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  • Writer's pictureRicardo

Introduction to our Ecosystem

Updated: Nov 14, 2022

Our basic human need for authentic communication and social connection within our trusted networks of friends and coworkers is more crucial than ever as the world around us becomes increasingly complex and uncertain. Unfortunately, today's social platforms are still limited by their functionality. We're going to elevate their functionality by offering a social platform that allows people to connect and interact with one another, transfer money to one another, and make payments.

Furthermore, even 13 years after the release of Bitcoin, cryptocurrencies, and blockchain have yet to go mainstream and see widespread adoption in our everyday lives. There are many reasons for this, whether it be a difficult learning curve, volatility in price, or just plain suspicion. To change these perceptions and provide a valuable, everyday use case for cryptocurrency and blockchain that will enhance daily life and connect users across the globe, we have created a unique new ecosystem consisting of LifeApp, ZEDPay, and ZEDCoin.

LifeApp is a next-generation Social Messenger Platform incorporating ZEDPay and ZEDCoin, a unique blockchain payment solution. These features come together to provide an all-in-one solution that allows users to interact with each other, send and receive digital payments directly from the chat box with the person they are connected to, or make purchases by simply scanning a QR code.

All the features you'd expect from a solid platform will be available in the LifeApp social messenger, including voice and video calls, file sharing (image/video/GIF), Groups, and more. These features will even be available in countries where voice over Internet Protocol (VoIP) calls are banned, such as in the UAE, thanks to our use of proxy servers. Anyone comfortable with using a smartphone should have no trouble using our app, as the app is designed to be simple, user-friendly, and safe.

With ZEDPay, we will allow users to send money to anyone, anywhere across the globe instantly, and pay for items in stores or online for much cheaper than traditional payment rails such as Visa or Mastercard. This is because we have built ZEDPay on the Proton blockchain, a payment-focused blockchain that allows us to provide near-instant and gas-free transactions.

Moreover, we have created a stablecoin called ZEDCoin, to tie our ecosystem together. ZEDCoin is pegged 1:1 to the US dollar, meaning 1 ZEDCoin has the same value as 1 US dollar. This is key to our ecosystem because it allows our users to transact with a stable exchange value and avoid the volatility of traditional cryptocurrencies. Also, this is particularly important when using cryptocurrency in everyday life, such as purchasing coffee or groceries. Imagine this scenario: you use your bitcoin to buy a cup of coffee, only to have the price of bitcoin skyrocket, where you would have been able to buy 2 cups of coffee for the same amount of bitcoin only a few days later. By being pegged to the US dollar, ZEDCoin can avoid any volatility when sending money or making payments.

By creating an easy-to-use interface and unique features not found on any other platform, LifeApp, ZEDPay, and ZEDCoin provide a unique ecosystem. Our ecosystem aims to bridge the gap between consumers' needs to interact with each other, engage with traditional currencies for payment, and the current learning curve associated with using cryptocurrencies.

What’s more, is that the team behind this ecosystem is focused on long-term success and bringing an everyday use case for cryptocurrencies to millions of people. Top Japanese engineers created our app and blockchain payment system, ensuring an efficient, top-quality product with no compromises.

Finally, we believe that the ability to send and spend cryptocurrency stably and efficiently on a secure, flexible, and user-friendly social platform opens a whole world of new possibilities.



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