What exactly is the UmmahNet Ecosystem and how can it assist the Ummah?

The UmmahNet ecosystem is a parallel digital economy for Muslims designed to give the Muslim Ummah greater control over its money and data. The primary aim of the ecosystem is to empower the revivers of Islamic Civilization with the funding and resources they need to achieve their goals. By revivers of Islamic Civilization we are referring to the leaders of the Ummah. Those that are heading Ummatic projects globally. We believe that funding initiatives led by our leaders will result in positive outcomes for Muslims and humanity at large.

However when we mention “funding” we are not referring to fiat currencies such as USD or GBP. We are actually referring to the UMN Coin which is a digital currency or cryptocurrency backed by a tangible asset. The tangible asset backing the currency is not gold, silver or barrels of oil but something that we as Islamic Civilization consider to be of even greater value. That tangible asset is knowledge in the form of handwritten manuscripts. Why we decided to use handwritten manuscripts as the asset backing the UMN Coin is explained in this article: The greatest object of value for Islamic Civilization.

The other unique element of the ecosystem is that it works without reliance on the internet and minimal hardware is needed to set it up in a local area. What this essentially means is that local communities will always have access to their money and data even without the internet. Instead of centrally managed systems controlling our money and data we can now have a decentralised system that works in a local setting without the internet and globally once connected to the internet.

So after we have control over our money and data how can we as an Ummah utilize this control? The UmmahNet Ecosystem also answers this question through the Muslim Citizen App which will only be accessible to those registered and connected directly to one of our local networks. The app allows users to participate in upvoting Ummatic projects which they feel are the highest priority and most deserving of funding. Once the votes take place the most upvoted projects spanning different verticals and categories are funded using UMN Coin reserves. These reserves are generated only when new physical handwritten manuscripts are created and approved by us.

Once these projects receive funding they are able to either create a course or a task. Users on the app can complete the course or task in order to earn UMN Coins. This is how the coin comes into circulation within the ecosystem. Users can then spend UMN Coins within the marketplace of the Muslim Citizen App which will be similar in functionality to Amazon, or users can spend coins in the real world via a QR code payment system. The QR code payment system requires the user to be connected to one of our local networks when scanning the QR code. The shop owner or user displaying the QR code will receive UMN Coins into their digital wallet once a user pays using this system. The desired goods or services can then be provided in exchange.

By collectively deciding where UMN Coin reserves are spent and then only allowing those coins to be gained through studying or working we encourage the seeking of knowledge and then using the knowledge gained to benefit the Ummah. We anticipate this to have positive ripple effects across local communities and societies that employ this ecosystem. In addition, physical manuscripts are not placed into lockers in storage rooms. Rather, they are securely put up on display within a central location of a local community such as a library, museum or masjid to reinforce the value of beneficial knowledge to the local community, make it accessible to all and inspire others to also pursue seeking and producing new knowledge.

Finally, the data that we produce through the Muslim Citizen App will be fed into BURAQ AI, a large language model that will be trained specifically on understanding what knowledge Islamic Civilization values. This AI will gain a birds eye view of the status of Ummatic projects globally and be able to provide strategic insights. This will be particularly useful for our Vision 1453 category and vertical leads who will be working on high level strategies and coordinating the projects that we fund with the UMN Coin.

Overall the UmmahNet Ecosystem is not just another tech project or yet another crypto currency scheme. It is a movement that every member of the Ummah can actively participate in to assist in the revival of Islamic Civilization.

RAISSE Foundation calls upon our scholars, researchers, poets and students of knowledge to come forth with handwritten manuscripts of compelling and fresh content that will serve as the asset backing and supporting the UMN Coin, the currency of the parallel digital economy for Muslims.

The Year Ahead: Could 1447 be the year of Muslim Unity?

As part of our seven year strategic plan RAISSE Foundation will be focussing on producing content that will contribute towards Muslim unity. Our growing team of scholars, researchers, subject matter experts and activists aim to approach Muslim unity from an array of different perspectives spanning our 4 verticals of Civilizations, Sectors, Geopolitics and Pillars.

We believe now is the time for Muslim unity, something that the enemies of Islam fear and work against daily. We believe with increased Muslim unity we will move a step closer towards our objective of reviving Islamic Civilization.

What could the world look like if the Muslims achieved a higher degree of political unity and how can everyday Muslims contribute towards this unity? How can Muslim scholars contribute towards Muslim unity and avoid falling into the trap of disuniting the Ummah? How can local Muslim communities draw closer together despite the many differences we may have? How can Muslim families, couples and individuals effectively solve disputes and maintain harmony?

These are some of the key questions which we hope to answer and more.

We call for all Muslim organisations and individuals to also participate in making the Hijri year 1447 the year of Muslim unity.