ZENEX PROJECT: THE FUTURE OF GLOBAL BANKING POWERED THROUGH BLOCKCHAIN TECHNOLOGY

Ritawosu
4 min readMar 4, 2022

--

Imagine a world where you can send and receive money directly from someone without a bank, in seconds instead of days, and you don’t have to pay exorbitant bank fees especially making payment in gambling site. A world where you can store money in an online wallet not tied to a bank, meaning you are your own bank and have complete control over your money. You don’t need a bank’s permission to access or move your money and never have to worry about a third party taking it away or a government’s economic policy manipulating it.

Blockchain is the future, it is a world that an avid but growing number of early adopters live in right now. It is immutable (unchanging, meaning a transaction or file recorded cannot be changed) distributed digital ledger (digital record of transaction or data stored in multiple places on a computer network) with many use cases beyond cryptocurrencies.

BLOCKCHAIN OR SCALABILITY TRILEMMA

Blockchain is built upon three key properties which was first coined the scalability trilemma by Ethereum founder Vitalik Buterin decentralization, scalability, and security.

1. Decentralization: This means there are no central point of control but distributed.

2. Scalability: This allow the system to cope with the growing number of transactions.

3. Security: This is the ability for blockchain to be protected from attack.

The success of Zenex Project will be achieved using the scalability trilemma.

THE ZENEX PROJECT

Zenex project is built on Ethereum enabled blockchain which is a public, decentralized peer-to-peer network that uses nodes and allows users to send and receive cryptocurrency. Ethereum allows smart contract and app to be built on it. Zenex project is more than payment system but also the building of an app and Zenex Token.

BENEFITS OF ZENEX PROJECT OVER TRADITIONAL BANKING

1. Immutable: Records in bank can be tampered or changed but records on Zenex cannot be changed nor tampered. Banks can be hacked, and records tampered but Zenex will never be hacked. It has never been recorded where a cryptocurrency was hacked beginning with bitcoins.

2. Peer-to-Peer: Zenex coin project let you send and receive money directly from anyone, anywhere in the world, without an intermediary like bank charging transaction or handling fees.

3. Transparent: Zenex token built on blockchain will be open-source software, so anyone can access them to view transactions and their source code.

4. Global Bank: This is one of the key features of Zenex project and will be one of the pioneering projects which will enable billions across the world to have access to cryptocurrency and enjoy conversion from cryptocurrency to fiat and vice versa.

With over 2billion people globally not having a bank account, Zenex Coin project will provide access for anyone to store money. It is a great way to bank the unbanked and protect against theft that can happen due to holding cash in physical locations.

Investing in Zenex Coin project is like the process of investing in shares, first you buy Zenex Coin through an exchange like you buy shares through an online broker. Zenex Coin is listed on BitexPRO.eu.

The demand for the Zenex token will be great and sustainable, and for I, you should be part of the growth investors that invest in companies that demonstrate above average growth.

For helpful information, use below:

website: https://www.zenex-coin.com

Whitepaper: https://zenex-coin.com/uploads/whitepaper_en.pdf

Facebook: https://www.facebook.com/zenexcoin

Telegram: http://t.me/zenexcoin_en

Twitter: https://twitter.com/enzenex?s=21

Medium: https://medium.com/@zenexcoin

Author: ritawosu

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=3451389

--

--