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The dream of instant circulation of labor value
At present, the payment and settlement forms of global labor remuneration mainly include hourly salary, daily salary, monthly salary and annual salary, among which monthly payment is the mainstream. The reason is mainly that the financial settlement of the enterprise has certain periodicity, and the enterprise needs a relatively controllable plan according to the actual situation such as specific business, cost, and management mode.
From the perspective of the labor sides demand, the shorter the time gap between the labor time payment and the corresponding value return, the better. Even when conditions permit, labor remuneration can be continuously recorded in the account as the labor is completed, which seems to be the most ideal way to obtain labor returns.
However, under the process of centralization, this vision will undoubtedly face a severe test. Whether it is the feasibility or operability of the scheme, it is almost impossible to challenge. However, with the gradual development of the digital economy, especially the rise of decentralized finance (DeFi), with the support of smart contracts, continuous labor value realization and redemption will no longer be just a dream.
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The pioneer of Solanas ecological real-time flow payment
In the traditional financial settlement system, there is not only a fee collection by the intermediary agency for fund transfer, but also a certain processing time. In this regard, the Zebec protocol dedicated to instant streaming payments will provide a unique second-level transmission method and support continuous and fast streaming of funds. Users can also make continuous payments according to the time and amount they set.
As a programmable continuous settlement agreement, Zebec is also committed to creating a value-combinable transmission solution and realizing the implementation of specific applications from the perspective of Zebec Pay products. At the same time, customizing multi-signatures through Zebec Safe will further promote this revolutionary DeFi applications, and use it to escort instant, hassle-free and continuous payment flow.
Since the payment flow protocol is completely on-chain, Zebec will have no risk of middlemen, delays, high fees, failure to pay, etc. Users can use the blockchain wallet to connect with Zebec, and enter the recipients wallet address to start the fund transfer.
Based on the superior performance of the Solana blockchain, Zebec is expected to become a payment service provider with competitive advantages in application scenarios such as DAO, Web3. .
As a major feature of the protocol, Zebec represents a modular currency, which can be upgraded in layers and can be extended through governance. As a distinctive financial innovation point, programmable capital flow can establish continuous connection with user wallets and carry out automatic payments, and can be opened for investment and transaction applications.
Based on breakthrough programming features, Zebec can greatly expand Solanas ecological scale without sacrificing any decentralization or security. In the development stage of the industry where new concepts such as Web3.0, Metaverse, and NFT are constantly moving towards application, Zebec is expected to contribute practically to the ecological evolution of Solana.
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Productization realization of value transfer
As Zebecs first product for combined value transfer, Zebec Pay provides a low-fee payment solution, supports the use of stablecoins and other cryptocurrencies for quick payment of salaries, and is committed to eliminating the gaps in the gig economy (Gig Economy). Various payment disputes.
Zebec Pay not only supports real-time, fast, automatic, and adjustable cryptocurrency conversion between two parties or even multiple parties, but also provides zero-cost encrypted payment services for users. In addition, users can also access Zebec Pays native financial services, including encrypted investment, participating in DeFi mining to obtain income, etc.
Additionally, employees using Zebec Pay can easily allocate part of their paychecks to compliant encrypted IRAs as well as 401k accounts. At the same time, without paying any fees, users can also convert cryptocurrencies into US dollars and transfer them to their personal bank accounts.
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The future of on-chain payments
The founder of the Zebec project, Sam Thapaliya, graduated from Menlon College. As an expert in AI and video analysis platforms, he won the Entrepreneurship and Innovation Award in 2020. In his opinion, in order to realize the vision of DeFi and Web3.0, Zebec came into being to provide fast, non-delayed, smooth and continuous capital flow and settlement, build a native solution for DeFi programmable expansion, and will become the future on-chain payment The main mode of the Web3.0 digital economy and the substantial transformation of the weapon.
Ajay Gautam, co-founder and chief technology officer of Zebec, is a senior technical geek in network security and developed the security application tool ReconwithMe in 2019. After entering the blockchain field, he believes that in addition to the model and benefits of decentralized finance, the construction of security is particularly important. Combined with the financial settlement business of the Zebec project, Gautam hopes to incorporate more payment security solutions into it.
As Zebecs project token, ZBC has protocol governance functions, with a total supply of 10 billion. At the same time, ZBC also has some important practical functions for its holders and Zebec users. After ZBC goes online, Zebec will allow ZBC holders to obtain income through staking and other methods.
In terms of investment and financing, in November last year, Zebec announced its launch on the Solana blockchain and raised $5.5 million in financing. The round was led by Republic Capital, Shima Capital, and Breyer Capital, with participation from Launchpad Capital, Meltem Demirors, Resolute Ventures, Infinity Ventures Crypto, and Joe McCann.
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Summit AscendEX: Embracing the innovative value of DeFi
Based on the professional vision from the traditional financial industry, as early as 2019, Summit AscendEX began to lay out the DeFi field, and provided multi-angle support for DeFi projects through measures such as project initial launch, token pledge, and liquidity mining.
Starting from August 2020, among many Solana ecological projects worthy of attention, Summit AscendEX has supported many projects with great application potential, good development performance and outstanding market performance, including SRM (+4682.35%), OXY (+4060 %), FIDA (+1900%), AKT (1669.23%) and MAPS (+720%), etc.
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