Zantepay - Bring cryptocurrencies to real life.

longnam (32)in #cryptocurrency • 6 years ago (edited)

With the current development and widespread adoption of cryptanalysis and cryptanalysis, investors have often sought to engage more with these digital assets and block the technology based on on the string. However, there are certain challenges in integrating the digital money world and the traditional financial world. Providing a perfect match between cryptographic and customary assets is the philosophy behind ZENEPAY's Initial Coin Offer (ICO).

First, I will give some figures on the commercial market:

According to Netscribes INC, the global blockchain technology market will be worth $ 13.96 billion by 2022, growing at a combined 42.8%. This growth may be due to the absorption of blockchain technology by key industries to gain competitive advantage.

This view has been supported by a recent survey by Deloitte that has attracted respondents from 1000 large companies in seven countries. The results of the survey show that 74% of respondents feel compelled to use blockchain technology in building real business applications.

In addition, 34% of sampled firms indicated that they had started producing some form of blockchain technology. Moreover, 41% of samples are targeted to introduce a blockchain technology application in the coming year.

As the popularity and official acceptance of blockchain currencies and electronic money have increased, traditional investors are seeking more exposure to digital assets and blockchain-based technologies.

However, there are certain challenges when it comes to integrating the digital money world and the traditional financial world. Providing seamless exchanges between cryptography and conventional assets is the underlying philosophy behind ZANTEPAY. The initial coin supply (ICO)

Zantepay was built in 2017 in Estonia and is designed to be one of the fastest growing digital money providers in the world. It aims to provide a wide range of services for the world of digital money - build digital assets of multi-currency full of wallets with debit card and payment services. They are currently raising funds to fund multi-wallet development, obtain appropriate licenses in Europe and provide necessary marketing funds to attract users to Zantepay's ecological trading products and systems.

Investors, who handle the digital currency, today must interact with various partners to successfully manage their risks and portfolios. These partners are financial institutions, payment networks and financial services in digital currencies, which can cause frustration, account freezing, loss and not to mention ineffectiveness. along with the movement between different asset classes.

With the advent of block chains, many users and businesses are starting to find it hard to capitalize on the existing infrastructure to manage money transfers between physical and virtual platforms.

With an increase in transfer and payment services from 18% in 2015 to 50% in 2017, with 65% of consumers anticipating that they will use these services at some future time. . ZANTE PAY will provide the ability to spend, save and trade with digital money. ZANTEPAY will allow users to easily trade between BTC, ETH, LTC, ZNX and other fiduciary currencies, namely USD and EUR. ZANTEPAY will add a prepaid card, allowing the beneficiary to quickly access funds stored electronically.

ZANTE PAY PRODUCTS

ZANTE PAY WALLET
ZANTE PAY's main product is its wallet which forms the basis of all existing payment services. We will provide a hosted cryptographic portfolio (support for BTC, LTC, ETH, ZNX, where more cryptographic currencies will be added later) and simple integrated exchange services.
ZANTEPAY PREPAID CARD
By the end of 2018, the ZANTE PAY prepaid card will be launched, which should become one of the most penetrating digital currency cards in the market. It will allow any holder of BTC, LTC, ETH, ZNX cryptographic currency to spend its coins, online or offline, where traditional payment cards are accepted. ZANTE PAY will act as an intermediary linking the card issuer, the ZANTE PAY portfolio, the compliance services and the cryptographic exchange. ZANTE PAY allows users to have a single point of access to the complex financial and technical infrastructure in an easy to use way.

The ZANTE PAY debit card is provided by GFC, Mastercard's senior partner

WALLET/CARD COMBINATION
Zantepay OU will be accredited and controlled by the Police Financial Intelligence Unit and the Border Guard Board as a distributor of virtual currency to fiat currency exchange services and virtual currency wallet services. This card will begin operations at the end of 2018, to become one of the most penetrating digital currency cards in the market. It will allow any holder of BTC, LTC, ETH, ZNX cryptographic currency to spend their coins, online or offline, anywhere where traditional payment cards are accepted. This, together with the digital wallet, will allow users to manage their cryptographic currency in everyday life.

In addition, on 3 April 2018 ZANTE PAY and GFC (Good Finance Company) AS signed a preliminary cooperation agreement between the parties to the project. The signing of the final commercial contract is expected to take place before 30.06.2018.

Good Finance Company ("GFC") is an accredited Payment Body acting in accordance with European law. GFC provides payment services to legal and natural persons, resident and non-resident in Estonia. The Paying Agency was founded and acts as a payment service provider in accordance with Directive 2007/64/EU and under the Activity Licence number 4.11/22 issued by the Estonian Financial Supervisory Authority on 5 June 2013.

ZANTEPAY DATA WAREHOUSE
Data deposits are promoted when the user:
A. Visit the Zantepay website;
B. You become a member on the website;
C. Contact Zantepay to ask a question or ask for help;
D. Accepts the reference invitation;
E. Place an order for Zantepay chips, services and products;
F. Download, manage and restore Zantepay's mobile applications;
G. Reacts through pop-up windows on the website;
H. Use your wallet to perform transactions and/or make transactions with the card.

CUSTOMER CHECK.
For customer testing, we use the third-party solution veriff.me. Veriff.me has been certified by the Estonian Financial Supervision. The user will be verified through the eligible national identification documents for a particular country and proof of address. Veriff inspects documents and conducts video interviews with medium- and high-risk customers to determine whether the card has limits or a source of funds.

LICENSING.
The provision of virtual currency exchange services for a fiduciary currency and virtual currency wallet services, authorization will be obtained from the Financial Intelligence Unit of the Police and the Border Guard Board. The obligation to obtain a licence derives from the Estonian Act on the Prevention of Money Laundering and Financing of Terrorism. The usual processing time for an application for authorisation is 30 calendar days.

TECHNICAL COMPOSITION
The backend of Zante pay's multiple portfolio will be linked through APIs to GFC. The multiple wallet will be connected via API to exchanges that calculate the average market price of cryptographic currencies. Zante pay will keep euros as a deposit with the card company (GFC). Each user will be able to spend the exact amount of crypto coins depending on the market price and the amount of crypto coins they have in their wallet.

Liquidity of ZNX

The project has also worked with the pre-codec trading partners to sign up for ZNX, with the agreement reached with two hotbeds and Pexo (Android based trading platform in India) is also a credit good for investors. You can check the information here:

WORK TEAM:

Mardo Soo
Founder
Mardo is a visionary, investor and entrepreneur, his expertise in sales and marketing is more than 10 years. He ran couple of successful web projects in Estonia. His latest passion is blockchain and cryptocurrency. Mardo`s talent is to find and recognize the best people for the job to make something great. He believes cryptocurrency and AI is the next big thing.

Lena Elvbakken
Co-Founder
Lena, BAA, has an impressive global product marketing and sales background. Previously worked in media, technology and telecom branch for the brands like HP and Nokia. Then she moved on to online-based consulting business and recently into the fin tech branch. Lena believes that her corporate experience, leadership and passion for the technology make her a valuable asset for the team.

Daniel Raissar
CTO
Daniel is an early adaptor of cryptocurrencies. BScIT from IT College. One of the founding members of Estonian Cryptocurrency Association. Has the experience of trading cryptocurrencies successfully for over 5 years.

Ron Luvistsuk
CFO
Ron is bringing his experience from SEB Corporate banking. He has more than 20 years of experience in finance, deep understanding of risk, compliance and payment architecture in the EU. Ex CFO at Lukoil Baltic. As an independent financial advisor Ron has led over 600 projects, totaling in over $60m.

Kristi Sild
Legal
Attorney at Law/ Partner, LEXTAL
Kristi is an experienced attorney and leads the legal team of Zantepay project. Kristi is a partner in Lawfirm LEXTAL, one of the biggest lawfirms in Estonia, having also offices in Latvia and Lithuania. Kristi has wide legal experience in fintech field, including regulatory matters and other legal questions related to innovative financing and financial services. Her expertise also covers services related to crypto currencies and ICOs.

Since the currency is a bad option for long-term storage of funds, many people do not use banks, and electronic payments are too expensive, it is obvious that the future behind blockchain technology and cryptocurrencies. The goal of Zantepay is to give everyone the opportunity to use such payments, and to supplement it with an understandable and user-friendly interface. I give this project a "good" score, for more information see the link below.