CAIZchain with the governance API
CAIZchain with the governance API - The CAIZchain is a distributed database solution that functions as the host for CAIZcoin and all related APIs to facilitate decentralized, peer-to-peer transactions.
The blockchain operates on a network of federated nodes that approve transactions, governed by a Fiqh-compliant governance layer.
To ensure Fiqh compliance, the CAIZchain incorporates innovative methods, such as full KYC requirements for new users to access the ecosystem, and an IFBA protocol, which stands for Islamic Federated Byzantine Agreement.
This protocol offers a more robust consensus mechanism than existing protocols, in that it ensures compliance with Islamic transaction principles.