Marhaba makes an ambitious move. Joins hands with Sukhavati to bring inclusive DeFi on the Web 3.0
Marhaba DeFi is happy to announce Sukhavati Protocol(SKT) as its technology partner, it’s a decentralized cloud service network focused on storage.
Marhaba DeFi and Sukhavati Protocol will collaborate together to explore and build ethical DeFi solutions using each other’s engineering resources and technology. Exploring the possibility of using its decentralized storage, Marahaba DeFi will build its NFT infrastructure utilizing Sukhavati Protocol’s decentralized storage. Both partners together will explore investment opportunities and mutual token dependencies. Marhaba DeFi would also lead marketing activities for the protocol in Australian market.
“Sukhavati Labs is incredibly excited to be partnering with Marhaba DeFi to bring the web3 vision to all people and communities in the world. Marhaba Defi will create an inclusive, faith-based, ethical DeFi platform, with a special focus on serving the world’s 2 billion Islamic practitioners. Users of Marhaba’s DeFi platform and NFT marketplace will be able to trust that their data is also securely stored on Sukhavati’s trustless, decentralized, and robust storage network, bringing the promise of crypto and DeFi full circle. With both teams aiming to join the Polkadot ecosystem as parachains, the time is ripe for us to join hands now.” — Mindaugas Savickas, Sukhavati Protocol CEO.
“An integral part of Marhaba’s (MHB) mission is anchored in achieving decentralization in its truest form, not just in terms of market offering, but across every function internally as well, i.e. operability. Hence our strategic partnership with Sukhavati Labs (SKT) given its Decentralized Storage Protocol is apt, and could not have come at a better time.
Furthermore, given MHB’s ambitions of being Parachain in the foreseeable future on the basis of Polkadot, SKT is a great fit as they have similar intentions.
We are excited, and our teams’ synergizing at this juncture opens up a host of very valuable opportunities across the product, investments, & business development facets of the business” — Naquib Mohammed, Marhaba DeFi Founder & CEO.
About Sukhavati Protocol
Sukhavati is a decentralized cloud service network focused on storage. Its mission is to inspire and incentivize improvements to the distributed storage ecosystem and expand a wide range of application scenarios for the implementation of the Web3.0 vision.
Read more about Sukhavati Protocol here:
About Marhaba DeFi
Marhaba DeFi is a platform built to embody the true spirit of an “Inclusive DeFi” by promoting participation finance, where all communities, including the ones from the Islamic World, can benefit from the benefits of DeFi.
Based on the tenets of Blockchain such as trust, transparency, and security; Marhaba DeFi has encapsulated universally applicable principles of Shariah into those tenets of Blockchain to render a suite of offerings.
Marhaba DeFi was founded with the vision of bringing a “Muslim also” platform, rather than making it an exclusive “Muslim only” offering.
We are a diverse team of researchers, technocrats, influencers, islamic fintech experts & business entrepreneurs, who came together to ensure that Marhaba DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the Faith-Conscious Communities and the Blockchain world.
Read more about Marhaba DeFi here: