ZODIAQ ICO Project : Crypto-Fiat Blockchain Platform

Hello friend best regards and meet me again, hopefully you all in good health always and happy today at this time opportunity I present to introduce one project where this projec is very good and growing fast forward especially when in the modern era balancing growth of digital era this project named "ZODIAQ". Let’s discuss this project together.

What is ZODIAQ?
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.

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.

The ZODIAQ platform will have a technological and legal integration, and it will be able to connect a new player cheaper and faster.

The use of the technology of blocking in the basis of the system will increase the confidence in the service. This technology operates without centralized management, therefore, it is not affected by the cost and timing of transactions.

The strategic goal of ZODIAQ is to create a new financial infrastructure that will replace classical banks as a managing service for execution of transactions between the counterparties. By ensuring a decentralized storage of data inside the ZODIAQ, the platform will increase the level of protection of any data significantly. In the long term, with the development of the platform infrastructure and offices in different locations, blockchain of the technology, as well as promising cloud solutions, including quantum clouds, will be used as basic IT and telecom infrastructure.

Due to a widely developed infrastructure of relations with a large number of financial services and formation of its own foreign exchange reserves, a settlement and clearing service will be launched within the infrastructure units of the ZODIAQ system. This mechanism will allow instant cashless settlements in the local currency ZOD on any counter obligations between users and companies for goods sold and delivered to each other, financial instruments and services provided, based on offsetting mutual requirements and obligations within the ecosystem contour. This, in turn, creates an unconditional value of the technology and a demand for the internal currency of the system, thus strengthening its value.

ZODIAQ will be able to provide products in demand, therefore the market scope thereof may be estimated.

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.

In Using this platform, the users would be able to conduct transactions almost instantly, and configure their own end applications and services without creating an infrastructure, establishing integration with legislation, formalizing interaction with payment services in every new country and every new bank from the very beginning. Since the platform has already had technological and legal integration, it can connect a new player cheaper and faster.

ZODIAQ stipulates improving security requirements that introduce strong customer authentication (SCA) with online access to the account, transfer of an electronic transfer order, and ensures specific security requirements for the channels used to transmit data of the user.

ZODIAQ platform, through an open API interface, it would ensure the data exchange with external information systems, and provides them with various ready-made services.

The ZODIAQ system will also offer a wide range of banking services and exchange transactions for its customers.

Zodiaq Crypto-Currency Exchange, abbreviated ZodEX, is a part of Zodiaq project and is an important infrastructure element.

In the world today, there is a huge amount of data the cryptographic world and ZODIAQ is going to introduce an AI/deep learning technology.

Project Ecosystem
Stage 1. Current state of the system

Ecosystem of a classic bank is the first stage of implementation of our project. In this ersion, all operational accounting will be implemented in a typical centralized banking information system (BIS). At the moment, the personal account of any bank user enables logging and performing 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 account of the bank user has already implemented the opportunity to register and perform the following typical actions:

• Creation of accounts in USD and EUR
• Creating wallets: BTC and ETH
• Transfer in the 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 withdrarwal of fiat currency
• Deposit and withdrarwal of crypto currency

Stage 2. Platform with API-connections

At the next stage of the project, ZODIAQ, following the provisions of the second payment directive of EU (PSD2), will unite representatives of the banking segment. Two key tools of the new platform: Payment Initiation Services Provider (PISP) and Account Information Service Providers (AISP), will be developed and introduced. Functions of API services are as follows:

drawing, certification and transfer of orders for transfer of funds;
data analysis and providing information on the client’s personal finances, recommendations for more effective management of savings, etc.;
providing information to third parties (for example, in order to assess the borrower’s solvency).
Using services of its own banking service, which will be actively developed at this stage, ZODIAQ will be one of the world’s first to perform operational testing of PSD2 formalized provisions and introduce new protocols.

Stage 3. Payment blockchain platform

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.

ZODIAQ business model
The management of commercial and corporate clients is the management of the company chosen by the ZODIAQ project team. The business units of our project will be:

crypto-bank;
The ZODIAQ system will offer a wide range of banking and exchange services for its clients. Private and business customers can go through a simple registration process on the platform's website, followed by assigning a unique personal identification number of the customer and access provided to the personal account interface with a wide range of functions. The ZODIAQ system bank will open a settlement account, both for a natural person and for a legal person. We offer you the possibility to manage different accounts (natural / legal persons) from a personal account.

crypto trade;
Zodiaq Crypto-Currency Exchange, abbreviated ZodEX, is part of the Zodiaq project and is an important infrastructure element, ZODIAQ decided to create its own exchange. At present, there is a wide range of prices on cryptocurrency transactions, which can reach 20% in some cases. ZODIAQ has developed an algorithm that takes exchange rates from 15 major exchanges, analyzes and offers the best price for the transaction.

hedge funds;
Hedge fund is an independent company whose main task is to manage its own funds and attract funds, in order to provide additional profitability. By creating its own crypto-fiat liquidity, ZODIAQ's structure becomes an indispensable tool that allows instant exchange transactions in cross-currency pairs within the system to be completed within seconds. Hedge Fund will manage these assets by trying to increase them based on the fundamentals of market analysis, capital management rules and management risk.

blockchain payment platform;
The payment platform is implemented in two stages. In the first stage of implementation, our payment platform will serve as a bridge between existing banks and existing payment services. At this stage, ZODIAQ will be able to provide products in demand, whose market reach can be estimated. For the second stage of implementation, the ZODIAQ project will replace banks rather than simply becoming a payment platform. So for the evaluation, we have to take into account all the current global turnover of the banking sector.

ZODIAQ Tokens
Tokens are issued on the Ethereum platform (ERC20) and distributed during the ICO between participants (customers), partners and consultants and the team. The total issue of chips is limited, and makes 300 million.

ICO's concept of conservation, when the ZOD token will be distributed, has a finite multi-step order. The method of gradually attracting funding has a number of advantages, both for the project and for potential project participants. The following series with the following indicators have been planned:

Hard cap is the total amount of investment required, which makes 104.719 million USD. Fees are based on the total number of coins collected at the current exchange rate, in USD equivalent.

The soft cap is the minimum amount of investment attracted, which makes $ 1.5 million. If the fee amount does not meet the minimum score, all funds collected will be returned.

Token distribution

Exchange Rate Token
The starting price of a token is 0.1 USD. Since all the major components of the project costs are accounted for in USD, it was decided to link the token to the USD. Token is a digital obligation to ZODIAQ (asset-backed token) services, which guarantees the conversion of tokens.

In the future, after all rounds of the ICO, it is proposed to place token quotes on cryptocurrency exchanges. The turnover of tokens on the secondary market is not excluded after the first rounds.

How, nice is not it! Hopefully with the present projec ZODIAQ can be useful as well as a reference in making decisions in brinvestment, let's support this projec. Good luck with all of us.

For more information about ZODIAQ ICO Project , please follow and visit the links below:
Website: https://zodiaq.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3411516.0
Facebook: https://www.facebook.com/ZodiaqCorp/
Twitter: https://twitter.com/zodiaq_io
Medium: https://medium.com/zodiaq
Telegram: https://t.me/zodiaq_group

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1409779