Early backers of the Zeebu ecosystem play a crucial role in regulating processes and rewards within the ecosystem. Partners govern merchant and customer rewards percentages and business operations, changing the ecosystem policies with on-chain or off-chain voting and ensuring compliance with KYC/AML policies. Early backers receive governance rewards of up to 3% of the value of settled invoices for their essential contribution to platform governance.

These partners will receive governance rewards in perpetuity during the token vesting period. If early backers liquidate their tokens, they will lose the governance rights and will not be eligible for rewards. Early backer governance rewards will also be subject to change based on the decisions made by the group of entities comprising the governance layer.

The Zeebu platform offers its users a secure and non-custodial wallet solution, giving users complete control over their Zeebu tokens (ZBU), without relying on any centralized entity. To ensure the governance of the wallet, a group of nodes validates all transactions in and out of the wallet on the blockchain. Decentralized wallets offer the highest security, privacy and control over stored assets.

Zeebu platform users receive a private key that grants them exclusive access to their ZBU tokens. No one else on the platform will have access to this key, which allows users to store their ZBU tokens with complete confidence. The platform uses the public address of each wallet to send ZBU tokens directly to the receiver from respective invoices. It is up to the user to safeguard their private key, and any loss of the key is at the total risk of the user, not Zeebu.

Zeebu’s decentralized wallet allows users to perform various functions, such as storing ZBU and all other supported tokens, swapping supported tokens, and depositing and withdrawing tokens to any on-chain or off-chain wallet. Users can also take advantage of the DEX Liquidity Pool to quickly and easily swap tokens.

Zeebu’s decentralized wallet provides a secure and convenient solution for storing and managing ZBU tokens and other supported tokens. Users can rest assured that their private keys are fully under their control, and their valuable assets are safe and secure.

Telecom carriers must have access to all business information in one single view. Zeebu understands that the telecom carrier business is highly operations-intensive, fast-moving, and involves multiple stakeholders for service delivery. Zeebu designed our merchant and customer dashboard with this in mind, creating a bespoke and intuitive dashboard to serve these industry-specific needs. The Zeebu platform provides a single view of all business activities, including customer onboarding, invoice generation, payment, wallet balance, rewards, and token purchase options.

Telecom carriers, as part of the call flow network, act as both merchants and customers concurrently. Revenue inflow to the merchant account and outflow from the customer account could be a sequential or parallel process. Therefore, we provide a single login account so carriers can instantly keep track of both revenue and payables in one view.

Zeebu’s team of experts have deep insights into the legacy systems and processes for managing telecom carrier businesses, and our platform was built with this knowledge. Our dashboards overcome the challenges of legacy systems and offer an easy-to-use interface to allow telecom carriers to be onboarded to the platform with a minimal learning curve. Users will have upfront access to all important features.

Zeebu understands that telecom carriers operate in a fast-paced business environment. Many stakeholders are operating on the go to meet the demands of their global business, so we made sure Zeebu developed a mobile-compatible dashboard to ensure access to important information and tools across devices. Zeebu’s simple, intuitive interface and real-time updates enable business users to run operations effectively any time, anywhere.

In addition to the simplicity and ease of use of the Zeebu platform, users will also earn rewards with every successfully settled transaction. When an invoice is settled between two Zeebu ecosystem partners, both parties receive Zeebu tokens as rewards. Each user can see their reward balance in their dashboards and can use Zeebu tokens to settle future invoices. Users can see their wallet balance in the Zeebu dashboard, with a clear view of their balances in fiat, other stable tokens, and Zeebu tokens.

Zeebu has formed a strategic partnership with a leading payment processing system to enable effortless transactions between merchants and customers. This intermediary system allows telecom carrier businesses to use ZBU tokens to complete transactions. The payment processor is responsible for verifying transactions and converting ZBU tokens into fiat currency or stable tokens, which are then transferred to the merchant’s account.

The payment processor boasts several key features that make it a valuable asset to the Zeebu ecosystem. Firstly, it seamlessly integrates with the Zeebu wallet and dashboard, eliminating any need for users to switch between interfaces. It is also highly secure, with robust features such as customer data encryption, two-factor authentication, and fraud detection mechanisms.

The Zeebu platform operates in accordance with stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are a set of guidelines and procedures that financial institutions must adhere to in order to verify the identity of their customers and prevent, detect and report financial crimes. These policies are required by law in many countries and are enforced by regulatory authorities.

Zeebu provides automated currency conversion and supports multiple fiat currencies and stable tokens, giving merchants the flexibility to accept payments in their preferred currency. Transactions are processed quickly, with settlement occurring in seconds and immediately generating a settlement report. Real-time reporting ensures that all parties involved receive instant notifications of transaction success or failure. The transaction fee is also much lower than that of competing payment systems, costing 1% for Zeebu ecosystem partners, compared to the standard 2-3%.

Zeebu’s Unified Transaction Settlement Hub

Innovative technologies are a crucial part of transforming industries and continually progressing to offer each stakeholder the best services. Traditionally, the telecommunications industry innovated within the realm of infrastructure and service efficiency. As infrastructure has reached all-time heights, the industry is primed to innovate to reduce operational deficiencies that have resulted in decreasing margins and high operational expenditure.

The traditional payment processing mechanisms used by telecom companies rely on outdated offerings by traditional banks. These offerings do not cater to the specific needs of the telecom industry, resulting in high-cost payments that continually impact customers’ bottom line on every transaction. The Zeebu ecosystem reduces friction in remittances, cross-border payments, invoice settlement, and payment delays. By leveraging new technologies such as blockchain, combined with a comprehensive understanding of the telecom service architecture, Zeebu transforms invoice settlement and transaction processing for the industry.

Zeebu’s comprehensive platform is built to service the telecom carrier industry across the globe. The platform offers a suite of services that simplify invoicing and transaction settlement for the telecom carrier industry, making processes both efficient and user-friendly. The platform caters specifically to the needs of two key players in the telecom carrier industry: merchants and customers.

In order to successfully cater to the needs of both customers and merchants, the Zeebu platform is built with proprietary components and has partnered with the Zeebu Payment Processor to enable simple crypto-to-fiat and fiat-to-crypto transactions.

Each telecom carrier business in the ecosystem typically operates in a dual capacity as both a merchant and a customer. These carrier businesses transact regularly with other carriers in different geographic locations. The Zeebu platform offers a singular business view with a unified transaction system, making cross-border operations smoother and more transparent.

A sequential overview on transactions on the Zeebu platform using Zeebu tokens

The Zeebu platform establishes a new industry benchmark for creating a decentralized system for legacy telecom carrier businesses. The Zeebu platform includes all the services that telecom carriers need in order to effectively manage their business operations. These services include invoicing, settlement processes, remittances, reports for settled and pending invoices, and providing the balance of settlement rewards.[1]

Zeebu understands how critical theses services are to enable telecom carriers to run projections, effectively manage expenses, document accounting and excel within their business environment. Zeebu has brought all of these services into one interface by designing a tailor-made, intuitive user interface for telecom carrier businesses. The Zeebu platform is built to solve the problems faced by Web2 businesses by leveraging Web3 technologies. Zeebu ensures the seamless transition of business operations on its Web3 platform with a process that requires limited handholding.