Image Courtesy: Shutterstock

Islamic Finance

IsDB Institute secures US patent for ‘Proof-of-Use’ blockchain model


The Islamic Development Bank Institute (IsDBI) has received a US patent for a blockchain consensus mechanism known as Proof-of-Use (PoU), a system designed to support digital financial services and expand innovation in the Islamic fintech sector.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

Author Profile Image
Muhammad Ali Bandial