URUN-RI to Leverage Blockchain Solutions by IBF DigiLabs for Greater Impact

IBF Net Group
2 min readDec 11, 2023

IBF Digilabs and URUN-RI have announced a strategic partnership that should significantly enhance the security and transparency levels in the investment crowdfunding space in the region. The partnership would enable URUN-RI to enhance its product line by including blockchain-powered solutions. IBF Net Group would benefit by expanding the range of its services and offerings to its 80k strong community. In an era where cybersecurity and trust are important, the partnership should help create a secure and transparent crowdfunding platform that leverages the power of web3 technology. This collaboration represents a commitment to enhancing the overall security of financial transactions in the crowdfunding space.

IBF Digilabs is a member of the award-winning IBF Net Group, known for its blockchain applications in the field of Islamic business and finance, and is also credited with developing the world’s maiden Shariah-compliant metaverse on the Algorand blockchain. Mohammed Alim, CEO of the Group shared his excitement about the collaboration ”Teaming up with URUN-RI is a strategic move for IBF Net as we continue our mission to drive innovation in the blockchain space and enhance the range of benefits for our community. IBF Net and URUN-RI will embark on collaborative crowdfunding projects aimed at pushing the boundaries of blockchain technology. This includes exploring new and innovative use cases, improving scalability, and enhancing the security of blockchain networks. The partnership will actively promote best practices in blockchain development and implementation. By sharing insights and success stories, IBF Net and URUN-RI aim to contribute to the establishment of industry standards and facilitate the adoption of blockchain across diverse sectors, promising a more secure, transparent, and efficient crowdfunding experience for participants across the globe.” He said.

Budiman Indrajaya, CEO at URUN-RI, expressed confidence in the partnership, ”By merging IBF Net’s expertise in blockchain solutions with URUN-RI’s pioneering research initiatives, this partnership is poised to redefine the dynamics of fundraising and investment in the digital age. We are thrilled to partner with IBF Net to bring a new era of secure and transparent crowdfunding. This collaboration aligns with our commitment to innovation, and we believe it will redefine the way projects are funded and supported. This partnership represents a fusion of industry experience and research process for blockchain innovation.”

As IBF Net and URUN-RI join forces, this collaboration marks a significant step forward in the application of blockchain technology toward strengthening the decentralized fintech sector in the region. The partnership should enable the entities to harness the power of technology to achieve their common goal, which is to create positive social impact and drive transformative change.

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IBF Net Group

Leveraging Research and Technology for a Halal Ecosystem