Sidra Chain is a decentralized blockchain network built on the Proof-of-Work (PoW) consensus mechanism. Unlike the traditional financial system that is controlled by centralized institutions, Sidra Chain empowers users through a peer-to-peer network. It enables faster, more transparent and potentially cheaper financial transactions.

The potential uses of Sidra Chain go beyond traditional financial services. Here are some examples :

• Cross-Border Payments
  Sidra Chain can facilitate secure and cost-effective cross-border transactions. It is an ideal solution for connecting businesses in different countries, enabling them to conduct transactions more effectively and transparently.
• Supply Chain Management
  The platform can be used to track the movement of goods and ensure transparency in the supply chain. Sidra Chain offers an effective solution for the halal industry and supply chains that require product traceability thus ensuring every stage of the process is in line with the desired standards.
• Shariah Fundraising
  Sidra Chain can provide a platform to fund Shariah compliant businesses. The platform supports fundraising that complies with the principles of Sharia finance ensuring that every transaction is conducted in accordance with the rules that apply in the context of Islamic finance.