Has Bitcoin become the first digital financier of Islamic organizations?
Has Bitcoin become the first digital financier of Islamic organizations? Has Bitcoin become the first digital financier of Islamic organizations?

Has Bitcoin become the first digital financier of Islamic organizations?

Abu Dhabi, United Arab Emirates:- The digital currency Bitcoin seems to be a new method used by Islamic organizations to obtain financial support where the Islamic Resistance Movement Hamas was able to obtain huge funds through it.

Researchers in the economy and the digital currency said the military wing of Hamas is increasingly using complex methods to raise money through a composition currency. According to a study by a number of researchers, the Izz al-Din al-Qassam Brigades called on its supporters to donate digital currency in a campaign announced on the Internet at the end of January.

Initially, donors were asked to send configuration to a single digital address or portfolio. However, Elbitech, the industry leader in cluster analysis, has revealed that Hamas' military wing has changed this mechanism in recent weeks, with its website creating a new digital portfolio for each transaction.

The research revealed that between March 26 and April 16, 0.6 million dollars worth of about $ 3,300 were sent to a governor created by the site.

Overall, the company says the four-month donation has raised about $ 7,400. A spokesman for Hamas, which controls the Gaza Strip since 2007, declined to comment on the search.

That money is a small part of annual funding worth tens of millions of dollars that Israel and the United States say Hamas receives from Iran.

"They're still in a pilot phase, trying to see how much they'll raise money, and if it's going to work," said co-founder Tom Robinson.

Read 91 times Last modified on Friday, 26 April 2019 19:28
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