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Showing 20 of 978 results by jackielim
I am confused on this statement "ZED does not require a bank account, is completely private and secure, and charges MTOs a small transfer fee of 0.25% or 25 BP after the first year of operations.". After the first, do they have plan to increase the transfer fee?
One of the biggest partnership of Stellar is IBM and we all known how big company IBM is and they chose Stellar as the part of their team to enhance more of their system and to provide a better technology for them and right now Zed network has already made a partnership with Stellar.
Fantastic! Partnering with a big company is one of the greatest achievement and starting point of a new company/project. Zed network is awesome. We can learn a lot about blockchain innovation. Which really help both participant and member.
We are all lucky that Satoshi Nakamoto introduce these technology and just like any other projects ZED Network is their doing best not to miss this opportunity that would make a lot of improvement on our current system.
I believe that investing in the ICO is the best investment. The project as of now has a young competent team trying to do their best. I hope more people can better understand the world of crypto to achive a better future.
good opinion, we can see the current situation that the development of crypto is very rapidly developing and there are many people involved in the crypto world,and I think the ZED project is very suitable for many people to know
"ZED plan to allocate 27 Billion Tokens for community programs, rewards, partnership deals and investments in startups in the developing countries." Generous project.
Of course to attract the hearts of investors, real work is needed too, not just lip service, and here I see the current situation, that the ZED project team is very forced to work harder to make the ZED project a success.I believe that investing in the ICO is the best investment. The project as of now has a young competent team trying to do their best. I hope more people can better understand the world of crypto to achive a better future.
You are very strongly support the project.And, it seems that you have invested into this one via its ICO, right?
How much will remittances be when done on the ZED platform? Will the cost rise over time or will it be constant?
The average fee for cross‐border transfer is now about 7 8% of the amount. ZED transactions require no mining and cost 1% or less. If the transaction costs on remittances worldwide were cut from an average of 7 8% percent to an average of 2-3% percent, it would unlock billions of $ a year only in poor countries.High transaction fees is one of the main problem that people are facing using any money remittances and because of this reason people are trying to find others ways to send their money but ZED network has a solution that will boost any transactions with less cost.
According to the recent World Banks latest Migration and Development Brief in 2018, major barriers to reducing remittance costs are de-risking by banks and exclusive partnerships between national post office systems and money transfer operators.
That is what ZED is going to change due to the new possibilities that blockchain technology gives to us!
It is interesting how far-reaching the ZED project will be? After all, the implementation of the goals will allow to reach very big heights.
Indeed.. I can foresee the team work inside this project. An excellent project with a strong and well coordinate team surely many people will help by this project.
Zed network will seemlessly connect licensed MTO in multiple countries to become a single point of integration for multiple currency pairs.
Well they need to have partners in different country. Project will not get their success if they will only rely in one country. One channel but a lot of partners country will definitely profitable. the world is becoming more and more global. we travel much more than our parents, grandparents etc. and we need a service to send money to other countries without much fee.
Indeed with Zed network they will make easier and fast to transfer money to our loveones in other places or country if we are far from them. And this is really great.
ZED team already has a great experience with the building money transfer platform as Alan Safari, CEO if ZED Network was one of the founders of the ZipZap app.
ZipZap is online remittance app. for iPhone and android, designed to make money transfers faster, safer and cheaper with mobile phones!
the world is becoming more and more global. we travel much more than our parents, grandparents etc. and we need a service to send money to other countries without much fee.
Indeed with Zed network they will make easier and fast to transfer money to our loveones in other places or country if we are far from them. And this is really great.
I always wonder why ZED do not want to be like one more cryptocurrency in the market with low cost for remittances company?
The answer is probably that they target those people, migrant workers who usually sent remittances and a great part of those are low skilled people for which using cryptocurrencies wouldn`t be an easy and convenient solution!
That`s why ZED prefer to make crypto solution for MTOs!
The answer is probably that they target those people, migrant workers who usually sent remittances and a great part of those are low skilled people for which using cryptocurrencies wouldn`t be an easy and convenient solution!
That`s why ZED prefer to make crypto solution for MTOs!
You have a point there because once these companies start using cryptocurrency in their business then its just a matter of time for the clients or customers to learn how to use this new technology and get involve in crypto.
The lack of competition and inability to challenge the large Money Transfer Operators is directly responsible for the cost of remittances staying punitively high, at around 8%. Zed Network will give them good competition!
If ZED NETWORK offer less transaction fee which is mention in the whitepaper. this could be a big challenge to their competitor.Maybe it will take time to become profitable in any way. But if you believe in this project you will support it in the end just what I am doing right now no matter what. To the team and for the success 
Yes, its true that it will take so much time to be profitable in any kind of project. You will spend more time and effort as well as money in every project you wanted to build. There's no project that will earn instant.According to World Bank, global remittance hovers around $600B per year. Western Union and the next 3 top Money Transfer Operators (MTOs) control about 25% of the global remittance market.
Zed Network is entering a big market.
Well, if ZED will focus on this features probably more or less 30 percent of the sales are coming from remittances. Zed Network is entering a big market.
Zed Network is self-funded company. They want to show working product before ICO ends. I think it is a proper decision.
Would you know if how many percent does the project have done so far? And do they give a previlige to the community to test the product itself?as for me, another advantage of ZED Network is that they are planning to launch working product before crowdsale ends. It will attract more investors.
Actually its proven and tested that its better that project is working before entering crowd sale so that investors is not difficult to encourage to join and invest.I believe this project will work and grow in the future. It give me real excitement to always follow and promote this kind of project.
It will definitely will grew if the team will work together. The project would be stronger because of people who believes in the project.This projects deserves our attention. It has good idea, good product and good opportunity.. I will support and promote this project.
Indeed! the team takes a lot of time to plan and develop their platform based on the problem of any MTO's that they are facing today especially the slow transaction with an expensive fees.
Indeed, many can benefit specially to those who have incountered failure of money transferring also remittances. With Zed network it will make easier,fast and transparent the transactions.
How much will remittances be when done on the ZED platform? Will the cost rise over time or will it be constant?
Guys, is there anyone who already bought ZED tokens? Did you receive tokens immediately or do you need to wait for the completion of all sales phases?
Most of the ICO's released tokens after the sales but I'm also wondering about if ZED will issue the tokens earlier because they have a long way to go for completion of the token sale.I guess this question has been answered by one of the admin on their telegram channel, the tokens will be distributed after the public offering which is 12/30/2019 so it means that the tokens will be distributed on early January 2020.
proof: https://t.me/ZEDNetworkInc/12961