by community to community

What is it?

E-Custody is a platform to manage reserved-funds from the community to the community with transparency and efficiency, backed by the blockchain.

Numbers

6329

Mosques registered under JAKIM

*Malaysian Islamic Tourist Report 2015

Selangor has the highest number of mosques with savings exceeding RM 100,000

Melaka, Negeri Sembilan and Pahang do not have any mosque with such number of savings in their banks account (at 2015)

On average, the majority of mosques in Malaysia have a balance ranging from RM 10,000 to 50,000 at the end of 2015

*Research survey as of December 2017

Where does blockchain fit in?

1. Donation and collection
2. Convert fiat to digital tokens
3. Manage and allocate the funds
4. Transact on the blockchain
5. Settle the fiat back to its beneficiaries

Why Blockchain?

1. Security
   • Decentralization
   • Immutability
2. Transparency
   • Auditability

Making it sustainable

1. Transaction Fees
2. Corporate & business 
   • CSR
   • Fees
3. Tax deductible

Distributed ⟹ Centralized ⟹ Distributed

mosques

e-custody

mosques, community

QA