#zeebu $zeebu#Contentmining

Today we continue to explain the projects in the 200-300 range. We have almost finished talking about the first 200. The project we are talking about today has also performed well recently. You can see that it has increased by almost 5 times in the past six months. The project is a platform focusing on the field of telecommunications settlement in India. Made by Asan, its current market value is US$1.1 billion and its ranking is 210+. Let’s take a look at it today.​

Introduction

Zeebu aims to revolutionize trading in the telecom wholesale voice industry by introducing a decentralized and transparent ecosystem. Traditional voice traffic transactions often suffer from inefficiencies, opacity and trust issues, leading to higher costs, remittance delays and revenue leakage.

Zeebu addresses these pain points by leveraging blockchain technology to create a secure and trustless ecosystem where buyers and sellers can exchange voice traffic directly. The platform provides a transparent and auditable record of all transactions, reducing the risk of fraud and disputes. Additionally, the utilization of smart contracts and decentralized finance (DeFi) protocols makes payments fast and seamless without the involvement of middlemen.

background

The global telecommunications market has experienced significant growth in recent years, growing from US$2.87 trillion in 2022 to US$3.04 trillion in 2023, with a compound annual growth rate (CAGR) of 6.0%. According to recent industry statistics, there are more than 800 mobile network operators (MNOs) worldwide, serving more than 5 billion mobile users. The International Telecommunications Union (ITU) stated that global mobile traffic has grown from 47.2 exabytes in 2016 to 142 exabytes in 2020, with a compound annual growth rate of 31.3%. International mobile phone call traffic has also increased from 158 billion minutes in 2016 to 249 billion minutes in 2020, with a compound annual growth rate of 12.2%.

The telecom wholesale voice industry is vital to the global telecom industry, acting as a supporting structure that facilitates the exchange of voice, data, and messaging services between carriers and operators. However, the industry faces a number of challenges, including inefficient processes, long remittance delays, lack of transparency, revenue loss due to currency conversion, and high costs. All of these challenges have led to revenue losses for industry players. The current telecom wholesale voice industry relies on intermediaries and manual intervention, resulting in slow and cumbersome processes. The lack of transparency in pricing and settlement further exacerbates these issues, leading to disputes and delayed payments. In addition, the lack of real-time data analytics hinders carriers and operators from making data-based decisions, affecting their operational efficiency. In addition, the industry faces multiple security threats, including fraudulent activities and cyberattacks, which have led to significant losses for businesses. These issues have necessitated the search for a solution that can address the challenges faced by the industry, create efficiencies, and provide a secure platform for transactions. Financial barriers faced by telecom operators in today's global market The above issues make running a telecom operator business a capital-intensive undertaking with generally low profit margins. While telecom operators have a large volume of revenue settlement transactions between their global merchants and customers, the high costs associated with international billing, revenue collection, remittances, transaction settlements, currency fluctuations and foreign exchange changes can be a significant burden.

Zeebu Products

1.Zeebu's Unified Transaction Settlement CenterThe platform provides a set of services that simplify the invoicing and transaction settlement process for the telecom operator industry, making the process both efficient and user-friendly. The platform specifically addresses the needs of two key players in the telecom operator industry: merchants and customers. In order to successfully meet the needs of customers and merchants, the Zeebu platform is built with proprietary components and works with the Zeebu payment processor to enable simple cryptocurrency-to-fiat and fiat-to-cryptocurrency transactions.

Each telecom operator business in the ecosystem typically operates in a dual capacity as a merchant and a customer. These operator businesses regularly transact with other operators in different geographical locations. The Zeebu platform provides a unified business view and a unified transaction system to make cross-border business operations smoother and more transparent.  The Zeebu platform creates a new industry standard for a decentralized system for traditional telecom operator businesses. The Zeebu platform includes all the services that telecom operators need to effectively manage business operations. These services include invoicing, settlement processes, remittances, reporting of settled and pending invoices, and providing settlement reward balances. Zeebu integrates all these services into a single interface by designing a custom, intuitive user interface for telecom operator businesses. The Zeebu platform aims to solve the problems faced by Web2 businesses by leveraging Web3 technologies.

2. Merchant and Customer Dashboard Telecom operators must be able to access all business information in a single view. Zeebu understands that the telecom operator business is highly operation-intensive, fast-paced, and involves multiple stakeholders for service delivery. Therefore, Zeebu designed the merchant and customer dashboard, creating a customized and intuitive dashboard to meet these industry-specific needs. The Zeebu platform provides a single view of all business activities, including customer onboarding, invoice generation, payments, wallet balances, rewards, and token purchase options.

As part of the call flow network, telecom operators act as both merchants and customers. Revenue flows into merchant accounts and out of customer accounts can be a sequential or parallel process. Therefore, a single login account is provided so that operators can track revenue and payables in one view at once.

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

3. Non-custodial merchant and customer wallets

The Zeebu platform provides users with a secure non-custodial wallet solution that gives them full control over their Zeebu tokens (ZBU). To ensure the governance of the wallet, a group of nodes validate all transactions in and out of the wallet on the blockchain. The decentralized wallet provides the highest security, privacy, and control over stored assets.

Zeebu platform users receive a private key that gives them exclusive access to their ZBU tokens. No one else on the platform has 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 to the recipient directly from the corresponding invoice.

4. Payment Processors and Settlement Layer

Zeebu has entered into a strategic partnership with a leading payment processing system to enable easy transactions between merchants and customers. This intermediary system allows telecom operators to complete transactions using ZBU tokens. The payment processor is responsible for verifying the transaction and converting the ZBU tokens into fiat currency or stable coins, which are then transferred to the merchant's account.

The payment processor possesses several key features that make it a great asset in the Zeebu ecosystem. First, it integrates seamlessly with the Zeebu wallet and dashboard, eliminating the need for users to switch between interfaces. Second, it is highly secure, with powerful features such as customer data encryption, two-factor authentication, and fraud detection mechanisms.

The Zeebu platform operates under strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are a set of guidelines and procedures that financial institutions must follow to verify the identity of their customers and prevent, detect and report financial crimes. These policies are legal requirements in many countries and are enforced by regulators.

Zeebu offers automatic currency conversion and supports multiple fiat currencies and stable coins, giving merchants the flexibility to accept payments in their preferred currency. Transactions are processed quickly, settlements are completed in seconds, and settlement reports are generated immediately. Real-time reporting ensures that all parties involved are instantly notified of transaction success or failure. Transaction fees are also much lower than competing payment systems, at 1% for Zeebu ecosystem partners compared to the standard 2-3%.

Financing

In September 2023, Zeebu announced the completion of a $25 million pre-sale round of financing, with participation from several strategic investment institutions such as Bankai Ventures. The company has established strategic partnerships with several major telecom providers including Hayo Telecom Inc., Axistel FZE, Qatar Ltd, BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc. and Novatel doo.

team

Zeebu has assembled a team with decades of experience in the finance, blockchain and telecommunications industries.

Raj Brahmbhatt: Founder and CEO

Raj Brahmbhatt is an experienced financial executive with a passion for disrupting traditional finance and driving the adoption of financial technology. Raj has extensive expertise and experience in securities, investments, and technology. In addition, Raj has been selected as a member of the National Leadership and Success Association for three consecutive years and has spoken at the United Nations on sustainability, explaining how blockchain solutions can change the fate of sustainable startups.

Keshav Pandya: Co-founder and COO

Keshav is a visionary serial entrepreneur and technologist with over a decade of experience in starting and scaling global technology companies. He has demonstrated strong leadership in technology consulting as the driving force behind several growth-stage startups (Panamax and Mobifinix).

Raghavendra Hunasgi: Co-founder and Chief Marketing Officer

Raghavendra Hunasgi, Co-founder and CMO of Zeebu, is a renowned global marketing and branding expert. He helps Fortune 500 companies achieve success using insight-based marketing. Raghav is an entrepreneur, author, speaker, and influential 21st century leader. He has been ranked as a top social media influencer by major media houses and a digital transformation expert by Harvard Business School. He has also volunteered for the United Nations as a Digital Messenger. Additionally, The Economic Times of India recognized him as one of the top 100 business thinkers. Raghav is the founder of the first full-service, results-based marketing and branding agency and serves on multiple boards.

Token Economy

The maximum supply is 5,000,000,000, with 329,707,787 in circulation at present, a circulation rate of 6.58%, a current exchange rate of 3.4 USD, and a peak of $4.1954 (2024-03-09). Token distribution: 10% for private sales, 7% for market liquidity, 10% for the team, 4% for founders, 20% for Zeebulabs, 20% for loyalty rewards, 15% for the foundation, 5% for ZBU club, and 8% for burning. The team got a lot, and they took all these zbulabs, zbuclub, and the foundation.

Finally, let's summarize this project. This is actually a bit similar to the cross-border settlement of XPR, but it focuses on the telecommunications business sector, which is also a real business. However, in terms of voice settlement alone, I personally think that the business volume should be beaten by various social apps, because global voice, such as WeChat, is free. Although there is demand for cross-border voice, I personally feel that it is no longer a rising industry, and although blockchain can solve some problems, it does not seem to be a must. Of course, I don't know much about this kind of international telecommunications voice settlement business. Maybe the demand is really large. At least in China, it is unlikely to work, because China's telecommunications companies are still state-owned enterprises, so it is unlikely to use blockchain for settlement. Of course, what he is doing is also a contribution to the combination of the blockchain industry and the real industry.