Zeepin Annual Report — January 2020

Zeepin
3 min readJan 10, 2020

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Dear Zeepiners,

Happy new year to all!

We’d like to share the progress made during the past 2019 and what you can expect from Zeepin in the year 2020.

Progress in 2019:

Continued efforts made to optimize Zeepin Chain, including:

-Zeepin MainNet proves to be more stable and efficient

- Enabling of a highly fault-tolerant system

-TPS performance is improved

-Payment methods added

-XZUSD is integrated to Zeepin Chain for user transaction

-Connect ZUSD smart contract to ETH, BTC, OMNI network

-Allow fiat currency to be used for deposit to purchase ZUSD via Paypal

CG(CRYPTOGALAXY)

- Used to be incubated and funded by Zeepin team for more than 1 and half years, it’s now separated from Zeepin and run by a brand new team.

-In November 2019, CG 3.0 ran an angel round with a reach of 694,000 USD. CG 3.0 is well poised to make its official debut by the end of this month followed by an A round fundrasing to be carried out in 2020.

Cooperation between UOTM.HK and Zeepin Chain

- Empowered UOTM.HK to enable end-to-end supply chain traceability in its major product line of tea by introducing RFID chip.

-It will enable everyone involved to track the product’s journey from the manufacturing floor to the retailer’s shelf, without having to worry about records being lost or tampered with.

Blockchain-enabled supply chain tracking and tracing solution in wine sector

-Joined force with FOUNDATIONBLOCK to build up a consortium chain in order to ensure credibility and transparency of the wine supply chain traceability system

- Deployment of consortium chain, SDK, smart contract and initial data testing are done.

License:

-Already approved:Fiat currency payment and transaction permit, digital currency transaction permit and escrow service of blockchain-powered wallet(Europe)

-To be approved:Blockchain service provider for cultural and creative industries, Fair Trading license(Korea)

We still stick to the firm belief that blockchain will help us to build something in a way that has never been built before. However, it’s almost known to all that it will take more time and efforts to make that happen given the nascent stage of blockchain technology. What we can do is never given way to difficulties we are facing now, keep fighting against odds along the way and explore every possible approach and resource to achieve this big goal.

In 2020, we will focus on:

· Not only releasing operational ZeeRights, ZeeSure and ZeeCreate but also seeking compliance approval of the payment and insurance business of such.

· Catering to needs of more new projects and constantly optimizing the stability and performance of MainNet

· Upgrading zeescan.io to zeescan.one to provide users a more efficient solution to track and trace on-chain data and transactions

· Restructuring of zeewallet.io and ZeeWallet

· Allowing more types of fiat currencies to be used for XZUSD deposits

To sum up, Zeepin will continue its efforts on a mission to further the buildup of a sound ecosystem that can benefit more people.

Last but not least, this is what current Zeepin team looks like and our current workplace.(The picture can’t include everyone as some are taking a leave or on a business trip:)

Zeepin team( 14 full-time employees)

Thanks for staying with us all the time!

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Zeepin

A decentralized network for creators & creative assets. |website: https://www.zeepin.io |