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The World’s first Islamic banking service on the blockchain, Hada DBank, has formally announced its partnership with blockchain-based Venture Capital powerhouse, DE Asset Management. The long-term partnership will see both companies synergize their efforts, working closely to deliver banking services as soon be – transparent and risk sharing – through blockchain technology.
A Driven Company
DE Asset Management is no stranger to blockchain investment. As an early adopter in the crypto industry, the company has invested in several startups spread across the globe, including Infobeing, FuelDapp, Paymon, and many more. However, its partnership with Hada DBank is its strongest alliance to date. The partnership will help DE Asset Management develop and launch its own cryptocurrency fund through Hada DBank; an ambition that has been given a shot in the arm through the contribution of $500,000 to Hada DBank’s ongoing Token Generation Event.
Founded in 2010 under the name Darrell Emmanuel Asset Management as sole proprietor, DE started off investing in the energy sector, heavily focused on green energy solutions before shifting their investment focus on the employment Industry where they had measured success. Following this, DE moved into the healthcare sector where they sought to improve quality of service to considerable success. In 2017, DE finally decided to bring their business acumen to the fastest growing and most exciting market known to man; the blockchain. They are now responsible for successfully championing the cause of several blockchain-based startups. Hada DBank is the latest beneficiary of their continuing quest to champion innovative solutions.
Hada DBank is a very promising project, with a highly ambitious team and great working ethics overall. Darrell Emmanuel, president of DE Asset Management Limited believes in this project and foresee’s that the company will soar in value in the near future. The relationship between DE and Hada DBank is a symbiotic one and the best way for both to benefit is to grow together. DE will continue to support Hada DBank in the long run, and this is proven by our decision to procure HADACoins.”
Banking As It Should Be
Hada DBank has made no secret of its intention to revolutionize the banking industry through blockchain technology. While this may no longer sound novel in a world that is rapidly embracing blockchain technology, Hada DBank remains the only solution to fuse blockchain technology with Islamic Banking Module.
Recognising that the challenges facing the banking industry cannot be solve by merely slapping blockchain technology on it, its revolutionary Islamic Banking module will ensure ethical banking and investment built on a transparent and secure platform operating on risk sharing. And its partnership with DE is aimed at breaking new ground in the world of blockchain technology.
Mohd Al-Shazanous, CEO of Hada DBank stated
Mohd also voiced his appreciation for the support given to the partnership from advisors, strategic business partners and investors. Hada DBank is very happy and looks forward to a long and prosperous partnership with DE Asset Management Limited
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