ZIPCOIN - The True Peer to Peer (P2P) Trading and Remittance Platform of The Future
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, ZIPCOIN, a blockchain based decentralized remittance and payment solution which will enhance businesses and individuals in the $104B remit industry has arrived.
Since the 2008 economic recession, the financial industry has been unexpectedly shaken and faced with a number of challenges concerning trust, reliability, and value. Traditional banking is now deemed outdated and somewhat unreliable as consumers and businesses are seeking alternative options for their transactions and assets. As a result, blockchain technology and cryptocurrencies have disrupted the industry entirely. It has completely transformed the business of large financial institutions, retailers, and international businesses, changing the way payments are conducted and fulfilled.
Blockchain technology seeks to eliminate these intermediaries by decentralizing money and enabling transparent and anonymous peer-to-peer transactions. Simply put, the distributed ledger technology is providing a platform where third parties such as banks and other financial institutions are not needed in order to exchange value. With intermediaries being nudged out of the game, transaction costs could become a thing of the past.
While the idea behind decentralized payment systems is a noble one, the pioneer blockchain-powered payment solutions face significant challenges, among which are scalability and volatility."
With that being said, the Zipcoin ecosystem guarantees safety and reduces rejections that people sending money to their families have to face when they want to send or remit money using the financial institutions.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is ZIPCOIN?
As depicted above and as indicated on the official website of ZIPCOIN, ZIPCOIN is a blockchain based decentralized remittance and payment solution which will enhance businesses and individuals in the $104B remit industry.
In addition, ZIPCO token revolutionizes the remittance and trading industries with the creation of its EOS blockchain powered payment system, which facilitates all types of P2P remittance and trading businesses a safe, secure, swift and reliable payment solution.
ZipCoin has been designed in a decentralized way to improve the remittance and payment system which has been affected in so many ways. Its aims to build an easy, secure, fast and simple platform for all users while building a community from the grassroots to encourage more energy on value added activities and mass adoption of blockchain technology.
ZipCoin has also adopted the use of EOS blockchain which is one of the best blockchain networks in crypto-industries, EOS blockchain is designed with high speed, secured, swift and reliable transaction system.
ZipCoin infrastructure works as a decentralized operating system, which integrates Remittance Service and Exchange Platform under one platform. The new implemented architecture and the operating platform is built with user-friendliness and security in mind. The interface will provide easy access to an open financial system, empowering entities and consumers worldwide. Furthermore, expanding the reach of ZipCoin technology solution and its underlying ZIPCO Token.
According to the official whitepaper of ZipCoin, below are the Vision and Mission of ZipCoin:
The Vision
To touch the lives of the communities globally by creating jobs and to become the most preferred Online Money Transfer Company in Africa backed by cutting edge technology, dedicated team, excellent customer service, and unstoppable passion for improving and reducing cost associated with remitting fee where a large share of the African and other emerging remit market uses one unified token; ZIPCO, for all their transactions.
The Mission
To provide the services with affordable, reliable, hassle free, secured and convenient money transfer services to the valued customers. To maintain collaboration, engagement and lifelong relationship with the customers and partners by providing customized remittance services to ensure good corporate governance and integrity in dealing with community issues, challenges and opportunities.
The Impending Challenge
ZipCoin seeks to address the existing problems of remittance services. The existing remittance and payment industry is built on an old-fashioned infrastructure, bonded with expensive fees and transaction delays, which no longer serves the interest of its sophisticated customer base.
The rise of cryptocurrency and blockchain technology has created a niche market, along with unserved customers demanding a more inclusive financial industry. ZipCoin currently, focuses on the emerging markets of Africa which take high Remittances cost.
The Solution Offered by ZipCoin
ZipCoin offers full ownership of money to customers: (Digital currencies are independent of any third party), low fees: (The payment providers who do allow accounts for remit, ICO & blockchain industry related businesses and individuals charge very high fees, because competition is almost non-existent). This instantly means businesses make more profits while consumers spend less and Security: (The infrastructure which underpins the blockchain technology carries a huge advantage over the banking sector of any industry.
About The Features of The ZipCoin Trading Platform
EOS Blockchain Technology
Like Ethereum, EOS is a smart contract hosting platform designed for open source projects and consumer-facing decentralized apps (DApps). Use the delegated proof of stake (DPos) consensus algorithm- designed to meet the performance requirements of decentralized apps on the blockchain – including the handling of millions of transactions and users. No fees, flexible, Scable, Usable and creates Emissions.
Advanced Security System
Secure cold storage (95%) with cold wallet management Cryptocurrency Security Standard (CCSS).
Third-party security line by line code audit.
Insurance of online/hot wallets.
Up to 3-Factor Authentication.
Multi-Firewall Protection.
DDoS prevention.
OWASP Top 10 Compliant.
Extended Validation SSL Certificate.
Integrated Financial Services
The FSP will have a financial account available for users and businesses to store fiat and digital currency assets. There will be a merchant processing service available for instant fiat conversion of ZIPCOIN tokens to the merchant’s bank account; o Funds transfer (wire and peer-to-peer).
Payment processing
Traditional banking
Bill payment
Trade Financing
Merchant servicing
Remittances
Multi Digital Currency Exchange
The ZIPCOIN Exchange will have a digital currency exchange providing the ability to buy and sell numerous coins and tokens. The biggest feature for the startup is the ability for ZipCoin to list the token immediately without the hassle of meeting outrageous requirements required or imposed by existing exchanges.
About The ZIPCO Token
ZIPCO token is developed using EOS blockchain technology. Unlike Ethereum ERC-20 based tokens, EOS token does not require gas fee. EOS blockhain allows the user to recover their passwords at glance; whilst you can't recover your credentials with ETH. Moreover, there is no concept of mining and token fork. The technology is highly efficient, scalable and can process up to 100 millions transactions per second using Delegated Proof of Stake (DPoS). Those means ZipCoin customers can save more in their pockets.
ZIPCO tokens are used to facilitate transactions on the ZIPCOIN platforms and other products and services the company plans to develop. ZIPCO will also provide discounted rates, rewards, loyalty programs and other value-added benefits.
Token Details
Token Name: ZIPCO
Currencies Accepted: BTC, ETH, EOS, USD
Soft Cap: 3M USD
Token Type: EOS
Total Tokens to be Sell: 275,000,000
Hard Cap: 7M USD
Total Supply: 500,000,000
Public Round Bonus: 15%
Private Round Bonus: 25%
Price: 1 ZIPCO = 0.05 USD
Unsold Round Bonus: All Burned
Token Distribution
ZIPCO total token supply is 500,000,000 tokens. The initial price of 1 ZIPCO will be $ 0.05 USD. In total, for the further development of the platform, ZipCoin developers intend to collect in the course of public sales of 7,000,000 USD.
The token will be distributed as follows:
ICO - 30%
Pre-Sale - 20%
Bounty - 30%
Seed Investors - 5%
Private Round4%
Founders & Leadership - 3%
Development Teams - 3%
Airdrop - 3%
Incentives - 2%
Token Sale
ROADMAP
MEET THE AMAZING TEAM
ZIPCOIN LEGAL MINDS & INTERPRETATION OF LAW
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://zipcx.io/
Twitter: https://twitter.com/ZIPCOINexchange
Instagram: https://www.instagram.com/ZIPCOINexchange/
AUTHOR: Gambangcity
ETH: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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