QITMEER Public Chain — History and ideology

The QITMEER public chain is a financial ground for publishing goals, energy minting, and free commerce. Its vision is to provide inclusive finance to underdeveloped regions and populations around the world and to provide ethical finance of all kinds, including Islamic finance to those with ethical and faith-based needs for wealth.

QITMEER will go through four different development periods in its minting route, starting from the ERC20 pass-through to the P-MEER test token, and from the initial stage of public chain minting to the blossoming of various coins and certificates in the public chain ecosystem. Therefore, we have chosen several historically significant city and dynasty-based nodes to symbolize the worldview and founding history of QITMMER, using the growth route of Islamic civilization.

1. The Mecca period

This is a metaphor for a city, symbolizing the earliest gestation of the QITMEER public chain strategy and its important monetary outcome, which is the HLC TOKEN, a consensual chain of faith. in a literal sense, the Mecca period is the beginning of Islamic civilization, a vehicle for the Prophet Muhammad to inspire the disciples of the Holy Family to create a commune of faith, characterized by: ideological sentiment is more important than communication results, philosophical enlightenment is more important than Reality, construction and beginnings are more important than success. They gained the first believers, who endured misunderstandings, injuries, and pressures but did not abandon their consensus and adherence to the faith.

The main result of this period is the founding faith, which is likened to the initial stage of QITMEER, the ERC20 era.

The ideal appeal of QITMEER is a young man’s clean worldview, just like the seven sleepers in the cave, to create a HALALCHAIN in the blockchain era. The spiritual outcome is the release of an idealistic white paper that defines a series of ideas for Muslims to live a simple and clean life; the commercial outcome is the establishment of an operation center in Dubai in cooperation with major global halal product certification bodies, food groups, IoT companies, etc., determined to establish a project for halal product certification with decentralized mutual trust; and the release of its own public chain and payment wallet when the time is ripe.

From the business nodes, QITMEER in the ERC20 era, it has many compelling nodes in business:

1. It shouts out a future frontier of technology and lifestyle unity full of philosophical charm in the blockchain era like HALALCHAIN.
2. It gives global halal centralized certification bodies a key to opening the blockchain world.
3. It has a great impact on supermarket chains and food groups, it unites the three technological achievements of the Internet of Things, mobile payments, and decentralized verification in an imaginative way.
4. It has gained the following of realistic Muslim living communities in the Middle East, Southeast Asia, and North Africa.
5. It has gained the real attention of financial institutions in the Muslim world for its future value, for which it has joined international organizations such as the IFSB (International Islamic Finance Board), and faces as an aspirational fintech star of the future.

2. The Medina period

It is also a city metaphor, symbolizing the first attempt of QITMEER public chain energy minting strategy, which first demonstrates how the testing process of a public chain coin can solve many difficulties and problems, and in this way prepare for the later monetary results. Therefore, we use it to symbolize the PRE-MEER era.

Medina is a place of testing faith and refining faith for the Prophet and the disciples of the Holy Gate. In this great city of Medina, although it was only a short period of twenty years, the Prophet received most of his revelations here, and it was here that he and his disciples built a complete system of faith and gave practical and clear explanations of major theoretical issues. It can be said that although the Medina period was not a nation or a dynasty, it was a time when the Prophet and the disciples of the Holy Apostles succeeded in putting into practice in a community of faith what would later become a great civilizational vision. Here, they restored Mecca to light, and the Prophet’s resignation speech after the Hajj in Mecca was the earliest voice of humanity’s multi-ethnic, multi-racial, and multi-national declaration of equality today. This is the very precursor of the blockchain public chain, an ecosystem without state-centric mandatory minting, commercial usury mandatory transactions, and intermediary exploitation fees.

What is very clever is that PRE-MEER is a major innovation of the QITMEER public chain, a test coin and an early stage of the public chain coin. It will present its bright commercial early qualities on exchanges while doing technical experiments. P-MEER has a game with ERC20, just like the game of synchronizing the spread of the faith in the time of Mecca and the time of Medina. The commune of faith in the time of the disciples of the Holy Gate is also a game and an escalation. History is too subtle and mysterious, and the QITMEER communal chain, in putting together its philosophical view, feels that there is something special and mysterious in it.

From the commercial nodes, QITMEER in the PRE-MEER era has created a grand structure and gaming model in a transitional historical period.

1. BLOCKDAG, as the technical leader of a new generation of the public chain, supports the underlying security and speed of PREMEER as a network trsaction, and gives imagination to real financial applications, especially payments;
2. as a gaming power initiator, it makes the imagination of ERC20 amplified by PRE-MEER, the price of affiliate coins is being made real and completed its value filling at every step in the electricity-burning public chain mining, giving visible support to miners, and miners give it a visible future.
3. equal mining has been reflected in the test network of this public chain, professional miners and family computers go together, and individuals and institutions go hand in hand
4. The governance and positioning of the public chain are firmly focused on Islamic finance and inclusive finance, which are the ethical finance of equality in the divine consciousness, without exploitation, oppression or leverage, and the ethical finance of equality in the secular conception, with a focus on the financial needs of SMEs and low-income people.

3. The Umayyad period

During the Umayyad period, the central city of Islamic civilization was Damascus.

As the first stage in the maturation of Islamic civilization in this central point of civilization in the Mediterranean region, the historical contribution of this short-lived Arab dynasty, which was only 90 years old, was enormous. It began by expanding the geography of the Muslim world, spanning three continents from the Middle East to North Africa, building the shape and structure of a great unified state, and establishing the empire’s territorial strength among its global contemporaries. At the same time, it was building charters, roads and bridges across nations, ethnicities and races in the spirit of equality in the Prophet Muhammad’s resignation speech, and beginning to prepare for a larger, longer civilization and a more prosperous dynasty.

The QITMEER public chain goes live in 2020, a time when the global chaos of blockchain development is still in flux. As a new generation public chain with a clearer architecture, more advanced technology, and a latecomer advantage, QITMEER’s public chain fight better than many previous public chains with BLOCKDAG technology.

QITMEER needs time to maintain the arithmetic security of the public chain, therefore, a fledgling public chain is just like a country, which first needs to build the basic structure and map to make a good start, and needs a strong and sustainable arithmetic operation mechanism to ensure the security of the public chain, just like the Umayyad Dynasty needs to maintain the security and unity of the dynasty with horses and knights from the northwest to the grasslands and deserts of North Africa.

QITMEER’s public chain needs to have a stable coin for various economic entities and countries, support multiple forms of cross-chains, be compatible with the growth of various ecosystems, and provide unique financial services for financial inclusion and Islamic finance. The needs of these public chains in their infancy are like the roads and texts that unified and connected the empires in the Woomeye era, enlisting the elites of different tribes and races, and unifying the religious propagation structures and state systems. In terms of business nodes, the first phase of QITMEER in the MEER era is growing into a historical technological civilization phenomenon with the emergence of the most important group of public chains in the world in 2019. Its points of interest are:

1. the classic Bitcoin-level underlying security and the emerging DAG-level transaction speed, it requires finding a historical balance, and it seeks to grow into the Bitcoin of the Middle East, Africa, and the Muslim world;
2. it is a public chain that produces gold coins, and its UTXO model is exactly the most ideal expansion solution in Satoshi Nakamoto’s mind, and it wants to solve some poor and unstable countries to start their financial life;
3. the historic SPETRIUM protocol allowed the DAG technology to establish a new dimension, and the blockchain went from one-dimensional to two-dimensional. Based on such an architecture, a group of public chain stable coins will appear on QITMEER during this period, either national, tribal, or believer. In the same way, a group of asset on-chain coins will make their first appearance here. In terms of technology, at the early stage of public chain development, interconnection, wallets, and arithmetic companies are all necessary infrastructure for a public chain.

For QITMEER public chain, the 3 years starting in 2020 when the public chain is released must be an era of the Umayyad dynasty, with grand architecture and active unification, ready for later prosperity.

4. The Abbasid period

During the Abbasid period, from 750 to 1258 A.D., the political center of the Arabian Empire shifted from Damascus in Syria to Baghdad in the Two Rivers Valley. This era was a historical span that lasted from about the middle of the Tang Dynasty to the beginning of the Yuan Dynasty.

These centuries were a dark medieval period in Europe, but Islamic civilization gained its civilizing charm in the Abbasid dynasty, which preserved and translated a large amount of ancient Greek literature, thus allowing European civilization to drink thirstily from ancient Greek civilization; the Abbasid dynasty focused on the spread of Islamic civilization with an inclusive mind, and it was tolerant and confident, much like the Tang dynasty, with its history, philosophy, medicine, astronomy, architecture, mathematics, poetry, etc., mathematics, poetry, etc. all gained worldwide influence in that era.

From the business node,

1. it commercially allows the world’s unbanked countries to start bending the rules, countries that are future stars full of young people, such as those in eastern Africa, where sovereign digital currencies will be minted on QITMEER. In West Africa, huge faith-based populations will have their zakat done unmediated with public chains for payments. In Egypt, Iran, Pakistan, Bangladesh, Indonesia, and Nigeria, which are large countries with populations of 80–300 million, they will achieve basic financial inclusion because of QITMEER’s public chain to send money, they don’t have bank cards but they have cell phones; QITMEER solves financial security and trust evaluation, and cell phones solve financial payment and circulation.
2. It is commercially vertical with Islamic finance, it tapped the huge payment for young people and underdeveloped areas, zakat and donation for believers, purchase and sale of cattle and sheep, the daily wage for workers, grant distribution for refugees, the flow of remittances, this kind of financial life content is also alternative financial needs of human beings, and they are finding solutions on this public chain. Especially, global Muslims’ high-frequency donations and legal zakat have found the most ideal solution.
3. With the awakening of Dubai, Lagos, and Kuala Lumpur, the emerging future financial stars, a series of applications such as Islamic finance, insurance, Hajj, and zakat have emerged.
4. Eventually, QITMEER will use its powerful two-layer structure on top of the financial problems to solve the genealogical inheritance, property rights registration, testimony and the protection of intellectual property rights, thus making MEER a payment tool with the nature of gold coins and preferred by young people, and making QITMEER a true financial structure for a new generation of human beings to watch over financial ethics.

QITMEER uses the Abbasid dynasty to symbolize the ecological prosperity brought to Islamic finance and financial inclusion by the completeness of its ecosystem and community governance a few years after the launch of MEER and the main website, and we are eager to welcome such a heartening new era.