ZIPCOIN , a Blockchain based Decentralized Remittance and Payment Network
Project Overview
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ZIPCOIN utilizes the eruptive power of EOS blockchain technology and smart contract to break the accountability of tradition problems. This project, as its name implies, is built on the principle of Peer to Peer ("from client to client") and is a peer-to-peer decentralized network built on the blockchain.
The introduction of blockchain technology allows for digital transactions to take place in a protected, deterministic, and tamper-proof way. Because blockchains can access data regarding asset and movement, it is possible to place special computer software on blockchains to be executed by a network of computers, called smart contracts.
INTRODUCTION
Zipcoin has been invented to correct the shortcoming and improve the remittance and our system of payment. The aim of this project is to improve they payment system in the remittance industry..The ZIPCOIN Platform is based on EOS Blockchain who is among the high ranked and most effective Blockchain network around the Globe..EOS Network have high speed, high security and many more better features that makes it stand out among other Blockchain network. Zipcoin focus on ensuring wide spread of blockchain technology majorly in African continent as we all know Africa is still backward in the area of blockchain adoption.
The Problem
Zipcoin focus on addressing the shortcoming of remittance services across the globe. Existing system of remittance is structured on Centralized system which is outdated, inefficient , unsecured and lack absolute transparency .The transaction charges associated with the existing remittance system is not encouraging .Zipcoin focusing on African market with their innovation will play huge role in Cryptocurrency industry. Africa has large population and this will encourage massive adoption of blockchain technology within this region.
The Solution
Zip coin gives you full right to your financial privacy . The Digital currencies eliminates the service of third party and as a result cutting down some cost .The existing system allow payment providers charges high on services renders to their various customers because they are lacking competition.Zip coin has emerged to solve all these aforementioned problems thereby creating an enabling financial environment where users transact freely , securely and with low charges without the needs of third party.
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. Zipcoin Exchange has proven to be one of the most advanced and reliable platforms for crypto currency trading platform with a high level of security - one of the world’s safest, quickest and most powerful platforms today.
Challenges and Solutions of Cryptocurrencies Trading
The development of technology and the digital world has evolved the need for emerging crypto currencies and at the same time there is much theft through weak systems in the absence of strong security in protecting the assets of crypto, Lack of data privacy. The main reason of many of these hacking is the lack of Defense in security approaches and depth and weak rules. The fact that these things continue to repeat reveals that the exchange platform has not gotten enough lesson from past abuses. Also the Cost associated with user verification and long inefficient chains of middlemen affect the traditional trading platform.
The above issues are the primary reasons for the emergence of Zipcoin exchange. Zipcoin’s Security is very important to increase the organization value therefore the platform utilizes the P2P network which is structured in handling the security challenges rocking traditional exchange platforms by closing the loopholes inside an organization by raising a flag whenever one is detected for proper actions to be taken.
Why ZipCoin?
Zipcoin Network primary Goal is to improve the existing payment and remittance system shortcoming through innovation of their user friendly , secured ,friction-less Platform for the users. In an effort to make this system more efficient , the developer of Zip coin has implemented EOS blockchain Network which is more secured ,fast and reliable . The ZipCoin infrastructures functions in a Decentralized manner, it combine both the Remittance services and Exchange under a single Platform.The Platform interface has been carefully designed to be user friendly and ease access by the user.ZIPCO Token is EOS based . It has been designed using EOS Blockchain infrastructure.It does not require transaction charges unlike their counterparts .The EOS Blockchain grant easy access to account password recovery while such chance doesn't exist in some other Blockchain network .Another major advantage of EOS blockchain is nothing like mining or fork .It is a very efficient technology which is scalable , cant handle the processing of 100 million transaction with a second with the implementation of Delegated Proof of Stake (DPoS)
ZIPCO tokens is the traditional currency used for transaction within the ZIPCOIN Platform.Value added services , loyalty program , affiliate program , discounted rate
will be provided by ZIPCO The total supply of ZIPCO is 500,000,000 token . $0.05 is the initial price set for 1 ZIPCO.The ZipCoin developers intends to raise the total of $7,000,000 in their crowdfunding Pubic Sales for the future development of the Platform .
Website => https://zipcx.io/
Whitepaper => https://zipcx.io/white_paper/zipcoin_whitepaper.pdf
Telegram => https://t.me/joinchat/HbUtCAuidnSRqGPoHCBmnA
Twitter => https://twitter.com/ZIPCOINexchange
Instagram => https://www.instagram.com/ZIPCOINexchange/
Facebook => https://www.facebook.com/ZIPCOIN-Exchange-2205861812988417/
Linkedln => https://www.facebook.com/ZIPCOIN-Exchange-2205861812988417/
Reddit => https://www.reddit.com/user/ZIPCOINexchange
Btt profile: https://bitcointalk.org/index.php?action=profile;u=95863