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ZEON news
About ZEON
ZEON Network (ZEON) bills itself as a decentralized platform for financial services. It aims to offer Instant access to cash without selling: the crypto-backed loan is based on the market value of the crypto assets. It also aims to allow users to earn daily interest on digital assets via deposits. The ZEON Wallet is an Ethereum and Bitcoin wallet which can be installed on Google Chrome, iOS, and Android. The project plans to introduce a contactless payment card in 2020 to enable users to spend the ZEON token like traditional money. The ZEON team is reportedly developing its own public high-throughput blockchain platform with sharding.
What is ZEON?
ZEON represents a decentralized platform aimed at providing a variety of financial services within the crypto-economy. It is designed to facilitate secure transactions and offers users the ability to access instant cash without the need to sell their crypto assets. This is achieved through crypto-backed loans, which are determined by the market value of the user's digital assets. Additionally, the platform encourages users to earn daily interest on their digital assets through deposits.
The platform is not only focused on financial services but is also in the process of developing its own public blockchain platform. This blockchain aims to offer high throughput and incorporates sharding technology to enhance its performance and scalability. Sharding is a method that allows for the division of the blockchain into smaller, more manageable parts, which can process transactions simultaneously, thereby increasing the overall capacity of the network.
ZEON also has its own native token, which plays a central role within the ecosystem. This token can be used for a variety of purposes within the platform, including the payment of fees and participation in specific platform functions.
One of the notable features of the ZEON platform is the ZEON Wallet, which supports both Ethereum and Bitcoin. This wallet is available on multiple platforms, including Google Chrome, iOS, and Android, making it accessible to a wide range of users. Furthermore, the project has announced plans to introduce a contactless payment card. This card aims to enable users to spend their ZEON tokens similarly to traditional fiat currencies, further bridging the gap between cryptocurrencies and everyday financial activities.
As with any investment in the crypto space, it's important for individuals to conduct thorough research and consider the risks involved. The crypto market is known for its volatility, and while platforms like ZEON offer innovative solutions, potential users should carefully evaluate their investment decisions.
How is ZEON secured?
ZEON's security framework is multifaceted, incorporating several layers to safeguard its network and users' assets. At its core, the platform employs enterprise-grade security measures, a robust standard that ensures a high level of protection against potential threats. This is complemented by the use of on-chain asset settlement processes, which enhance the integrity and transparency of transactions within the network.
Further reinforcing its security posture, ZEON utilizes smart contract validation. This involves rigorous testing and verification of smart contracts to prevent vulnerabilities and ensure they operate as intended, minimizing the risk of errors or exploitation.
Regular security audits are another critical component of ZEON's security strategy. These audits are conducted by external parties to assess and improve the security of the network, identifying and rectifying potential weaknesses before they can be exploited.
End-to-end encryption is employed to protect personal information and communication within the network, ensuring that sensitive data is only accessible to the intended recipients and safeguarded from interception or unauthorized access.
ZEON's commitment to security is evident in its approach to protecting personal information and assets, employing a comprehensive suite of measures designed to offer a secure environment for its users. This includes the development of its own public high-throughput blockchain platform with sharding technology, aiming to enhance scalability and security further.
As with any investment in cryptocurrencies, it's important for individuals to conduct thorough research and consider the inherent risks before committing funds.
How will ZEON be used?
ZEON serves multiple functions within its decentralized financial services platform, catering to a variety of needs in the crypto-economy. Primarily, it offers a novel solution for users to gain instant access to cash without the need to sell their digital assets. This is achieved through crypto-backed loans, which leverage the market value of the user's cryptocurrency holdings to provide liquidity while allowing the user to retain ownership of their assets.
Additionally, ZEON incentivizes users to deposit their digital assets by offering the opportunity to earn daily interest. This feature not only provides a passive income stream for users but also encourages the retention and accumulation of digital assets within the ZEON ecosystem.
A significant aspect of ZEON's utility is its integration into everyday financial transactions through the introduction of a contactless payment option. This initiative, which includes the planned launch of a payment card, aims to bridge the gap between traditional financial systems and the crypto-economy, enabling users to spend their ZEON tokens as easily as traditional currency.
Beyond these user-centric services, ZEON is committed to enhancing the security and user-friendliness of transactions within the crypto space. The development of its own public high-throughput blockchain platform, incorporating sharding technology, underscores this commitment. This technological foundation is designed to facilitate secure, efficient, and scalable transactions, making ZEON a robust platform for secure purchases and financial services in the crypto-economy.
The combination of these features, along with a strong community support and availability on top exchanges, positions ZEON as a noteworthy participant in the cryptocurrency market. It's important for potential investors to conduct thorough research and consider the evolving landscape of the crypto-economy when evaluating ZEON and its offerings.
What key events have there been for ZEON?
ZEON Network has been making significant strides in the cryptocurrency and blockchain space, focusing on developing innovative solutions to enhance the user experience and broaden the use cases of cryptocurrencies. A key development for ZEON has been the creation of its own public high-throughput blockchain platform, which incorporates sharding technology. This advancement is aimed at improving scalability and transaction speeds, addressing some of the common challenges faced by blockchain networks.
In addition to its blockchain platform, ZEON has introduced a wallet that is compatible with multiple operating systems, including Google Chrome, iOS, and Android. This wallet supports Ethereum and Bitcoin, making it accessible to a wide user base and facilitating the management of digital assets.
A notable initiative by ZEON is the introduction of a crypto-backed loan system. This feature allows users to obtain instant access to cash based on the market value of their cryptocurrency holdings without the need to sell their assets. This system provides a flexible financial solution for cryptocurrency investors, enabling them to leverage their digital assets while retaining their investment positions.
Furthermore, ZEON aims to offer users the opportunity to earn daily interest on their digital assets through deposits. This approach not only incentivizes users to hold onto their cryptocurrencies but also provides them with a passive income stream, enhancing the overall value proposition of the ZEON platform.
Looking ahead, ZEON had plans to launch a contactless payment card in 2020. This card is designed to allow users to spend their ZEON tokens as they would traditional money, bridging the gap between cryptocurrencies and everyday financial transactions. This move could significantly increase the utility and adoption of the ZEON token.
ZEON's active engagement in updates, improvements, and partnerships highlights its commitment to growth and success within the cryptocurrency world. By focusing on user-friendly financial services and leveraging blockchain technology, ZEON is positioning itself as a key player in the decentralized finance (DeFi) sector.
The live ZEON price today is $0.000547 USD with a 24-hour trading volume of $12,895.52 USD. We update our ZEON to USD price in real-time. ZEON is up 1.90% in the last 24 hours. The current CoinMarketCap ranking is #878, with a live market cap of $16,703,754 USD. It has a circulating supply of 30,529,103,436 ZEON coins and the max. supply is not available.