HAQQ Unveils Gold-Backed Stablecoin and Discusses Innovations on Bitcoin.com Podcast
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HAQQ is a blockchain platform designed to promote ethical finance using decentralized technology. It operates similarly to other well-known blockchain networks, allowing for easy integration with existing smart contracts and decentralized applications. This is because HAQQ is built to be compatible with Ethereum-based systems, meaning that developers don’t have to change their code to use HAQQ.
By using the Cosmos SDK, which is a tool for building custom blockchains, HAQQ ensures it can connect with other blockchains and systems efficiently. This makes it easier to innovate and create new financial solutions that are decentralized and accessible to more people around the world.
In simpler terms, HAQQ is like a new version of the Ethereum blockchain but with a focus on ethical finance, aiming to make it easier to build and use decentralized financial services without compromising on ethical standards.
HAQQ Unveils Gold-Backed Stablecoin Deenar on Bitcoin.com News Podcast
In a recent appearance on the Bitcoin.com News Podcast, Mohammed Alkaff AlHashmi, Co-founder and CEO of HAQQ, along with Alex Malkov, Co-founder and Chief Business Development Officer, discussed the platform’s latest developments.
A key highlight was the introduction of their new gold-backed stablecoin, Deenar, designed to offer stability and attract interest from investors in both the cryptocurrency and gold markets.
The podcast also covered other significant projects within the HAQQ ecosystem, providing insights into the platform’s ongoing evolution and future plans for growth.
Gold-Backed and Ready to Shine: HAQQ Founders Share Story Behind Deenar Stablecoinhttps://t.co/ercJ4Gq0Nv pic.twitter.com/pzaXWz4gLL
— Clay (@lord_mr_claymoe) August 22, 2024
Therefore, the announcement of Deenar, coupled with HAQQ’s other innovations, is expected to boost market confidence and draw attention to the platform. The gold-backed feature of Deenar may particularly appeal to investors interested in stablecoins and gold-related investments, potentially driving increased adoption within the HAQQ ecosystem.
HAQQ Leaders’ Expertise Boosts Credibility and Market Interest
Leading HAQQ’s initiatives are Mohammed Alkaff AlHashmi and Alex Malkov, both of whom bring extensive experience to the table. Mohammed, a computer science engineer with over 18 years of experience, has a strong background in Industry 4.0, AI, machine learning, and IoT.
His career includes roles such as Intelligence Network Engineer at Huawei, alongside significant business and management experience.
Alex Malkov, with over seven years in legal consulting for top blockchain and fintech platforms, has advised companies like AAVE, Bequant, Scalable Solutions, and Nebula.
Their combined expertise enhances HAQQ’s credibility and appeal in the market, as highlighted in their podcast appearance, where they discussed the platform’s strategic direction and future innovations.
