The Islamic Finance industry could utilize the BSV blockchain to make commodity trade sequences (or "Murabaha") more efficient, says Bitcoin Association for BSV Ambassador Masumi Hamahira.
Bitcoin Association Ambassador to Japan Masumi Hamahira encourages those in the BSV industry to produce more presentation materials in Japanese, to help JCBA's members become more aware of BSV's positions.
Bitcoin Association, the Switzerland-based global industry organization, joins the JCBA as an associate member to support the growth of enterprise and national scale applications of blockchain technology using the BSV blockchain.
Masumi Hamahira, who has pioneered Islamic Finance concepts in Japan for the past decade, says the Bitcoin SV network is perfect for powering the kinds of contracts its structures are based on.
With the addition of George Siosi Samuels as the Ambassador for the South Pacific and Masumi Hamahira as another Ambassador for Japan, Bitcoin Association now has 22 Ambassadors representing 23 countries and territories.
Bitcoin's blockchain is an open network protocol that can replace today's internet, and offers benefits specific to the Islamic Finance industry.
Bitcoin Association is officially announced as an ecosystem partner and sponsor for Islamic Fintech Week 2020.
The new ambassadors will work to raise the profile of Bitcoin SV, while helping entrepreneurs, developers and consumers take full advantage of the technology.