ZIPCOIN: Payment and money transfers on a decentralized platform based on the EOS blockchain

fredeix (25)in #zipcoin • 5 years ago

A remittance is transfer of money by foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Remittance transfers are been estimated at $264 billion in 2006, an important trend, these numbers however are an aggregate component of a much more complex dynamic in labor mobility and family ties across different world regions with policy implications for development. I remembered vividly last year when a friend of mine had issues with transfer because she wanted to make payment to her parent for something important which was so urgent. She was always asking me for help and we were all looking for the best way to get things done. She went to the bank and tried doing the normal way, but all to no avail as she was rejected. It was rejected on several accounts and I on the other hand had little understanding on the whole issue and process. I could only help the little way I can and sorted out help elsewhere, the good thing was that the problem was finally resolved, we were all at peace but then something struck my mind and I began wondering what exactly the problem was. We could only wish. But then, that was a personal experience i and a friend experienced. I did a research on it and came to see that there have been problems associated with such services.

The problems associated are the presence of informal transfers, the cost of remitting, the lack of access to financial institutions, incomplete knowledge about the total volumes received in some countries, lack of enabling environments that can further capitalize on these flows or mitigating economic policies to adverse effects these flows can have on local currencies. I believe that one or two persons have faced one or two problems in the world but still little or nothing can be done. Yes, there are platforms that have been created that have made several promises on bring solutions to such problems; they seem so genuine but at the end bring nothing to the table. It’s so difficult and annoying especially when one needs to make the transfer for urgent matters. But the god news is that, these problems has been sorted out to be resolved by a team of excellence with innovative minds. These teams, came together to set up a platform called the ZIPCOIN

Zipcoin is a decentralized EOS Blockchain system which is been created to revolutionalise the P2P market, helping t solve the problems that are in existence. Zipcoin is a registered company operating in the province of Alberto, Canada Zipcoin has included a rural and gender based approach as well to leveraging remittances. It has helped solved the issues in delay of transfers or payments and eliminates the rejection problem people faces. The platform was created so that millions of people all over the world can embrace this revolution in the remittance industry and enjoy life giving them the best experience. Zipcoin provides also job opportunities to the community at large. Zipcoin has helped to solve the problem of high remit fees, inefficiencies and interoperability issues, lack of financial inclusion, complex systems and negative user’s experience.
FEATURES OF ZIPCOIN

Multi digital currency exchange Gives users the ability to trade on various coins and tokens available in the cryptocurrency market for better experience.
Integrated financial services are been included to further ease the usage of payments and remittance

Advanced security system are been put into place to help secure users and investors assets without any loss from scams, thefts and hacker introducing OWASP top 10 compliant, the third party security line by line code audit, the insurance of online/hot wallets, extended validation SSL certificate, multi-firewall protection, DDoS prevention and 3-factor authentication. No chances are given to the horrors of the internet

EOS Blockchain technology is an up graded standard of the Ethereum which is been created for open source projects and consumer facing decentralized app. It is so unique that Zipcoin has decided to use it so that millions of transactions can be handled properly without any mixation of transactions or loss of data, and also for the flexibility, scalability and usability which also creates emissions.

MISSION

The mission of the Zipcoin is to be the best and the most reliable remittance service and payment system which is affordable, secured, convenient and swift.
UNIQUE BENEFITS OF ZIPCOIN

• Reduces informalities
• Reduced costs in transactions and remittance fees
• Education and awareness using innovative technologies in the remittance space
• Transactions and remittance are Safe
• Its super fast as it doesn’t takes time in transactions
• Transparent
• Community driven ecosystem
• Jobs are available and been created for youths in every market when it is been launched
• Transactions/payments are Secured
• Zipcoin is Reliable
• Eliminates the barrier to entry in Blockchain technology
• Rewards are also been accorded to users and investors
• An experienced team with responsive customer service which is always available 24/7

TOKEN DETAILS OF ZIPCOIN

The Zipcoin is the utility token for the platform
Token price: 0.05 USD
Minimum purchase amount” 100 USD
Token symbol: ZIPCO
Token type: EOS
Target amount to raise: 9M USD
Currencies accepted: BTC, ETH, EOS, USD
Soft cap: 3M USD
Hard cap: 7M USD
Total supply: 500, 000,000
Private round bonus: 25%
Public round bonusL 15%
Sale raised: 5500 Zipco

TOKEN DISTRIBUTION OF ZIPCOIN

Airdrop and bounty: 2.5%
Incentives and promotions: 2.5%
Development teams: 15%
ICO: 30%
Founders and leadership: 25%
Seed investors: 2%
Private round: 3%
Pre-sale: 20%
Bounty: 2%

USE OF TOKEN
Legal and regulations: 2%
Operational expenses: 5%
Operational reserves: 14%
Taxes on revenues from token: 11%
Research and software development: 23%
Marketing and Business development: 18%
Banking industry company acquisitions and Equity partnerships: 27%
The role of remittances in the lives of so many families is clearly dominant. The policy implications are also extremely relevant hence one can be seen to emphasis the benefits and awesome sevice Zipcoin is providing. It is created to solve the problems already in existence. The unique features that makes it stands out for the rest is the service been provided, it is not only secured, it is very fast, swift, reliable and so transparent. I would implore everyone to please take active part in this project. For more information’s, please kindly visit any of the links been provided below.