INTRODUCTION
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.
Zodiaq is a financial ecosystem that aims to make cryptocurrency management easier for everyone. It’s a crypto bank registered in Comoros, a small island country off the eastern coast of Africa.
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.
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.
Right now, Zodiaq appears to be in the early stages of launch, and there’s limited information about the project available online.
In the world today, there is a huge amount of data in the cryptographic world and ZODIAQ is going to introduce an AI/deep learning technology. Let’s take a closer look at how Zodiaq works and how it plans to differentiate itself from other cryptocurrency banks.
PROJECT ECOSYSTEM
Stage 1: Current state of the system
The ecosystem of a classic bank is the first stage of the implementation of our project. In this version, all operational accounting will be implemented in a typical centralized banking information system (BIS). At the moment, the personal account of any bank user allows you to register and perform the following typical actions:
• creating accounts in fiat-currencies: USD and EUR
• creating wallets: BTC and ETH
• transfers in fiat-currency between users (P2P)
• transfer in crypto-currencies between users (P2P)
• crypto-fiat exchange p2p between users
• purchase and sale of crypto-currency for the user
• crediting and debiting fiat-currencies
• crediting and debiting crypto
At the moment, the personal user account of the bank has already realized the opportunity to register and perform the following typical actions:
• Creating accounts in US dollars and euros
• Creating Wallets: BTC and ETH
• Transfer in currency between users (P2P)
• Transfer in crypto-currencies between users (P2P). • Crypto-fiat P2P exchange between users.
• Purchase and sale of crypto currency.
• Deposit and withdrawal of cash currency.
• Deposit and withdrawal of the crypto currency
Stage 2: Platform with API-connections
At the next stage of the project, ZODIAQ, following the provisions of the second EU payment directive (PSD2), will unite the representatives of the banking segment. Two key tools of the new platform will be developed and introduced: a provider of payment initiation services (PISP) and information service providers (AISP). The functions of the API services are as follows:
• registration, certification and transfer of orders for funds transfer;
• analysis of data and provision of information about the client's personal finances, recommendations for more effective management of savings, etc.;
• provision of information to third parties (for example, to assess the borrower's solvency).
Using its own banking services, which will actively develop at this stage, ZODIAQ will be one of the first in the world to perform operational testing of formalized PSD2 provisions and the implementation of new protocols.
Stage 3: Payment platform block
The world’s banking system and, in particular, ZODIAQ team are seeking this option. At this stage of implementation, the core of the bank becomes digital and goes online. The bank becomes decentralized. As a result, any payment agents begin to communicate with each other. Blockchain-platforms, banks and payment services could be examples of such agents. At this stage, everything around the decentralized blockchain-platform is transformed into API channel.
The core of the bank acquires tools for integration with any kinds of payment agents. In addition, both individuals and legal entities could be the clients of the platform. In the course of this implementation, the payment block-platform could replace SWIFT completely. However, it is clear that SWIFT will remain the biggest player in the financial market for a long time, so we can use it for integration as well.
TOKEN DISTRIBUTION
Token : ZOD
PreICO Price : 1 ZOD = 0.1 USD
Price : 1 ZOD = 0.2 USD
Bonus : Available
Bounty : Available
MVP/Prototype : Available
Platform : Ethereum
Accepting : BTC , ETH
Minimum investment : 1 ZOD = 0.1 USD
Soft cap : 1,500,000 USD
Hard cap : 24,535,000 USD
ROADMAP
2017
Acquisition of the trust fund establishment of zodiaq blockchain corp financial institute:
• acquisition of the trust fund;
• opening an account in wells fargo;
• receiving SWIFT, fatca and aml.
Cryptobank:
• registration and obtaining a banking license;
• development of personal cabinet;
• crypto-currency wallets;
• Internet bank.
Crypto-currency Zodiaq Exchange:
• development of the bidding system interface;
• launch of the exchange on test nodes.
Hedge Fund:
• opening accounts and legal structuring;
Development of infrastructure for storing, validating and accumulating stock exchange information:
• formation and accumulation of a database of price data;
• storage and accumulation of the base of fundamental news and indicators for further processing;
• storage and processing of non-price information related to crypto-currencies and tokens;
• development and backtesting of the investment strategy (smart beta);
• development of the execution unit for the long-term investment strategy (Automated Long Term Investment System, ALTIS).
Payment system:
• Integration with payment systems;
• commencement of mutual settlements in cash through banks;
• launch of mobile application Zodiaq Pay;
• cross-border cash transfers.
2018
Cryptobank:
• obtaining SWIFT, FATCA, AML Certificate, etc.;
• deployment of Automated Banking System (ABS) software;
• authorization with payment systems and gateways;
• development and launch of mobile bank Zodiaq Pay.
Crypto-currency Zodiaq Exchange:
• launch of exchange in real mode on real nodes;
• creation of legal infrastructure and opening accounts;
• attestation at the regulator’s office;
• integration with international payment systems;
• adding new coins;
• formation of own liquidity;
• integration with mobile application Zodiaq Pay;
• authorization with other exchanges;
• application with open API.
Hedge Fund:
• preparation and creation of Offering Memorandum;
• SEC, compliance;
• development and backtesting of the investment strategy (smart beta) with rebalancing once a month;
• development of a group of short-term/medium-term strategies (AI-driven smart alpha);
• training the neural network on the accumulated price and non-price data;
• creation of infrastructure for execution of transactions;
• development of HFT-ARB strategies;
• development of ICO screening system.
Payment system:
• expansion of service geography (Indonesia, Philippines, China, India, Malaysia, Sri Lanka, Bangladesh, Vietnam, Nepal, Pakistan, Myanmar, Thailand and Cambodia);
• PCI DSS attestation;
• launching a multi-currency plastic card;
• development of software for processing payments and launching crypto-currency acquiring. ZODIAQ ECO System:
• launching currency of the project;
• withdrawal of the project currency to external exchanges;
• formation of strategic partnerships;
• launching tools for processing tokens;
• development of own blockchain.
Financial indicators:
• The gross turnover of the system is 50,000,000 USD.
• The number of the customer base is 500 000 users.
• The revenue is 3,000,000 USD.
2019
Cryptobank:
• authorization of SWIFT/SEPA;
• VISA/MC membership;
• issue of cards;
• development of an open API.
Currency Exchange:
• increase of the working capital;
• launching the decentralization module;
• introduction of margin trading;
• Authorization with other exchanges;
• development of investment accounts;
• expansion of service geography.
ZEST Foundation:
• development of algorithms for bidding strategies;
• invested strategies;
• venture investing;
• microcrediting;
• providing margin liquidity.
Payment system:
• acquiring;
• POS-terminals for receiving crypto-currencies in retail outlets;
• installation of cryptonates;
• launching of cross-border money transfers.
ZODIAQ ECO System:
• transfer of the system to its own blockchain;
• connecting third-party banks to ZODIAQ platform;
• SEC attestation;
• legal structuring.
Financial indicators:
• The gross turnover of the system is 300,000,000 USD.
• The number of the customer base is 10 000 000 users.
• The revenue is 10,000,000 USD.
TEAM
• Oliver Kempkens: CEO
• Alexander Gorbov: CVO, Co-Founder
• Pavel Dmitriev: CMO, co-founder
• Eric Shekhmametov: Chief Operating Officer, Co-Founder
• Vyacheslav Grachev: CTO
• Ilya Churakov: Marketing Strategy Advisor
FOR MORE INFORMATION PLEASE FOLLOW THE LINK BELLOW
Website : https://www.zodiaq.io/
Whitepaper : https://zodiaq.io/file/ZODIAQ_WP.pdf
Facebook : https://www.facebook.com/ZodiaqCorp/
Twitter : https://twitter.com/zodiaq_io
Bitcointalk : https://bitcointalk.org/index.php?topic=3411516.0
Medium : https://medium.com/zodiaq
Telegram : https://t.me/zodiaq_group
My Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2001712
