment opportunities in ethically driven projects launching on the platform. This ensures that ISLM holders are always at the forefront of innovative and ethical investments. Beyond the financial advantages, ISLM holders play a significant role in shaping the future of ethical finance. They can actively vote on crucial proposals and ecosystem developments, directly influencing the strategic direction and growth of the HaqqPad platform. This democratic participation underlines the platform's ethos – creating a community-driven, equitable, and ethical finance ecosystem.


## A Gateway for Investment Funds

HaqqPad is a narrative-agnostic platform that extends beyond traditional DeFi projects. It embraces the futuristic realms of NFTs, Metaverse, AI, and GameFi, underscoring its commitment to nurturing innovation. Investment funds can benefit from this diversity. They can leverage HaqqPad to gain early access to investment rounds, including seed, private, and angel rounds, in a wide array of ethical projects. 

By delving into this rich pool of opportunities, investment funds can align with projects that resonate with their investment thesis, spanning sectors like DeFi, NFTs, GameFi, and Metaverse. Moreover, these funds can connect with a dedicated community of ethical finance investors actively seeking ethical and Sharia-compliant investment opportunities. In essence, HaqqPad is a versatile gateway for investment funds to explore, connect, and invest in the rapidly evolving landscape of ethical finance.


## Complete Lifecycle Support for Innovative Projects

From the initial application phase to token launch and beyond, HaqqPad will provide an exhaustive suite of services for innovative projects across various sectors. Our seasoned team applies a meticulous vetting process, ensuring that all projects adhere to the ethical values intrinsic to the HaqqPad ecosystem and have a strong potential for meaningful impact. 

This robust support extends into the post-launch phase, offering continual guidance and assistance to facilitate sustainable growth and success. HaqqPad's commitment to comprehensive project support not only fosters confidence among project founders but also aligns with our dedication to nurturing innovation and promoting ethical, impactful solutions in the blockchain space.



## Defining the Future of Islamic Finance Investments

The introduction of HaqqPad is a defining moment in our journey towards fostering ethical blockchain investments. By providing a launchpad for Islamic finance projects and the broader ethical finance community, we are opening the gateway to a wealth of blockchain investment opportunities, advancing our commitment to the evolution of the Islamic finance sector.

As we gear up for this next exciting chapter, we invite you to join us in shaping the future of investments in the Islamic finance landscape. We look forward to your active participation as we unveil HaqqPad. Together, let's unlock the full potential of ethical finance on the blockchain!

Apply now to participate in our ongoing raffle draw. Visit the [HaqqPad](https://haqqpad.com) landing page.

We are excited to announce the development of HaqqPad, the premier launchpad for ethical projects and startups. This new project underscores our commitment to nurturing innovation and facilitating growth within the Islamic and ethical finance landscape. HaqqPad will be a vital part of the HAQQ ecosystem. It will offer a reliable platform for innovative blockchain projects to launch, grow and positively impact their community.

Announcing HaqqPad: A Premier Launchpad for Shariah-compliant & Ethical-focused Blockchain Projects

*Tl;dr: Amid surging DeFi adoption, enabling seamless value transfer between blockchains is vital for an efficient, interconnected web3 ecosystem. As the leading Shariah-compliant ecosystem, HAQQ - a scalable and interoperable L1 with instant finality is committed to ethical finance and sustainable investing practices. We're excited to announce our upcoming integration with Axelar network, a cutting-edge platform that delivers secure interchain communication and powers the interchain future. This collaboration aims to enhance the adoption of Islamic Coin (ISLM), the native token of the HAQQ, bring USDC and drive liquidity into the HAQQ ecosystem, and potentially boost the adoption of our Sharia-compliant gold-backed tokens. Continue reading for the specifics and details about the benefits of this integration for our community.*


## Expanding Cross-Chain Asset Transfer with Axelar's Cross-Chain Network:
Once integrated, the Axelar network's cross-chain technology will complement HAQQ's native interoperability capabilities, further enhancing seamless cross-chain communication. HAQQ, being already compatible with EVM-based chains and capable of leveraging IBC for interaction with other Cosmos-based chains, provides a solid foundation for asset transfers, such as Islamic Coin (ISLM), between various blockchain networks. Axelar also provides [cross-chain deposit addresses](https://axelar.network/blog/one-time-deposit-address-how-it-works) that allow DApps to create onboarding UX that rivals CEX. The integration with Axelar will effectively broaden the adoption of ISLM beyond the HAQQ, opening it up to other ecosystems and empowering users to leverage their ISLM holdings across a wider array of DeFi platforms while adhering to ethical finance and sustainable investing principles.

Additionally, this integration will significantly benefit other projects that utilize HAQQ for deploying their smart contracts and dApps. By integrating AXL token standards into their smart contracts, developers can easily deploy their tokens across multiple networks. Hence, their native tokens will not only enjoy compatibility with EVM chains and Cosmos-based networks but will also become interoperable with other chains supported by the Axelar bridge. This will effectively increase liquidity inflow for dApps deployed on the HAQQ. The combination of HAQQ's native interoperability and the Axelar network's intuitive, secure cross-chain technology creates a powerful synergy, making this collaboration highly promising for our users and the broader DeFi community.

## Welcoming USDC into the HAQQ Ecosystem:
Stablecoins play a critical role in the DeFi landscape, acting as a reliable store of value and facilitating smooth transactions within decentralized applications. Their importance cannot be overstated, as they reduce volatility risks and provide stability essential for the sustainable growth of the DeFi ecosystem. Upon integration, HAQQ users will be able to access and transfer USDC within our ecosystem, thanks to the Axelar network's creation of [axlUSDC](https://axelar.network/blog/what-is-axlusdc-and-how-do-you-get-it), a wrapped version of USDC compatible with their cross-chain bridge. axlUSDC maintains a 1:1 peg with USDC, ensuring users can trust the value of their assets. Furthermore, users will be able to convert USDC to axlUSDC through Axelar's Token Converter, a decentralized and secure platform designed for seamless asset conversion. This process will enable seamless USDC transfers and cross-chain DeFi opportunities, enhancing the versatility of our platform and providing our users with a stablecoin option for their transactions, all while staying true to the ethical values that HAQQ upholds.

## Facilitating financially resilient use cases, e.g. Sharia-compliant Lending:
With improved liquidity on dApps and other protocols in the network, user-facing dApps will be able to connect with other blockchains and assets outside its ecosystem, thereby deepening the liquidity of its Automated Market Maker (AMM pools) built atop its network to provide seamless swaps for trading and transactions. Notably, one of the resultant use cases this could further spawn is Sharia-compliant lending on the HAQQ. In this case, lenders can provide funds to borrowers without interest through profit-and-loss sharing agreements. In addition, AMM pools and tokens accessible to every HAQQ wallet user will go through the Shariah Oracle verification. This will allow for the creation of lending pools compliant with Shariah law by providing a mechanism for investors to contribute funds to the pool and earn a return based on the profits generated directly from the lending activity.
 

## Fostering Shariah-Compliant Gold-Backed Tokens:
HAQQ is actively working on developing Sharia-compliant gold-backed tokens in line with our commitment to ethical finance. Given the challenges associated with USDC and the dollar, such as fluctuating exchange rates, inflationary concerns, and the centralized nature of traditional finance, these Sharia-compliant gold-backed tokens present a compelling alternative for investors seeking stability and adherence to ethical principles. Furthermore, the integration with the Axelar network will expand our users' accessibility to other chains, allowing our gold-backed tokens to span multiple networks potentially, thus increasing their total value locked (TVL) and adoption.


## Improving the Cross-Chain Experience and Mobile Adoption:
As part of our continuous efforts to enhance the cross-chain experience for HAQQ users and other ecosystems already integrated with Axelar, we are researching and working on providing an improved mobile experience. We will natively incorporate Axelar’s 1-click feature into the HAQQ Wallet to allow users to seamlessly transfer funds and assets between blockchains without needing external exchanges or swap platforms.

For example, a HAQQ Wallet user who holds the Islamic Coin in their wallet could easily use the 1-click feature to exchange it for a different Sharia-compliant asset, which can be used on other blockchain-based platforms. This could be done without having to leave the HAQQ wallet or go through the time-consuming process of transferring the assets to an exchange.

Integrating Axelar's 1-click feature into the HAQQ wallet would also give users access to multiple decentralized exchanges and liquidity pools, allowing them to take advantage of better pricing and swap rates. This feature supports general message passing across chains. It would provide a more seamless and user-friendly experience for HAQQ users who wish to engage in cross-chain transactions. This will further push the adoption of ethical web3 investing by making it more accessible and user-friendly, enabling a broader audience to participate in decentralized finance while staying true to their ethical values.


## Transforming Decentralized Finance through Ethical Cross-Chain Interoperability:
The upcoming integration of HAQQ with the Axelar network signifies a significant milestone in our pursuit of cross-chain interoperability while staying committed to ethical finance and sustainable investing. By utilizing their intuitive and secure cross-chain technology, we will expand the adoption of Islamic Coin (ISLM), introduce USDC into our ecosystem, and pave the way for the widespread use of our Sharia-compliant gold-backed tokens. Moreover, our focus on improving the cross-chain experience and mobile adoption will further solidify HAQQ as an attractive platform for users seeking cross-chain DeFi opportunities that align with their ethical values. We are working with Halborn to provide an overall audit of our work, including the partnerships we are expanding as the days go on. Stay tuned for further updates on our exciting journey to transform the world of decentralized finance, one ethical step at a time.

Amid surging DeFi adoption, enabling seamless value transfer between blockchains is vital for an efficient, interconnected web3 ecosystem. As the leading Shariah-compliant ecosystem, HAQQ - a scalable and interoperable L1 with instant finality is committed to ethical finance and sustainable investing practices. We're excited to announce our upcoming integration with Axelar network, a cutting-edge platform that delivers secure interchain communication and powers the interchain future. This collaboration aims to enhance the adoption of Islamic Coin (ISLM), the native token of the HAQQ Network, bring USDC and drive liquidity into the HAQQ ecosystem, and potentially boost the adoption of our Sharia-compliant gold-backed tokens. Continue reading for the specifics and details about the benefits of this integration for our community.

HAQQ x Axelar: Enhanced Cross-Chain Interoperability for Ethical Finance

We are thrilled to announce the release of our much-anticipated HAQQ Whitepaper v2. This comprehensive document is a testament to our commitment to innovation, community impact, and adherence to the principles of Islamic finance.

## HAQQ: A Vision for the Future
HAQQ Whitepaper v2 provides an in-depth exploration of our vision for a Shariah-compliant blockchain platform. It encapsulates our key features, mission, and future plans, demonstrating our commitment to empowering the Muslim community through blockchain technology.

## Shariah Oracle: Ensuring Compliance with Islamic Law
At the heart of the HAQQ is the Shariah Oracle, a unique mechanism that ensures all transactions and operations within the network comply with Islamic law. The Shariah Oracle is overseen by the HAQQ Association Shariah Board, which reviews each proposal within the network and determines its compliance with Shariah Law. This feature is a testament to our commitment to upholding the principles of Islamic finance in the digital age.

## Promoting Shariah Permanence
Our commitment to Shariah compliance goes beyond just transactions. We aim to promote Shariah permanence, ensuring that all aspects of the HAQQ, from its architecture to its community initiatives, align with the principles and norms of Islamic finance. This commitment to Shariah permanence is a core aspect of our mission and vision for the HAQQ.

## Century Coinomics: A New Financial Paradigm
The HAQQ introduces a unique financial model known as Century Coinomics. This model revolves around the Islamic Coin (ISLM), the native currency of the HAQQ. ISLM is used for paying transaction fees, governance, and staking, creating a dynamic and robust financial ecosystem within the network.

## Revolutionary Architecture
The HAQQ is built on a state-of-the-art architecture that leverages the power of the Cosmos SDK and the Tendermint consensus engine. This architecture ensures the network's security, consistency, and instant finality, making the HAQQ suitable for a wide range of applications.

## Incentivizing Builders
We believe in rewarding those who contribute to the growth and development of the HAQQ. Our builder's incentive program is designed to encourage innovation and participation within the network, fostering a vibrant and active community.

## Evergreen DAO: A Sustainable Future
The Evergreen DAO is a non-profit virtual foundation focused on long-term sustainability and community impact. It effectively works as a crypto endowment. In some cases, Evergreen DAO also may fund activities necessary for the HAQQ operations and development. Key decisions are made by a council comprising the top 5 validators of the HAQQ blockchain.

## More than a Blueprint, a Roadmap to Shariah-Compliant Financial Future
The HAQQ Whitepaper v2 is more than just a document; it's a roadmap to a new era of Shariah-compliant blockchain technology. It outlines our vision, our commitment, and our plans for the future, providing a comprehensive overview of what we aim to achieve.

We invite you to delve deeper into the HAQQ by reading the Whitepaper v2. Discover the exciting features, innovative solutions, and groundbreaking ideas that make the HAQQ a pioneering platform in the world of blockchain technology.

Ready to explore the future of Shariah-compliant blockchain technology? Click [here](https://islamiccoin.net/docs/haqq_whitepaper_v_2.pdf) to read the HAQQ Whitepaper v2. Join us on this exciting journey as we shape the future of the world of Islamic finance through blockchain technology.


We are thrilled to announce the release of our much-anticipated HAQQ Network Whitepaper v2. This comprehensive document is a testament to our commitment to innovation, community impact, and adherence to the principles of Islamic finance.

Introducing HAQQ Whitepaper v2: A Revolution in Shariah-Compliant Blockchain Technology

### Intro

To maximize the penetration of Web 3 and cryptotechnologies into everyday life, it is necessary to achieve the same simplicity and convenience in registering and working with wallets obtainable within the web 2 sector. The solution for professionals may not be custodial mobile hot wallets with support for hardware tokens (cold wallets), for example, such as Ledger (a common bundle may be Metamask + Ledger, for example). This bundle is as secure as possible since the key does not leave the hardware token, but at the same time there are all the amenities of mobile or desktop applications, but this solution cannot be scalable due to the cost of hardware tokens. A free alternative (for users) may be non-custodial mobile wallets, but here comes the question of safe storage of a mnemonic phrase or a private key.

Centralized systems have the advantage of password reset, and people are used to reset and recover passwords. But centralized systems carry a huge risk. Annoying incidents, such as the collapse of the FTP exchange and the takeover of Mt. Gox, emphasize the importance of not trusting your keys to centralized services.

In the case of a private key or a mnemonic phrase, there is no way to reset it. The chain analysis believe that between 17 and 23% of the Bitcoin that have been minded today have been lost. In terms of actual BTC, these figures represent between 2.78 and 3.79 million or 71.7 billion USD. Such a huge amount and only in bitcoins, what other amount is lost access to on Eth and other networks…

The task that we decided to set for ourselves is the development of a non-custodial wallet, with the possibility of restoration. A series of articles will be devoted to solving this task.

So, where should you store your digital assets securely, free from hacking risks and the potential for forgetting your key phrase?

### Basic technologies

Let's start by delving into the foundational technologies that can address the given task at hand. Firstly, it is imperative to embark on an exploration of the mathematical framework that underlies solutions.

### Shamir’s secret sharing (SSS) (Lagrange Interpolation Polynomial Scheme)

The Lagrange interpolation polynomial scheme, also known as Shamir’s secret separation scheme or Shamir’s scheme, offers a systematic method of dividing a secret into multiple parts such that the secret can only be restored by collecting a specified number of parts (k ≤ n), with k or more being required. Importantly, possessing k-1 or fewer parts is insufficient for secret restoration. These individual parts can be distributed among various parties, allowing for secure storage in different locations, for instance. As a basic approach, the key can be divided into three parts, with only two parts necessary for key restoration. The underlying algorithm for splitting and restoring the secret operates through polynomial interpolation.

![](https://a.storyblok.com/f/231777/2048x1152/bd095bd8e0/1_dp7szrfgzif7dxpruuyr-q.webp)Original image — [Vlsergey](https://commons.wikimedia.org/wiki/User:Vlsergey) from [Wikipedia](https://en.wikipedia.org/wiki/Secret_sharing)


To ensure that the secret can only be restored by possessing a specific number of parts (k ≤ n), we employ a method whereby the secret is concealed within a polynomial formula of degree k — 1. Both the polynomial and the original secret can only be reconstructed when provided with k distinct points. Notably, there is no limit to the number of unique points that can be derived from the polynomial.

This algorithm is one of the basic ones in threshold cryptography.

#### Features

The advantages of this secret separation scheme include:

- Optimality: There is no redundancy present as each of the secret dependencies is precisely the same size as the original secret.
- Scalability: Within the scheme’s parameters (k, n), the number of owners possessing parts of the secret (n) can be expanded to an additional value § equal to the size of the calculation field. However, the required number of parts (k) needed to reconstruct the secret remains unchanged.
- Dynamism: Is possible to periodically modify the employed polynomial and recalculate the parts while keeping the secret (free term) unaltered. This enhances security by reducing the likelihood of compromising the protection through leaked parts since the secret requires k parts obtained using a specific version of the polynomial.
- Flexibility: In situations where the involved parties possess differing roles or privileges, the scheme accommodates this by allowing multiple parts to be issued to a single party simultaneously.

Disadvantages:

- Unreliability of distribution: by default, the scheme assumes that the one who generates and distributes parts is reliable, which is not always true. The same is true for vulnerabilities, the main point of compromise is the point of collecting and distributing parts of the secret, since at this moment it is complete.
- There is no verification of the correctness of the shadows of the sides: the party participating in the separation cannot say with certainty that its shadow is genuine — when substituting into the original polynomial, the correct equality is obtained.

The algorithm has many implementations, if it is interesting to study it, you can use [Web Demo](http://point-at-infinity.org/ssss/demo.html)

The algorithm has a continuation of the development of VSS — [Verifiable secret sharing](https://en.wikipedia.org/wiki/Verifiable_secret_sharing). There are two different schemes of this algorithm — the Feldman Scheme, and the Benalo Scheme. Both of these schemes are developments on the SSS algorithm. VSS allows group members to verify that their shares are joint (consistent), that is, recreating the same secret. In other words, this scheme guarantees the existence of a secret that participants can later restore, even if the distribution has been changed — intentionally or not.

### MPC

MPC — secure multi-party computation — this is a cryptographic protocol (a set of algorithms) that allows the parties to jointly calculate (receive values) these functions without disclosing their input data from each of the participants to anyone. The task of confidential computing is closely related to the task of secret sharing, so we can say we are increasing the complexity step by step.

The material description of these streams is quite extensive and is not required for a general understanding, it is only important to understand that in MPC, participants calculating any values do not share their secrets with each other.

Especially for cryptocurrency wallets, MPC allows you to create a secure key management system without a single point of compromise, as in the case of secret sharing. MPC allows several parties, for example, a server and a mobile application, to calculate the values of cryptographic functions (transaction signing, key generation, etc.).

Critically important — is the fact that in MPC, a private key is never generated or restored. Instead, specialized MPC functions, such as signatures, take center stage. This key feature distinguishes MPC from classic algorithms, making it impossible to steal a private key that does not exist in the first place.

To exemplify the practical implementation of MPC in the cryptocurrency space, we can look at the successful application of this protocol by two notable companies: Fireblocks and ZenGo.

#### Links

- [Git ZenGo](https://github.com/ZenGo-X)
- [Library with a good example](https://github.com/ZenGo-X/multi-party-ecdsa)
- [Introducing Multi-Party ECDSA](https://zengo.com/introducing-multi-party-ecdsa-library/)
- [Audit](https://github.com/ZenGo-X/multi-party-ecdsa/tree/master/audits)
- [Wallet Example](https://github.com/ZenGo-X/gotham-city)
- [MPC Signal](https://medium.com/zengo/mpc-over-signal-977db599de66)
- [Github](https://github.com/ZenGo-X/mpc-over-signal)
- [TSS Start](https://academy.binance.com/en/articles/threshold-signatures-explained)
- [TSS](https://telaviv2019.scalingbitcoin.org/files/threshold-scriptless-scripts.pdf)
- [IngBank](https://github.com/ing-bank/threshold-signatures)
- [List of implementations TSS](https://github.com/ZenGo-X/awesome-tss)
- [DKG TORUS](https://github.com/torusresearch/torus-node)

### Smart Contract Wallets (CSM)

A very interesting set of solutions where the crypt is actually stored on smart contracts and a user or a group of users manages this smart contract. Such a solution allows you to implement multi-factor input, recovery, and all the other chips of such solutions. The issue consists in the fact that the money is not stored on wallets, but on smart contracts and in fact — not yours. (not your private key — not your money). Because of this, such solutions have to undergo many audits for user trust. But if we exclude errors in the smart contract code (malicious or accidental) and the gas problem, then such wallets are safer and more flexible than classic wallets. Since they can flexibly increase the security level.

And they also often move to Layer 2, to control the cost of gas and for greater flexibility of solutions, including for the implementation of AA — account abstraction.

I will tell you more about the Social recovery crypto wallet in the next article, but for now, a basic overview of what is worth getting acquainted with.

[Intro from Vitalik Buterin](https://vitalik.ca/general/2021/01/11/recovery.html)

[Argent](https://www.argent.xyz/) — a wallet based on a smart contract without a recovery phrase. In fact, the money is stored on a smart contract, and the user only has access to management. The private key is stored encrypted on the phone. The possibility of recovery through splitting the key into “Guardians” and distribution — including hardware wallets and the transfer of parts/rights to other users. There is also its own Oracle for the possibility of restoration. ([additional info](https://medium.com/argenthq/decentralised-and-seedless-wallet-recovery-5fcf7dddd78d))

[Authereum](https://github.com/authereum) — the most confused guys have passed many audits (by Cure53, by Quantstamp, by g0 Group). They try to work on Layer 2, but it seems they could not and [stopped the project](https://medium.com/authereum/an-end-and-a-new-beginning-ae0e2e596e1b). We can say that they are victims of the gas fee.

[Safe Ecosystem Gnosis](https://gnosis-safe.io/) — multisig security is primarily focused on security and access fragmentation. Also, on the basis of Gnosis, you can build whole communities, a very interesting project who does not know about it, I recommend studying it.

Written by [VorobevSA](https://vorobevsa.medium.com/?source=post_page-----e265b3691d04--------------------------------)

To maximize the penetration of Web 3 and cryptotechnologies into everyday life, it is necessary to achieve the same simplicity and convenience in registering and working with wallets obtainable within the web 2 sector

Mnemonic phrase free — Finding Mass Adoption Wallet Solutions

## Introduction

The Shariah Oracle is an on-chain registry of Halal Certificates. It serves as an on-chain mechanism controlling a whitelist of smart contracts allowing for interaction (signing and listing in the in-app marketplace) through the HAQQ Wallet. The Shariah Oracle not only ensures that users interact only with whitelisted, Sharia-compliant dApps, but it also provides smart contract developers and web2 businesses a way to prove their ethical relevance to Muslim users by listing their products and services on the HAQQ Wallet.

## Understanding Oracles and Their Role

Smart contracts, an essential feature of decentralized applications (dApps), enable automated execution without the need for intermediaries. However, they cannot access external information sources, creating a gap between on-chain and off-chain worlds. To bridge this gap, oracles, such as the Shariah Oracle, retrieve and reconcile data from various sources, making it available to smart contracts. They retrieve data through several methods, including:

- API Calls: An Oracle can retrieve data from external APIs, such as weather APIs, market data APIs, and social media APIs.
- Distributed Ledger Oracles: An Oracle can retrieve data from other blockchain networks, such as Bitcoin or Ethereum.
- Consensus-Based Oracles: Oracles can retrieve data from multiple sources and use consensus algorithms to validate the accuracy of the data. This approach ensures that the data fed to the smart contract is reliable and trustworthy.
- Trusted Data Sources: Oracles can retrieve data from trusted data sources, such as data feeds provided by reputable companies or organizations.

## The Shariah Oracle and its Purpose

The Shariah Oracle serves as a critical measure to minimize unethical or Haram activity in the HAQQ network. By integrating the Shariah Oracle with the HAQQ Wallet, only whitelisted, Sharia-compliant dApps are accessible to users. This unique feature enables developers to demonstrate their ethical relevance to Muslim users and to list their products or services on the HAQQ Wallet, thus increasing their chances of adoption and success.

## How Does the Shariah Oracle Work?

The Shariah Oracle operates on two levels of approval: Community approval and Shariah board approval. Community approval is granted by ISLM stakers, enabling the project to be listed in the HAQQ Wallet Marketplace. The Shariah Board gives Shariah Approval, allowing projects to receive a Shariah Compliant label in the marketplace. The Shariah Oracle also has a warning feature that alerts users when they attempt to sign any transaction on non-community-approved contracts, thus enhancing the security of the HAQQ Network.

## Maintaining Decentralization in the Shariah Oracle

Despite the additional feature of Shariah Compliance, the HAQQ Network doesn't impose centralization. The Shariah Oracle influences only the HAQQ Wallet behavior and not any other aspect of the HAQQ network or Layer 1. As a result, users not concerned about Shariah compliance can still interact with any smart contract deployed on the HAQQ Network via Metamask or any other EVM-compatible wallet.

## Value Proposition of the Shariah Oracle

The Shariah Oracle offers a significant value proposition by ensuring that all smart contracts interacting with the HAQQ Wallet are Shariah-compliant, thus adhering to Islamic principles and ethics. This feature benefits Muslim users and ESG-driven investors who prioritize ethical investing practices. Additionally, it helps to mitigate common front-end attacks, enhancing the security of the HAQQ Network.

## Technical Architecture of the Shariah Oracle

The Shariah Oracle operates through a series of steps at both the community and Shariah Board approval levels. From proposal submission, voting, whitelisting (or SBT issuance) to Shariah board approval and possible revoking of approval, the process is designed to be transparent, secure, and efficient.

**Community Approval Process:**

- Proposal submission: An $ISLM staker submits a proposal for community approval via gov module
- Deposit: Proposals must be submitted with a minimum deposit to prevent spam.
- Vote: Community participants vote on the proposal.
- Whitelist (SBT issuance): Once approval is done, SBT is issued over a smart contract.

  
  ![](https://a.storyblok.com/f/231777/2000x1203/1bb7fe9ee3/community-approval-process_1.png)

**Shariah Approval Process:**

- Proposal submission: An SBT token holder can submit a proposal for Shariah approval for ONLY a community-approved smart contract.
- Deposit: Proposals must be submitted, which serve as audit fees for the board or authorized auditors. Hence it is non-refundable.
- Shariah Board approval: After the community approves a smart contract, the Shariah Board conducts an audit and provides feedback. The project team implements the feedback, and the board conducts a final review, either approving or rejecting the smart contract for Shariah compliance. No community vote is required for this process.

  ![](https://a.storyblok.com/f/231777/2000x1203/55de142c85/shariah-approval-process_1.png)

## Revoking Shariah approval

If a project marked as Shariah-compliant deviates from the prescribed guidelines, it is flagged and provided a grace period of three to six months to rectify the issues. During this time, any HAQQ community member who chooses to engage with the associated contract will receive a warning notification that the project is not approved. Suppose the grace period expires without the necessary corrections made by the project. In that case, the HAQQ Network will impose restrictions, preventing HAQQ wallet users from accessing such contracts only if the user has set Shariah approval as his preference. However, these contracts can still be interacted with via Metamask or any other EVM-compatible wallet.

## Future Developments

The Shariah Oracle seeks to enhance its processes by implementing authorized Shariah auditors in the future. This plan aims to streamline the audit process, promote decentralization, and avoid bottlenecks. **The Shariah Oracle is expected to go live in Q3 2023**.

## Conclusion

The Shariah Oracle is an innovative blend of blockchain technology, Islamic principles, and ethical investing standards. By ensuring only Shariah-compliant dApps are accessible via the HAQQ Wallet, it offers ethical compliance in the rapidly evolving digital finance ecosystem. Its unique two-tier approval system bridges the gap between technology and tradition, fortifying the network's security while preserving decentralization—a cornerstone of blockchain systems.

Looking ahead, the introduction of authorized Shariah auditors will further streamline the compliance process, promoting a robust, inclusive, and regulated ecosystem. Set to go live in Q3 2023, the Shariah Oracle stands as a significant milestone at the intersection of modern finance and faith-based ethics, laying the foundation for a more equitable and sustainable financial future.

The Shariah Oracle is an on-chain registry of Halal Certificates. It serves as an on-chain mechanism controlling a whitelist of smart contracts allowing for interaction (signing and listing in the in-app marketplace) through the HAQQ Wallet. The Shariah Oracle not only ensures that users interact only with whitelisted, Sharia-compliant dApps, but it also provides smart contract developers and web2 businesses a way to prove their ethical relevance to Muslim users by listing their products and services on the HAQQ Wallet.

Shariah Oracle – an on-chain registry of Halal Certificates

*A strategic partnership between [haqq.hetwork](https://www.haqq.hetwork/)  and [sushi.com](https://www.sushi.com/) set the stage for the global Muslim community and ethical finance enthusiasts to access enhanced DeFi services. This collaboration will position Sushi.com as an initial decentralized exchange (DEX) for HAQQ and Islamic Coin users in the near future. Key benefits to anticipate include opportunities for liquidity mining, profit sharing from pools, and convenient gas top-ups, thanks to Sushi's multi-chain deployment. This progressive integration underlines our commitment to establishing an accessible and profitable DeFi environment for the global Muslim community.*

We're thrilled to announce a ground-breaking partnership between Sushi.com (SUSHI) and Haqq.Network. This alliance positions SUSHI as the initial decentralized exchange (DEX) for Haqq.Network and Islamic Coin users, marking a new era for the global Muslim community and ethical finance enthusiasts.

SUSHI, a powerhouse in the DeFi space, supports an extensive range of tokens and handles daily trade volumes between $50 million to $150 million. With a total value locked (TVL) of approximately $1.14 billion, this integration offers a robust and secure platform for our community members, particularly the faith-driven investors seeking to engage in halal financial activities.

Community members can provide liquidity and stake their assets in a Haqq-created pool on SUSHI, earning $ISLM tokens during the liquidity mining period. Mining participants will also share in the profits generated from the pools, a considerable advantage for our community.

On the other hand, Sushi DEX users on HAQQ will be able to tap into this liquidity, ensuring they always receive the best price for any pair across all supported chains. This partnership also creates an accessible gateway for users on other chains to swap tokens from the source chain to Haqq Network's native token, $ISLM.

SUSHI's impressive UX, engineered for the global community of DEX traders, is another key aspect of this partnership. The collaboration ensures that Haqq and Islamic Coin communities benefit from the seamless and user-friendly interface of Sushi. With Sushi's deployment on 18 different chains, including HAQQ Network, users can effortlessly top up gas on their wallets via swaps on any source chain supported on SushiXSwap.

In conclusion, this partnership is not just an integration; it's a strategic move that signifies a new chapter in the world of DeFi. It's a step towards an inclusive financial landscape, opening up opportunities for the global Muslim community and ethical finance enthusiasts. This integration brings two billion faith-driven investors closer to their heritage while providing a platform for them to partake in the DeFi revolution.

Get ready to start trading on Sushi via the HAQQ Wallet and provide liquidity to earn ISLM tokens and a share of the HAQQ pool profits. Together, let's usher in this new era of ethical DeFi experiences, one transaction at a time.

Stay tuned for more updates on this exciting partnership, and join our growing community as we continue to redefine the DeFi landscape for the global Muslim community and ethical finance enthusiasts.


A strategic partnership between haqq.hetwork  and sushi.com set the stage for the global Muslim community and ethical finance enthusiasts to access enhanced DeFi services. This collaboration will position Sushi.com as an initial decentralized exchange (DEX) for HAQQ and Islamic Coin users in the near future.

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