ZODIAQ

August 06, 2018

WHAT IS ZODIAQ ALL ABOUT?

ZODIAQ is a project which has its own bank and also has a SWIFT code and a license to open accounts and conduct any operations which include keeping accounts, making transfers both in crypto and in fiat currencies, as well as its own crypto exchange.

This is a project that would implement its own flexible platform. The main goal of ZODIAQ is to provide a ready solution to other players in the banking sector, implementation thereof will require minimal resources and it will lead to a significant network effect.

The ZODIAQ platform will have a technological and legal integration, and it will be able to connect a new player cheaper and faster.

The use of the technology of blocking in the basis of the system will increase the confidence in the service. This technology operates without centralized management, therefore, it is not affected by the cost and timing of transactions.

The strategic goal of ZODIAQ is to create a new financial infrastructure that will replace classical banks as a managing service for execution of transactions between the counterparties. By ensuring a decentralized storage of data inside the ZODIAQ, the platform will increase the level of protection of any data significantly. In the long term, with the development of the platform infrastructure and offices in different locations, blockchain of the technology, as well as promising cloud solutions, including quantum clouds, will be used as basic IT and telecom infrastructure.

Due to a widely developed infrastructure of relations with a large number of financial services and formation of its own foreign exchange reserves, a settlement and clearing service will be launched within the infrastructure units of the ZODIAQ system. This mechanism will allow instant cashless settlements in the local currency ZOD on any counter obligations between users and companies for goods sold and delivered to each other, financial instruments and services provided, based on offsetting mutual requirements and obligations within the ecosystem contour. This, in turn, creates an unconditional value of the technology and a demand for the internal currency of the system, thus strengthening its value.

ZODIAQ will be able to provide products in demand, therefore the market scope thereof may be estimated.

ZODIAQ strives to create a flexible platform based on an open API that allows taking advantage of blockchain technology, creating an ecosystem of interrelations between banks, sellers of the goods and services, consumers, fintech companies and regulators, becoming a key link in daily transactions.

In Using this platform, the users would be able to conduct transactions almost instantly, and configure their own end applications and services without creating an infrastructure, establishing integration with legislation, formalizing interaction with payment services in every new country and every new bank from the very beginning. Since the platform has already had technological and legal integration, it can connect a new player cheaper and faster.

ZODIAQ stipulates improving security requirements that introduce strong customer authentication (SCA) with online access to the account, transfer of an electronic transfer order, and ensures specific security requirements for the channels used to transmit data of the user.

ZODIAQ platform, through an open API interface, it would ensure the data exchange with external information systems, and provides them with various ready-made services.

The ZODIAQ system will also offer a wide range of banking services and exchange transactions for its customers.

Zodiaq Crypto-Currency Exchange, abbreviated ZodEX, is a part of Zodiaq project and is an important infrastructure element.

In the world today, there is a huge amount of data the cryptographic world and ZODIAQ is going to introduce an AI/deep learning technology.

THE ZODIAQ TOKEN (ZOD)

The concept of holding ICO, when ZOD token will be distributed, has a finite multi-stage phased order. The starting price of one token is 0.1 USD. The method of step-by-step attraction of financing has a number of advantages, both for the project and potential participants of the project.