Sunday 4 July 2021

Overview of Zukaz and Zucoins





This blog provides a general overview of the Zucoins and Zukaz and how these businesses interact with each other to gain critical mass adoption. There is also a lot of material available on our web sites at www.zucoins.com and www.zukaz.com.

1.0    Zucoins

Zucoins are a crypto currency that has only one competitor, Bitcoins. All other crypto currencies are irrelevant and rendered completely obsolete by Zucoins. This will become self evident during the course of this email.

Zucoins utilise patented "Splitcryption" hashing technology involving data fragmentation thereby creating an autonomous and permissionless based framework (Splitchain Network) delivering a truly P2P distributable power of trust with instantaneous P2P consensus, validation and transferability of infinite transactional fractions of value at no cost.  

Zucoins are housed in a secure Progressive Web App (PWA) which eliminates the need for any Apple/Google approvals or fees whilst at the same time facilitating instant upgrades across the entire Splitchain Network.      

Zucoins are next generation Bitcoins. They are not security or utility tokens. There are no underlying rights/dividends/entitlements attached to any Zucoins.There is no common enterprise to make collective profits or to manage the platform. As a medium of exchange, Zucoins are governed and validated directly by the peers themselves on an autonomous Splitchain Network. Zucoins move freely amongst peers with or without independently generated smart smart contracts.   

The Splitchain Network represents a significant milestone in the evolution of Blockchain. By using the Splitchain Network, Zucoins solve all three issues present in the "Bitcoin Trilemma" of speed, security and decentralisation. Unlike Bitcoins, Zucoins radically improve transaction processing speeds (nano seconds), security and scalability without any third-party involvement, costs or verification delays. Each peer effectively becomes his/her own host and server of their fragmented data within the Splitchain Network. In this instance, the fragmented data of Zucoins represents digital fractions of stored value with instant search capabilities. However, there is no reason that the fragmented data also includes videos, pictures or text without the need for a Facebook or Instagram. No need for any hosting costs of aggregated data. 

On 29 August 2019, UL International France (www.ul.com) issued an 18 page confidential Assessment Report validating the Splitchain technology underpinning Zucoins as developed by Robert Novak. See Podcast#8 (https://www.youtube.com/channel/UC2l_CjZ7a9nRCVfr8DZGYlA) as Robert Novak reveals the global significance of the UL Assessment Report . 

UL International France confirmed the Splitchain technology after thoroughly reviewing, understanding and analysing the source code and cryptographic primitives unique to the Zucoin functionalities creating secure new wallets, instantly transferring values directly between peers ("permissionless" network with scale, stability and security) and providing a high level wallet management system. High level UL personnel in France supervised and performed the evaluation which now makes Zucoins a world leading "permissionless" crypto currency network. 

In start contrast, Facebook revealed in its Libra white paper that the Libra Blockchain (and coin) will start as a "permissioned" Blockchain with 100 participants paying USD$10 Million each to run the validator nodes. Even after raising USD$1 Billion, Facebook further disclosed that:

"The challenge is that as of today we do not believe that there is a proven solution that can deliver the scale, stability, and security needed to support billions of people and transactions across the globe through a permissionless network. One of the association's directives will be to work with the community to research and implement this transaction, which will begin within five years of the public launch of the Libra Blockchain and ecosystem.”

Facebook’s original vision in its Libra white paper has since collapsed. Zucoins have arrived.


2.0    Zukaz

The free Zukaz apps allow merchants/customers to directly interact with each other to sell, redeem and trade real cash vouchers anywhere any time 24/7 (See: https://www.youtube.com/channel/UC2l_CjZ7a9nRCVfr8DZGYlA/videos). Zukaz empowers people globally with a new disruptive tool capable of re-directing over USD$500 billion of advertising fees away from Facebook and Google (circa: 2016) directly into the hands of consumers by way of these real cash vouchers. 

Zukaz Biz and Zukaz Hunter apps are innovative industry-leading Apps that use augmented reality (AR) to give merchants (both online & location based)/customers a powerful real time interactive advertising and trading tool.

The free Zukaz Apps seamlessly integrates global marketing, advertising, sales, trading, loyalty and social networking. As testament to the success of "Pokemon Go", the Zukaz App instantly monetises merchant advertising material to provide customers with a unique AR experience to hunt, collect, share, win, trade and redeem real cash vouchers in either fiat currencies or Zucoins. See live sporting base client proposalhttps://www.dropbox.com/s/gcuzw9ln49sdv81/%5BA%5D%20Zukaz%20%5BWestern%20United%20FC%20Proposal%5D.pdf?dl=0 

Significantly, the Zukaz Apps virally disrupt social media marketing tools where merchants/customers engage in a truly decentralised global ecosystem without any third parties. To achieve this global objective, Zukaz has engaged the services of 18 Independent selling organisations (ISO) who are referring large merchant data bases through out the world.


3.0 Conclusion

By integrating Zucoins into the Zukaz merchant/consumer ecosystem, Zucoins will be virally mass distributed as a global medium of exchange (with infinite fractional transactions of value) for goods and services. It will also accelerate the adoption of Zucoins by allowing third parties the unfettered right to add numerous layers of alternative assets classes within the Splitchain Network.

No comments:

Post a Comment