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Home News Story

Investors Should Be Aware of ZENIQ, a New DeFi Ecosystem

by Ashutosh Thakur
November 1, 2022
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Investors Should Be Aware of ZENIQ, a New DeFi Ecosystem
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ZENIQ intends to change the world of decentralized assets with its ecosystem. The project was conceived in August of 2018. The founding team, which included FinTech and crypto enthusiasts, then went through the market research phase, planned the idea, and sought out a suitable group until the programming phase was completed in early 2020.

In less than four years, the firm was founded by Austrians Mag. Erwin Dokter (CEO) and Dr. dr Michael Ofner (COO) have established an ecosystem that includes the ZENIQ Exchange (stock exchange), ZENIQ Hub (hardware device), and ZENIQ Blockchain (including its own coin).

Hardware Meets Convenience In The ZENIQ Environment.

What can we learn from the new white paper? ZENIQ relies on cutting-edge technological security infrastructures and collaborates with blockchain experts. The goal is to build a decentralized financial ecosystem that allows for safe access to digital assets and blockchain solutions. The ZENIQ Hub is the ecosystem’s centre.

The hub is a piece of hardware that allows users to access a cold wallet, a hot wallet, the exchange, and a minting unit. Investors can not only store but also my tokens and cryptocurrencies on this platform.

The hub’s security is also taken care of: you may unlock it using your fingerprint, which is simple and secure. If the ZENIQ Hub is lost or damaged, investors can retrieve their assets at any time using the linked private key. As a result, the hub delivers a one-of-a-kind, stable, and secure hardware environment for crypto and fiat currency trading.

The ZENIQ Coin Is A Link In The Ecosystem.

Users can, however, use the ZENIQ Coin to complete their transactions. This custom-built coin can be used for transactions and other purposes. Furthermore, the coin is used to pay for gains made on the platform. Again, because the coin is transportable, it may be exchanged on different exchanges.

On the other hand, users do not need to leave the ZENIQ ecosystem to exchange the coin. They can do all of this and more at the ZENIQ Exchange. This decentralised exchange provides clients with a safe and user-friendly platform.

These Are The Next Measures to Take.

ZENIQ intends to launch a debit card and its own products in the current quarter. On the technical side, there are also plans for innovation. The ZENIQ paper wallet is just starting, and the exchange will soon publish a smart chain and a token SWAP option. The company also plans to deploy the beta version of the exchange in the coming quarters and the first tokenization and NFT projects. Investors can then anticipate the exchange’s ultimate form in 2023.

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