ZODIAQ (Financial blockchain platform)

abiodunmike (26)in #zodiaq • 6 years ago

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What is zodiaq blockchain?
Zodiaq blockchain is a platform for the implementation of settlement, guarantees and clearing operations. Also to opening banking, licensed for banking services both in fiat and digital currencies.

Zodiaq blockchain token.
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The ZOD token is actually designed without any signs of securities and is involved in the system of rewarding user activity. ZOD token is also provided with project services and facilities acts as universal acts and also universal tool of settlement for conducting operations on Zodiaq platform.

Zodiaq basis system components.

Digital bank
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ZOD is fully licensed and legal bank which is the heart of ecosystem. Zodiaq blockchain will Ben providing the following vital services:
• Bank accounts both in fiat and digital currencies
• Deposits in fiat and digital currencies
• Instant money 💵 transfers.
• VISA/master card with BTC and other digital currencies as the card currency
Hedge fund
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ZOD will be Al-based assets management. Zodiaq artificial intelligence system uses big data analysis and deep machine learning. ZOD have succeeding strategies and scenarios to create a wide range of investment options in digital currencies and related markets. But for now, the trading algorithm is being tested on poloniex exchange and it has performed more than 💯 profit for the initial 20 days.
Zodiaq card
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Similar to individual habitual bank cards. Easily and conveniently, you can now pay wherever you want and withdraw by ATMs. Individual can also choose whether your card operates with your funds from fiat or E-commerce account and also switchable between them easily via mobile or application.
Zodiaq smart wallet
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Zodiaq smart wallet will be functioning as a cold wallet to store digital currencies safely and conveniently. Non contact NFC payments which also involves binding your third parties bank cards. To receiving payments as POS terminal including NFC transfers of fiat and digital currencies among gadgets. Zodiaq smart wallet is equipped with the e-ink screen, WiFi, Bluetooth and GSM modules and which is connectable to your PC or Mac by USB. Zodiaq has created a functioning prototype already exists.
Zodiaq payment system
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The Zodiaq payement platform is implemented in two stages which are has follows
• At the first stage of implementation, Zodiaq payment platform will be a bridge between existing banks and current payment services.
• Zodiaq second stage of implementation, Zodiaq project will replace the banks, rather than simply become a payment platform.

Analysis of the bank sector of economy facing by Zodiaq blockchain.
Basically this moment, the need for the use of crypto-currency is on par with fiat. There are organizations that accept payment in crypto-currency for their goods. Based on the article by Kayla Sloan, let’s take one of the largest companies, at the beginning of 2018: Overstock.com, Expedia, Subway, PayPal, Microsoft (from December 2014), etc., as an example. For the moment, according to the estimates of the bank product manager of USA Gene Neyer, there are more than 30 thousand fiat-banks and no operating crypto-bank. Zodiaq Bank was one of the first banks in the world to receive a banking license for operations with crypto- currency, which allows performing any types of banking operations, including opening and maintaining settlement accounts, accepting deposits and issuing loans. We are one of the first to start working in this direction, and we are going to enter the world top 10 list of crypto-banks.
There are a lot of predictions about the dynamics of crypto-currencies and fiat currencies. So, Whilly Woo gives his infographics on the web-site: woobull.com, according thereto crypto-currency will replace fiat completely.
Based on the assumption that crypto-currency will replace fiat in the course of time, we can assume that
crypto-banks will replace fiat-banks. Thus, for the assumption of potential turnovers of future crypto-banks, let’s consider existing turnover of fiat-banks. For comparison, Zodiaq have chosen French bank BNP paribas that takes one of the last places among fiat-banks, but is one of the world top 10, according to Forbes.com. According to the open financial report of BNP Paribas, the net profit as of the end of 2017 was 43.161 million euro, and the total commission income thereof amounted to 12.765 million euro (including card transfers, cash withdrawal, transfers inside and outside the bank).
It is also impossible to imagine a banking system without cash cards. The idea of creating a cash card for crypto-currency (or a crypto-card) appeared in 2011, and today users can chose from about 40 companies. However, a more detailed analysis shows that more than half of them no longer work. A good thing is that it is possible to take into account the mistakes of other projects for the successful release of their own cards.

The most interesting thing about bank Zodiaq blockchain is that they are among the first in the world to receive a banking license for operations with Cryptocurrency. Wow this an awesome 👏 project indeed.

The price of one ZOD token is 0.1 USD