Zakat Data Transparency
GLIDE is bringing zakat data integrated each other on Glide blockchain bringing right values to life
Overview
Blockchain powered Zakat Platform is an innovative digital platform designed to revolutionize the distribution of zakat funds and improving zakat data inclusiveness and reliability by leveraging blockchain technology to meet end-to-end zakat information.
Implementing blockchain technology in the management of zakat funds aligns with Sharia values by promoting transparency, accountability, and trustworthiness. The principles derived from Quranic verses (Al-Baqarah: 282-283) emphasize the importance of clear record-keeping, honest dealings, and faithfully discharging one's trust—all of which can be facilitated through the use of blockchain.
Who will need this Dapp?
Zakat data transparency will be useful for a diverse group of stakeholders each benefiting from its transparency, security, and efficiency.
a. Muzakki
Muzakki (Donors) will use the system to track their contributions in real-time, ensuring their funds reach the intended recipients in a timely and accountable manner.
b. Zakat Organizations
Zakat organizations and charity organizations will leverage the technology to manage and distribute funds with enhanced accuracy, reducing administrative overhead and eliminating the risk of fraud.
c. Governmenr Agencies
Government agencies overseeing zakat distribution can utilize the system to ensure compliance with regulations and maintain public trust. Finally, recipients of zakat will benefit from the assurance that funds are distributed fairly and efficiently, with a clear, immutable record of transactions.
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