Jakarta – The first sharia crypto Token in the world, Noorcoin was featured on the presidenri.go.id website as the face of the Industrial Revolution 4.0 on November 3, 2018. Noorcoin is displayed as a success story, an example of national pride.
President Joko Widodo (Jokowi) himself often talks about the 4.0 industrial revolution that is inevitable. Jokowi enthusiastically and optimistically prepared various strategic steps so that Indonesia could take advantage of the development of the industry.
“Indonesia has to be quick in capitalizing on the opportunity at hand, as the formula is no longer big countries surpassing small countries but rather, countries that are fast to adapt will surpass those that are slow to do so,” said Jokowi.
For Noorcoin itself, it is one of the success stories welcomed by the international community, especially by most Middle Eastern countries.
Noorcoin, which is the first Sharia or Islamic digital token in the world, has a concept that integrates cryptographic technology with a platform that complies with Sharia law. Noorcoin is built with a decentralized trust and reputation system that works perfectly in the real-time payment gateway of the blockchain system.
Noorcoin was also invited to collaborate at the Boston University Asian Alumni Festival on November 3, 2018 at the Grand Hyatt Hotel in Jakarta. Boston University is one of the globally recognized academic institutions.
One of the biggest activities routinely carried out by local alumni leadership committees and the BU Alumni Association is a reunion at a large event called “BU Asian Alumni Festival.”
This reunion program for Boston University alumni was held for 12 years in various cities in Asia. The main objective of this event is to promote innovation in Boston University alumni to create a global impact.
According to the Ambassador of the Kingdom of Saudi Arabia to Indonesia HE Osamh Mohammed Abdullah Shuibi Noorcoin is the world’s first shariah-compliant token that is important for Indonesia as KSA as the two holy cities of Muslim population in the world.
The Ambassador of the Kingdom of Saudi Arabia to Indonesia HE Osamh Mohammed Abdullah Al Shuibi who attended the event said the launch of the Noorcoin ICO in Saudi Arabia in April 2019 with President of Indonesia Joko Widodo and KSA Crown Prince Mohammed Bin Salman. Hopefully, Noorcoin can also have great impact for all Muslims around the world.
“We expect Noorcoin with its advanced technology to have an impact not only on the captive market of 30 million Hajj and Umrah visitors but also for 1.8 billion Muslims worldwide. Besides the Muslim world, there is strong demand for Noorcoin from other countries in Asia, Australia, America and Europe, “he continued.
Meanwhile Noorcoin CEO Sofia Koswara explained about Blockchain technology along with its benefits such as bringing power to the masses.
Sofia further explained that there were social and legal problems that needed to be addressed such as misconceptions and the absence of legal standing over technology. He stressed that the legality of cryptocurrency in June 2018 is similar to commodities, which are classified as digital assets.
“The Kingdom of Saudi Arabia is a Noorcoin partner from the beginning, along with the vision of the Crown Prince 2030 to release dependence on oil. KSA has received an allocation of 20 billion Noorcoin,” he said.
CBDO Iskandar Purnomohadi from Noorcoin also said that Noorcoin in the future will provide the option to provide digital assets and cryptocurrency with gold.
“In the future, Noorcoin will offer the option to provide digital assets and cryptocurrency with gold. This is to ensure the security and stability of Noorcoin holders,” he explained.
Whereas Noorcoin COO Thomas Yudhistira said his side continued to be committed to collaborating and partnerships in terms of technology, culture and law.