A researcher concludes bitcoin in the viewpoint of sharia law. The results boosted the exchange rate of Bitcoin up to US $ 1,000 in just one hour.
The study comes from Muhammad Abu-Bakar who works for Blossom Finance in Indonesia. The study’s focus is on whether Bitcoin and other crypto currencies are compatible with the definition of money in sharia law.
In that study, Bitcoin’s position is already recognized as a currency in Germany so it qualifies halal in the country. “Bitcoin is allowed because it is valued in a global trading center and accepted as payment in many traders,”.
The study also refers to the fact that Bitcoin is now relatively accepted by individuals as a medium of personal transaction exchange.
The conclusion of the matter of halal and sharia according to Abu Bakar’s study is expected to develop the potential of Bitcoin around the world, especially for Muslims amounting to 1.6 billion.
“Some of the fatwas issued by prominent Muslim researchers have previously offered incomplete and contradictory opinions on this topic,” said Blossom Finance CEO Matthew Martin as quoted by The Independent on Friday (13/4).
Martin calls this research aimed at providing clear guidance supported by solid research that helps laypeople and sharia finance practitioners.
Increase Exchange Rates
Before the conclusion of this research emerged, the exchange rate of Bitcoin skyrocketed on 12 April. Within an hour alone, its value increased by US $ 1,000. This makes it the biggest transaction in an hour.
The news that this halal Bitocin can be predicted could increase its exchange rate even further.
Blossom Finance is a pioneering company that provides Islamic finance for micro businesses through Bitcoin. The company is based in the United States but also has offices in Jakarta.
The company is led by Matthew J. Martin, as President and CEO of Blossom Finance. While Mufti Muhammad Abu Bakar himself is Head of Sharia Compliance.
Twilio stocks reveal a promising Technology IPO Company
Twilio, unrecognized PaaS cloud communication company has successfully flown to be the largest IPO technology this year in the US Stocks by an epic increase from last January of more than 160%
Twilio price share initialy was at 15$ and currently at 91$ , its known that the company allows APP developers to add programmable voice call,SMS,Chat,Videos,SIP Trunking functions with small code snippets.
Wendee, WhatsApp, and eBay represent some of their customers, this proves that the company got a recognition from the technology market but this is a long way and the company doesn’t announce any special news on the scene.
Will Twilio maintain growth rate over the next months? share with us your decision for batter analytic reports
Apple,Disney enter the Streaming TV Market from some door
Apple and Disney, YouTube, Netflix,Amazon,Google for batter ecosystem !
Youtube is the most popular streaming video service ever known without any doubt and from last year Youtube began publishing YouTube TV where directly attacking the cable industry , YouTube even planning to provide families with local TV contents where will use Google Voice Assistant till we arrive and watch our favorite TV shows with no need of remote and lots of menus.
But the important reports a couple days ago reveals that Apple preparing to launch a streaming TV service next year. The TV streaming service will be available in 100 countries meanwhile Disney thinks to stream media TV services by providing programs directly to consumers.
From long time ago Apple trying to open the TV market but Apple relays heavily on hardware and recently Apple increasingly began to invest heavily in original content and by 2022 Apple will invest sum of 5.2 $ billion
in original content, this is really huge and proves that the technology giant will invest a lot of money in order to build their own media network.
From some side Netflix will invest $ 8 billion this year to produce original programs, Amazon’s by its role investment has 100 million Prime users. Netflix, Amazon, Apple and Google heavily investing in batter technologies and developing their own ecosystems by understanding their users and provides them with high-quality services.
long-term investments think that the giant’s technologies will keep launching media services and erode users of cable companies. and epically we saw a slow neglection of the traditional cable TV services.
However in last December Disney announced the 53 $ billion M&A with 21st Century Fox make them the largest media network and in August, Disney CEO Bob Iger promised that the prices of the new services will be quite competitive because Disney’s contents will be converted into digital streaming channels, and this is not gonna be something stranger for Apple and Disney enter the TV market from the same door of the streaming TV market because they are already old friends.
Facebook Youtube Netflix Video Ads
Facebook Youtube Netflix Video Ads :
Youtube will be paying creators to promote youtube’s features including super chat, merchandising program, meanwhile, Netflix Video Ads still in testing mode, the video ads that will show up between episodes, on some time Facebook has acquired the small team behind Vidpresso live video.
Facebook acquihires Vidpresso as it races to offer interactive video tools so it can beat YouTube & Twitch for the hearts of creators https://t.co/tfGrCW5VPF
— Josh Constine (@JoshConstine) August 13, 2018
Facebooks also testing its live video new feature the scheduled live video post layout, the official size of the image hasn’t yet revealed but it seems to be cropped like the cover image,
still, image ads are also one of their new features that will become more attractive by adding the new process that will convert the still images ads into video ads, it’s just a lightweight motion will be added to still images.
while many critical posts talking about the unskippable ads made by Netflix, but Netflix is meant to serve its users while finishing watching an episode and waiting until the next one to buffer, Netflix says that they are testing recommendations feature between episodes in order to help members discover stories they may enjoy
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