ZODIAQ

CRYPTO-FIAT BLOCKCHAIN PLATFORM

It is difficult to imagine the modern world without an electronic payment system. The idea of prepaid cards appeared at the end of XIX century and was revived in the second half of XX century in USA, entering into the everyday life of each human. It was during this period that Diners Club issued the world’s first payment card, which was not universal, what restricted its use greatly. Nevertheless, the precedent proved to be successful, and as early as in 1958 the Bank of America issued the world’s first universal bank card, which was called BankAmericaCard and became known worldwide as Visa.

Convenience of non-cash transactions today led to the formation of a significant number of electronic payment systems in the world. Digital money has penetrated into routine life: we can secure any operation, from payment of utilities to a currency contract. However, the growth of popularity of payment services did not allow ensuring security of electronic payment properly. Such a process inevitably caused new regulatory norms of payment intermediaries and a significant increase in the cost of their services.

Crypto-currency, technologically based on blockchain, is a special case of electronic money. It ensures accuracy and consistency of the data, and a lot of money is spent in the fiat system for that. The decentralized mechanism of crypto-currency excludes the necessity of any intermediary controlling payment data during an operation, what lowers its cost.

At the same time, the absence of legislative support for cryptocurrencies in some countries and infrastructural solutions that ensure conversion to financial funds does not allow crypto-currencies gaining a completely legal status at the international level. In turn, this causes a lack of tools to integrate the crypto-currency sector and traditional fiat monetary system.

What can affect this situation? In the next few years, the occurrence and development of standards for remote connection to banking services will enhance the role of technologies in the financial sector. This will be a big step forward for both private payment resources that will be able to get more comfortable conditions for their development and scaling, as well as end users who will get better and personalized financial services.

Payment platform

The payment platform is implemented in two stages. At the first stage of implementation, our payment platform will be a bridge between existing banks and current payment services. As early as at this stage, ZODIAQ will be able to provide products in demand, market scope thereof may be estimated as follows:

For a quantitative assessment, let’s take the turnover of Visa, MasterCard, PayPal. According to bloomberg.com, non-cash turnover of Visa and MasterCard is 4.3 trillion USD for 2016. Commission fees for transfers (with the exception of interbank) make from 0.2% to 1%. At the second stage, the platform will replace banks in terms of money transfer operations.

The banking sector will be redistributed in the near future. The banks used to perform both saving and transfer of money, and soon payment platforms will be able to perform transactions with accounts, while banks will remain only safe purses to save money. In the rest they will be replaced by advanced platforms, e.g. ZODIAQ.

Having started implementation of its ZODIAQ project at the stage of forming a new market, we are striving to occupy 3% of the formed market of crypto-exchange platforms.

For the second stage of implementation, ZODIAQ project will replace the banks, rather than simply become a payment platform. So, for the assessment one should consider the entire current world turnover of the banking sector. According to the most conservative estimates, this figure is 151.07 million USD a year.

BUSINESS MODEL

Strategic management

Servicing of retail and corporate clients is the business direction chosen by the ZODIAQ project team. Business units of our project will be as follows:

• crypto-bank;
• crypto-exchange;
• hedge fund;
• payment blockchain-platform.

The initial line of products and services can be represented as follows:

• servicing of individuals:
• non-cash transfers;
• deposits;
• currency exchange:
• crypto-currency – crypto-currency;
• crypto-currency - fiat;
• fiat-fiat;
• operations with bank cards;
• servicing of legal entities:
• non-cash transfers;
• accepting payments from retail clients;
• deposits;
• currency exchange:
• crypto-currency – crypto-currency;
• crypto-currency - fiat;
• fiat-fiat;
• exchange bidding

As any infrastructure project, ZODIAQ project has a commission structure of incomes.

• Operational services;
• Processing of payments;
• Crypto-currency acquiring;
• Card programs;
• Currency exchange;
• Exchange transactions;
• Lease of liquidity.

The strategic objectives of the ZODIAQ project are as follows:

• strategic goals of the bank:
• increasing the bank’s capitalization;
• achieving financial stability of the bank;
• reaching net profit of 48 million USD a year;
• establishing branches – bank partners in Europe, Asia and America;
• become one of the top 10 crypto-banks of the world;
• increasing popularity and recognition of the bank;
• creating Private-Banking direction;
• strategic objectives of the exchange:
• achieving financial stability of the exchange;
• reaching bidding volume of 520 million USD per year;
• increasing reputation and recognition of the stock exchange;
• improving customer satisfaction with quality of service;
• attracting and retaining strategic partners of the exchange

For future analysis of the system, KPI indicator model will be developed for all the strategic objectives:

• Finance:
• financial stability index;
• finance management effectiveness index;
• bank’s capital;
• bank’s position in the world rating of crypto-currency banks;
• scope of investments;
• profit;
• clients - SCI, NPS;
• processes:
• share of formalized business processes in the bank;
• automation tasks performance index;
• effectiveness of internal business processes.

Organizational structure

The outline of ZODIAQ project comprises a bank, a stock exchange and a hedge fund. Every of them is a separate legal entity, registered and licensed according to the legislation valid at its location. Zodiaq Company Limited (Company Number: 11224510) registered in the UK, is the main shareholder (signatory power) of these companies. This management structure is linear, where the head of every direction is subordinate to the main joint-stock company Zodiaq Company Limited.

PROJECT'S ECOSYSTEM

TECHNOLOGIES

Stage of development of service part of ZODIAQ

• Implementation of basic operations: replenishment, exchange, transfer and withdrawal. This stage is realized with the help of specialized tools that manage bank accounts, crypto-currency wallets, and by means of connecting classical payment systems that ensure transfer of fiat-currencies.
• Exchange
• Launch of specialized financial instruments using blockchain-based solutions, marketplace tools: letter of credit, loan, deposit for individuals and legal entities, and stock exchange.
• Payment system on the blockchain. Working with individuals, ensuring performance of international payments without using intermediary currencies and classical transaction channels (SWIFT).
• Blockchain infrastructure. Integration and rendering of services for clients on the use of specialized
• telecommunications infrastructure, protected by quantum communications, for the safe storage and transmission of data
• Bank as a service solution. Using ZODIAQ ecosystem as a universal cloud financial infrastructure with an open API.

AND MORE...

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.

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Author : Kelampok ijo

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