July 24, 2024 6:30 AM
HAQQ Partners with FAMBRAS Halal to Revolutionize Blockchain-Based Halal Certification
TL;DR: HAQQ is collaborating with FAMBRAS Halal to transform halal certification using blockchain technology, enhancing transparency and security. This partnership will enable FAMBRAS Halal to issue certificates on the HAQQ blockchain and establish the Global Blockchain Halal Center of Excellence (GBHCOE) to support worldwide halal certification, including trade finance, payments, and investments in Brazilian halal industry projects.
HAQQ is thrilled to announce a groundbreaking partnership with FAMBRAS Halal, a leading halal certification authority in Brazil. This collaboration aims to revolutionize the halal certification process by leveraging blockchain technology, ensuring unprecedented levels of transparency and security in the halal industry.
Blockchain-Powered Halal Certification
FAMBRAS Halal, is known for its stringent and reliable halal certification, and will start issuing certificates on the HAQQ blockchain network. This integration will create a digital record of each certification, making it easy for consumers and businesses to verify the authenticity of halal products.
Global Blockchain Halal Center of Excellence (GBHCOE)
As a cornerstone of this partnership, HAQQ and FAMBRAS Halal are establishing the Global Blockchain Halal Center of Excellence (GBHCOE). This innovative platform will:
- Support halal certification companies worldwide
- Offer blockchain-based solutions for the entire halal value chain
- Facilitate trade finance and payments for halal-certified businesses
- Develop and implement other halal-focused blockchain solutions
Financing and Investment Opportunities
This partnership marks a significant milestone in halal certification, making the process more transparent, efficient, and reliable. The collaboration is expected to:
- Benefit consumers by providing easily verifiable halal products
- Support businesses in maintaining and demonstrating high halal standards
- Foster innovation and growth in the global halal market
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