HalalChain was transformed into a public chain, Qitmeer Network.

HalalChain was the first public blockchain company that focuses on serving Muslim countries and regions. By implementing blockchain technology into the Halal supply chain and Islamic financial industry they will help to increase transparency and traceability in Islamic financial products and services, traceability of halal and healthy products, Zakat donations, heritage and property registration, cultural communication etc.

HalalChain was built on the newly distributed ledger Directed Acyclic Graph (DAG). This underlying technology guarantees security and decentralization while achieving “High Throughput”. Advanced DAG technology with unique use cases enables HalalChain to build across the multi-layer payment system within the Islamic economy ecosystem.

HalalChain ERC20 token：HLC

Qitmeer test net token：PMMER

Native token of Qitmeer network：Meer

Qitmeer public chain test network announcement

Burning and mining : one HLC token burnt, one pmeer can be minted by miners.

Constant total number : the total amount of pmeer and HLC remains at 1 billion, PMMER + HLC = 1 billion.

Exchange freely : PMMER holders and HLC holders can exchange freely on their own initiative.

Mapping priority : the HLC participating in burning will obtain the priority of mapping, it means giving them priority according to its proportion in the network at the time of allocation.