ZODIAQ - The financial ecosystem to make cryptocurrency management more

Zodiaq currently owns its home Bank, has a license for account opening and provides any operation (account management, transactions) both in crypto and in fiat currency, as well as its own cryptocurrency exchange.
Zodiaq plans to realize its own flexible platform based on open APIs and to debug solutions in the context of compatibility with its home bank. The goal of this process - to provide ready-made solutions for other banking sector players, whose implementation will require minimal resources, enables high-tech companies to become an independent link in daily transactions of Zodiaq customers to create their own infrastructure solutions without the need for development from the beginning. The use of blockchain technology in the heart of the system will increase the credibility of the service. The function of this technology without centralized management, therefore, is not subject to the cost and terms of the transaction.

Zodiaq's strategic objective is the establishment of a new financial infrastructure, which will replace the classical bank as a management service for the implementation of transactions between its counterparties.

Due to the widely developed infrastructure relationship with a large number of financial services and the formation of its own foreign exchange reserves, post-trade consumer processing services will be launched in the core business unit of the Zodiaq system. This mechanism will enable instant cash transfers in ZOD local currency for counter liability between users and companies for goods sold and shipped, financial instruments and services performed, based on opening in ecosystem contours.

What is Zodiaq?

Zodiaq, found online at Zodiaq.io, is a financial ecosystem aimed at making cryptocurrency management easier for everyone. This is a registered crypto bank in Comoros, a small island nation off the east coast of Africa.

Key features of Zodiaq include hedge funds managed by artificial intelligence, payment platforms capable of processing fiat and cryptocurrency, and payment cards paired with smart physical wallets.

Currently, Zodiaq seems to be in the early stages of launch, and there is limited information about projects available online.

Let's take a closer look at how Zodiaq works and how he plans to differentiate himself from other cryptocurrency banks.

How Does Zodiaq Work?

Zodiaq is a financial ecosystem consisting of several core features and functions, including all of the following:

Payment system

Zodiaq will have a payment gateway for merchants and individuals, allowing you to pay using a currency or fiat currency. Traders can use Zodiaq's payment system to receive crypto currency, for example, while paying a small commission. Zodiaq payment system is also connected to Zodiaq card.

Zodiaq Card

Zodiaq will have a payment card that lets you pay wherever you want - for example, wherever a bank or traditional credit card is accepted. You can withdraw money via ATM. You save fiat and cryptocurrency in your Zodiaq account, then choose whether your card will use fiat or cryptocurrency funds. You can change your funding source anytime via the Zodiaq mobile app or web app.

Smart purse Smart wallet

Zodiaq serves as a cool wallet, which allows storage of your cryptocurrency savings. You can tie a third party bank card with a smart wallet while enjoying a smooth payment option. You can connect your Zodiaq wallet to your card, for example, and manage your fiat and cryptocurrency via the wallet app. The Zodiaq smart wallet is a physical device - similar to cool storage wallets like Trezor or Nano. This wallet is equipped with e-ink screen, Wi-Fi, Bluetooth, and GSM module. Can connect to your PC or Mac via USB.

Crypto Exchange

Zodiaq will have a cryptocurrency currency exchange offering an easy UI, various financial instruments, and various financial assets available for trading. Exchange users will enjoy instant deposit and withdrawal options, including withdrawals and deposits via Zodiaq bank card.

Hedge Fund

Zodiaq will have a hedge fund with AI-based asset management system. The Zodiaq AI will use large data analysis and machine learning to implement successful investment strategies and scenarios. The hedge fund trading algorithm is currently being tested on Poloniex, where it is reported to have achieved a 100% profit over a 20 day testing period.

PRODUCTS OF THE SYSTEM

Stage 1. The current state of the system

Classic bank ecosystem is the first step that moves us. In this version, all operations will be implemented in a typical centralized banking information system (BIS). At this time, the personal account of each bank user uses logging and performs the following general actions:

. create accounts in fiat currency: USD and EUR

. create wallet: BTC and ETH

. transfers in currency between users (P2P)

. transfers in crypto currency between users (P2P)

. exchange p2p crypto-fiat between users

. purchase and sale of crypto-currency for users

. credit and debit fiat currency


. credit and debit crypto

At this time, the personal account of bank users has applied the opportunity to register and perform the following general actions:

. Creating accounts in USD and EUR

. Create a wallet: BTC and ETH

. Transfer in currency between users (P2P)

. Transfer in crypto currency between users (P2P) • P2P crypto-fiat exchange between users.

. Shipping and selling of crypto currency.

. Setting and returning fiat money back.

. Deposit and withdraw from the crypto currency

Stage 2. Platform with API connection

In the next phase of the project, ZODIAQ, for example the second payment terms of the European Union (PSD2), will unify representatives of the banking segment. The two main tools of the new platform: Payment Service Initiation Provider (PISP) and Accounting Information Service Provider (AISP), will be developed and introduced. The API service functions are as follows:

. image, certification and transfer of orders for funds transfer;

. analyzing data and providing information about the client's personal finances, excellence for more effective management, etc.;

. provide information to third parties (for example, to assess the solvency of the borrower).

By using the services of its own banking services, which will be actively developed at this time, ZODIAQ will be one of the first in the world to conduct operational assessments that can be formalized PSD2 and introduced new protocols.

Stage 3. Payment of blockchain platform

The world banking system and, in particular, the ZODIAQ team. At this stage of implementation, the core of the bank becomes digital and becomes online. Banks become decentralized. Fluid, any payment starts with each other. Blockchain platforms, banks and payment services can be examples of such agents. At this stage, the various blockchain platforms are decentralized into APIs. The core of the bank for payment with various payments. In addition, both individuals and legal entities can become client platforms. In this implementation process, block-platform can wait completely SWIFT completely. However, it is clear that SWIFT will remain a major player in the financial markets for a long time,

Crypto / Fiat Bank

The overall objective of Zodiaq is to function as a bank for cryptocurrency currencies and fiat currencies. Zodiaq will have a fully licensed and legal bank in the heart of its ecosystem. The bank will allow you to manage cryptocurrency currencies and fiat currencies across separate accounts from a single dashboard. You can enjoy instant money transfers and make deposits in fiat currency or cryptocurrency currencies.

Zodiaq Token Distribution

Zodiaq will distribute 80% of tokens to investors, 10% to founders and teams, 3% for prizes, and 7% for partners.

Tokens are listed under the ZOD symbol. Zodiaq accepts BTC, ETH, XRP, BCH, LTC, DASH, and XEM as part of the token sale to come. They also set an upper limit of 5000 ETH for token sales.

ROADMAP

2017

INFRASTRUCTURE

The acquisition of a trust fund (financial institution) Nordic Heritage Trust

February 2017

Receive SWIFT, FATCA, AML for trust funds

April 2017

Account opening with Wells Fargo Bank

May 2017

BANK

Starting from the development of banking platform

July 2017

Starting from the document at the bank

September 2017

Obtain a Bank License

December 2017

EXCHANGE

The beginning of the exchange platform development

February 2017

DANA HEDGE

Initial development of passive elements of hedge fund management (buy / hold), interface development, large data data and fundamental indicators

August 2017

Trial of trading algorithm

December 2017 - January 2018

2018

BANK

Getting FATCA / GIIN for the bank

January 2018

Receive SWIFT for the bank

February 2018

Start by using the banking MVP platform

February 2018

Account opening in crypto currency

April 2018

Account opening in fiat currency

May 2018

P2P Transfer

May 2018

P2P exchange with escrow

May 2018

Visa / MasterCard Card

October 2018

Loan with crypto currency

December 2018

Mobile banking applications

December 2018

EXCHANGE

Test exchange

January 2018

Transfer from change to work server

September 2018

DANA HEDGE

Obtained license for hedge fund

October 2018

Get started with hedge funds

October 2018

PAYMENT SYSTEM

Multi Crypto currency account

February-March 2018

2019

BANK

Payment of NFC and POS terminals

Q1 2019

EXCHANGE

Trading margin

Q4 2019

PAYMENT SYSTEM

Self-service

Q2 2019

Crypto currency pickup

Q2 2019

Open API

Q4 2019

The date for token sales has not been announced in April 2018.

Who's Behind Zodiaq?

Zodiaq is led by Oliver Kempkens (CEO), Aleksandr Gorbov (CVO and CO-Founder), Pavel Dmitriev (CMO and Co-Founder), Erik Shekhmametev (COO and Co-Founder), Vyacheslav Grachev (CTO), and Ilya Churakov Marketing strategy).

There is little information about these people available on the Zodiaq website. Oliver, the CEO, for example, has only two sentences explaining his qualifications:

Oliver Kempkens (CEO): Financial and fintech solutions and consultations. Experience in the field of stock and currency markets "

In addition, we do not know anything about the man, and there is no link to LinkedIn profiles or other third-party sources.

Conclusion Zodiaq


As of April 2018, there is limited information about Zodiaq available online. Links to whitepapers currently do not work, and there is limited information about projects that are available online as a whole. We know that the company will offer cryptocurrency and fiat currency banking through a legitimate and registered bank, but we do not know many details beyond that.

For more information:

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

Media:  https://medium.com/zodiaq

Telegram:  https://t.me/zodiaq_group

Author: Alberto Hiro

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=980422


ETH Address: 0xc828d8F4FFc021DaCb9e9ea21269C66a03Ef15cE