Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Announcing ZED!
by
Nadia_l
on 06/10/2018, 19:10:25 UTC
Very interesting thing that Zed make partnerships in different countries. Already one MTO in Canada and one in Vietnam.
For me it seems like it is a good development for sure to make this,
and I hope that there will be more time in the future

Though ZED Network is a Canadian platform it will connect the money transactions operators throughout the world. Eliminating banks as intermediaries for money transactions operators is will make remittances available with smaller commissions. (around 1% of the transfer amount) and will greatly increase the translation speed (will be around 3-5 seconds instead of days for swift payment now).

this will be good news that ZED is the fastest payment or transaction that has the fastest capability and this will be a lot of users who use this platform as a medium to transfer their transactions

According to the article in the vanillaplus.com current remittance market is fragmented with Western Union and the three other largest MTOs accounting for approximately 25% of global remittance volumes. The remaining 75% of remittance transactions are processed by thousands of small to mid-size MTOs which are potential ZED clients!