Re: Block chain
Dear Mr. Jeffrey
It was a pleasure talking to you yesterday. I got your email address from Sheikh labor Al Thani and he advised me to get in touch with you.
As agreed over the phone, kindly brief me with details about block chain pointing out the Structure, How it works ? being as a ledger of information / bitcoin's transaction, the Legislation and legal point of view, any agreements available, dealers rights and obligations ...etc
Such brief will help to understand the idea in order to obtain our shariah scholar opinion
Thanks and Best Regards,
Fawzi Siam
http://blockgeeks.com/guides/what-is-blockchain-technology/ i will try to go down two paths . 1 to explain blockchain tech to you, i will follow by sending articles more in depth. please feel free to call with questions. 2 then the question of soverign involvement could and would be very exciting. In order to be designated a currency a digital blockchain version would need soverign guarantee. It would be revolutionary for your part of the world to innovate in the financial sector. combined with a sharia compliant new currency. . with block chain , your contract execution is inherent to the code of the transaction so in keeping with sharia law , the contract would self execute making any unilateral changes impossible.
Thanks for your prompt reply. I will spend more time in weekend to read more articles about block chain which is clearly a revolutionary innovation technology
What is the cryptocurrecny will be used in case you are not talking about bitcoin?
In addition to below and above inquires , kindly send your ( idea•proposal ) showing the block chain with the sovereign involvement and guarantee which will facilitate the establishment of such new technology
Such illustration will enable us to provide the picture clear for obtaining shariah opinion
the idea is with your help we create the new currency. with your guidance it is sharia compliant and unique in
the world.
The feedback and the information from your side is not clear and enough. Sheikh Waleed Ben Hady ( my boss — shariah scholar ) will be in London next week. I can arrange a meeting between you and him if you are willing to go there
Please confirm by return
sorry, I m aware that you have only received the introduction. . will check the upcoming schedule. does the sheik or you feel comfrortable on skype?
No. I will arrange ASAP and get back to you
Does today work
