Zeebu Successfully Completes Global Trial of Web3 Neobank Platform for Telecoms
Dubai-based Web3 Neobank, Zeebu, is excited to announce the successful completion of its global trial. More than 80 telecom businesses worldwide participated in the trial, which resulted in over half a billion dollars in settlement volume. This milestone represents a significant achievement for the telecom carrier industry and serves as a stepping stone for the future utility of the platform.
Efficient and Transparent Payments
Zeebu’s platform leverages blockchain technology and smart contracts to provide a unified payment interface for telecom settlements. The trial demonstrated the platform’s speed and transparency, with payments between continents settling within 3-7 minutes. This advancement brings Zeebu closer to reaching a wider set of beneficiaries worldwide.
Advantages of Zeebu’s Platform
Zeebu’s platform offers several advantages, including seamless invoicing, real-time payments, 24/7 availability, immediate access to funds, immutable transaction records, real-time tracking, and reporting of settlements and balances. These features streamline business operations, enhance transparency, and improve financial management.
Results of the Internal Alpha Test
The internal alpha test yielded several positive findings:
- Transactions on the Zeebu platform totaled $193 million in the last month, with nearly 2089 invoices settled.
- Invoices from around the world were settled within minutes, eliminating geographical and regulatory constraints that previously caused delays of up to 15 days.
- Telecom businesses experienced time and cost savings compared to traditional settlement processes.
- Smart contract automation effectively addressed dispute resolution challenges and reduced the chances of errors.
- The entire invoice settlement process was handled within a single interface.
Zeebu’s Vision for the Future
Zeebu’s successful trial and promising results demonstrate its commitment to innovation and its vision to redefine the telecom industry through blockchain technology. This achievement paves the way for the platform’s future functionality and signifies a shift from traditional centralized systems to a more efficient, secure, and transparent decentralized model.
About Zeebu
Zeebu is a Web3 Neobank that aims to transform the settlement experience for telecom businesses. By leveraging blockchain technology, Zeebu provides a unified telecom payment infrastructure for seamless cross-border transactions. The platform addresses challenges in telecom finance, particularly invoice settlements, while promoting efficiency, transparency, and trust. Zeebu’s $ZBU loyalty token facilitates global transactions and rewards users for successful settlements within the ecosystem.
Learn more about Zeebu: Website | Twitter | Telegram | LinkedIn | Instagram | Whitepaper
Hot Take: Zeebu Revolutionizes Telecom Settlements with Successful Global Trial
Zeebu’s successful global trial of its Web3 Neobank platform for telecoms marks a significant milestone in the industry. The trial involved over 80 telecom businesses and achieved a settlement volume of over half a billion dollars. This achievement demonstrates the speed, transparency, and efficiency of Zeebu’s platform, which leverages blockchain technology and smart contracts to streamline telecom settlements. With its unified payment interface and $ZBU loyalty token, Zeebu eliminates intermediaries and simplifies cross-border transactions for telecom carriers. The trial results highlight the advantages of Zeebu’s platform, including real-time payments, seamless invoicing, and improved financial management. This success paves the way for Zeebu to redefine the telecom industry through decentralized and secure solutions.
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