What is Maal Chain?

Maal Chain, founded in 2022, utilizes a centralized consensus mechanism within a decentralized framework to enhance security and improve transaction processing times. It employs what is termed the "Concept-of-Identity" as part of its Web3 technology. This architecture aims to address various challenges associated with existing blockchains and decentralized applications.

The Maal Chain follows the Almutaqin consensus model and is designed to align with Maqasid Al Shariah principles, focusing on fairness and equity. Its target use cases include applications for governments, capital markets, insurance sectors, and individuals seeking high levels of security and privacy. The project's governance structure and supply cap details remain unspecified.