The impact of block chain technology on the jurisprudence and legal ruling of cryptocurrencies and money circulation

Cryptocurrencies can be considered as a commodity, or asset, or money. Assuming that cryptocurrency is money, the definitions, terms and conditions of money should apply to cryptocurrencies, one of these conditions is the sovereignty of printing and issuing money. In Sunni jurisprudence, the sovereignity of minting money and the function of money with non-monopoly "Money" is a subject that, upon serious reflection and contemplation, we find that in the excitement of the exponential growth of cryptocurrencies and the desire to invest in this field, less attention has been paid to "block chain" technology as the infrastructure of cryptocurrencies; Whether we consider the buying and selling of cryptocurrencies as haram and invalid or whether we consider it illegal and impermissible, the "block chain" method in cryptocurrencies is another issue that is worth independent jurisprudence and legal investigation. Block chain is a method of storing information in a decentralized manner. which reduces the possibility of forgery to the lowest possible level.