Quote from: ZEDNetwork on October 25, 2017, 04:48:07 AM

Quote from: Frankenbeanie on October 25, 2017, 04:42:05 AM

what is the utility of the zed token ?

sorry if its already mentioned above but I have skimmed the info posted above but couldn't find.

ZED IS BUILT FOR MONEY TRANSFER OPERATORS (MTOS)
ZED is a compliance-friendly solution enabling Money Transfer Operators to leverage leading blockchain technology to rapidly scale their business. For small to medium sized MTOs that can't effectively compete with larger MTOs due to banking, technology, and cash flow issues, ZED offers a SaaS platform built on a distributed ledger that reduces costs and transaction friction. Unlike the current SWIFT system, the ZED Network eliminates dependency on banks in favor of a global, distributed network of licensed Money Transfer Operators to create a faster, cheaper, more transparent money transfer network.

You may find the website to be very informative: http://zed.network/

A lot of existing money transfer company right now will be outperformed once the ZED network services have been start using the blockchain technology with decentralized system behind of it so in terms of security right now this much more secured than any others. Goodluck ZED network team!