Want to share with all here an interesting part of the interview with the ZED CEO, Alan Safari, where he answers the question about how does he come to the idea of concept for the ZED network. This IMO shows the potential of the project at all!
And here is his answer:
"I launched a small digital Money Transfer Operator (MTO) in Canada called ZipZap which was very successful and was getting good user adoption. We were approached by a number of other MTOs in the US and Canada asking if they could license our apps to use for their own clients.
We looked at the value proposition and costs and couldn’t make the numbers work with a typical licensing partnership. Plus, our mission was to reduce remittance costs not add to it!
It wasn’t until the popularity of tokens and ICOs in 2017 that we were able come up with a plan to license a comprehensive white label solution to the MTOs at no cost that the idea just took off."
Good to know that the CEO itself has a lot of experience in running this kind of business, it will encourage people to invest in ZED because the team have experienced the problems and found a way to resolve it using modern technologies.And here is his answer:
"I launched a small digital Money Transfer Operator (MTO) in Canada called ZipZap which was very successful and was getting good user adoption. We were approached by a number of other MTOs in the US and Canada asking if they could license our apps to use for their own clients.
We looked at the value proposition and costs and couldn’t make the numbers work with a typical licensing partnership. Plus, our mission was to reduce remittance costs not add to it!
It wasn’t until the popularity of tokens and ICOs in 2017 that we were able come up with a plan to license a comprehensive white label solution to the MTOs at no cost that the idea just took off."
This would be the most promising project that would attract more investors in the future.. the team is really giving there best yo prove that this project will success.
