Indonesian company IBF Net is launching a virtual world Netverse on the Algorand blockchain to contribute to the digitalization move in the Muslim world.
"It's no big deal," one might say. "Metaverses pop up almost every day like mushrooms after a spring rain.”
But this one is definitely out of common. It will be created exclusively for the faithful of the Islamic world.
IBF Net representatives say Netverse will have its Shariah Authority to oversee banking, insurance sectors, and compliance with Shariah principles.
In the newly created virtual world, every fraud, theft, and manipulation of public opinion will be severely punished.
(Virtual flogging? Or would they practice virtual hand cutting?)
Women will not be allowed in the Shariah-compliant metaverse either.
(Do they have any plans on how to check this?)
Well… we’re off to Decentraland.
But this one is definitely out of common. It will be created exclusively for the faithful of the Islamic world.
IBF Net representatives say Netverse will have its Shariah Authority to oversee banking, insurance sectors, and compliance with Shariah principles.
In the newly created virtual world, every fraud, theft, and manipulation of public opinion will be severely punished.
(Virtual flogging? Or would they practice virtual hand cutting?)
Women will not be allowed in the Shariah-compliant metaverse either.
(Do they have any plans on how to check this?)
Well… we’re off to Decentraland.
