Blue Star Capital Share Discussion Threads

[doodlebug4] 18/1/2018 13:20

Canadian startup ZED Network is looking to launch a new blockchain-powered global payments platform that promises to enable faster and cheaper remittances services.

The platform-as-a-service (PaaS) offering will be built on the Stellar distributed network with connectivity to bitcoin and ether as methods of payment. It intends to provide money transfer operators with an integrated suite of remittance products including a digital wallet, web app, mobile app, facility to exchange multiple currency pairs, and a back office with analytics and reporting tools for compliance and monitoring.

The ZED platform will be targeted at smaller, non-bank money transfer operators around the world, which the company claims, cannot compete against global leaders such as Western Union and MoneyGram due to technological and banking limitations.


According to the World Bank, global remittance hovers around US$600 billion per year. Western Union, UAE Exchange, MoneyGram and RIA, the four global leaders, make up for 25% of all transfers.

The other 75% is divided among a long tail of thousands of small to mid-tier money transfer operators, which are often unable to grow past their initial market and scale up due to challenges such as banking, cash glow and technology.

According to the CEO and founder of ZED Network, Alan Safahi, who also is the CEO and founder of payment platform ZipZap, the ZED platform and token will “not only benefit small to mid-size MTOs currently ill-served by the traditional banking system and subject to prohibitive licensing and transaction fees, it will also dramatically benefit millions of individuals worldwide, many of whom are unbanked and the worst affected by the current high transaction fees charged by the traditional money transfer operators.”

The company says that in the same manner that SWIFT connects banks together on a global basis, the ZED Network intends to create and power a global network of licensed money transfer operators in multiple countries.

The ZED platform will be powered by the ZED token, a cryptocurrency built on Stellar’s mining-free, distributed ledger. ZED tokens will be available to money transfer operators to buy and use solely for utility purposes of facilitating remittances worldwide.

The company says it will target gateways in Canada and the Philippines first, followed by the UK, US, Europe, Latin America, Southeast Asia, China, Japan and South Korea by the end of 2018.

A product launch in pilot is scheduled to be released in Q1 2018.

coinjournal.net

[gregpeck7] 18/1/2018 12:18

1mm on offer at 0.45 on l2 FYI.

[patientcapital] 18/1/2018 12:13

Can read your posts 3rd but not peck’s not that it is of any interest.

[doodlebug4] 18/1/2018 12:12

Stellar Lumens up 46.12% at the moment.

[patientcapital] 18/1/2018 12:10

Weird can see now. What's 4999 all about?

[patientcapital] 18/1/2018 12:07

Can’t read your post on mobile app 3rd so switched to desktop via safari. Bit strange and Advfn have yet to explain why this is. Happens for quite a number of posters eg tpb on btc and master rsi.

Strange as well that Tilly (who most think is viera on lse) didn’t declare going below 3% while rearranging his holding. Not that the regulator does much anyhow!

[3rd eye] 18/1/2018 12:07

Donald, donald donald, you are DOOMED DOOMED, I say.

[3rd eye] 18/1/2018 12:06

Also shows all along people have been taking on spread bet shorts to bring the share price down.

It wasnt funds selling only but a combination of both which explains the high level of sells and where they were all coming from.

[3rd eye] 18/1/2018 11:58

Mr Slater no relation to THEE Slater family as some claim on Donald Doodlebugs thread.

Patient Capital i think your bang on. Taking on the spreadbet to have a more liquid position so if the market collepses he can get out quicker imo.

The fact he as opened a spreadbet just goes to show those who denied S/Bets werent available on this stock were totally wrong. 0.3 next target.

[gregpeck7] 18/1/2018 11:23

Expect the lion bounce to head over here now lol

[chesty1] 18/1/2018 08:28

There's todays top now time for downward dog!

[cool hand kev] 18/1/2018 08:17

Here come's the bounce. I was spooked out of lion at about 1.5p only to see it then rise to 6p

[tomboyb] 18/1/2018 08:11

Worth a punt at these levels with the buyer around -

[xajorkith] 18/1/2018 08:10

Good to see Mr Slater buying more here yesterday & a clear vote of confidence after the recent pullback.

[doodlebug4] 18/1/2018 08:04

888ICB - refer back to post 1838

[cool hand kev] 18/1/2018 08:01

Perhaps Nicholas Slater was the 11 million buyer yesterday ?

[patientcapital] 18/1/2018 07:59

Looks like Mr Slater sold most of his physical stock and took on a larger spreadbet. Explains the selling. Is this right, Tilly?

[flashheart] 18/1/2018 07:48

If he's affiliated to the recognised Slater investing family which I would assume to be the case then they are very astute people!

[888icb] 18/1/2018 07:40

Do we know anything about Nicholas Slater who has notified increasing his holding above 3%

[cyberbub] 18/1/2018 07:38

Looks like Nicholas Slater has been taking advantage of the drop...

[tilly99] 17/1/2018 22:22

One more knock to 38 tomorrow ?

[thegrumpster] 17/1/2018 22:12

Few more jobs vacant?




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[doodlebug4] 17/1/2018 22:06

Stellar Lumens bouncing - up 22.76% at the moment.

[cool hand kev] 17/1/2018 20:05

Losses could be recouped at PYC tomorrow. Ramp intended.
Bitcoin recovering.