KardiaChainis Layer 1 network that runs its own blockchain. The aim is to solve the interoperability problem across the blockchain. Developers can build Dapps on this network with various advantages such as across blockchain connectivity. KardiaChain also serves users a DeFi platform such as Exchange and Swap that can operate within various blockchains such as Binance chain and Ethereum. The products and features in this blockchain are neutral. We classified KardiaChain as Shariah Compliant.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | The project offered a DeFi platform such as Exchange and Swap. The products offered are neutral and permissible according to Shariah's rulings. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The token acts as a governance token and payment system. | Passed |
| Staking Method | The staking method mechanism by this protocol complies with Shariah's rulings. Staking will be rewarded bytransaction fees. | Passed |
Read the source document and verify project fundamentals.