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Zeebu: A Web3 Neobank Revolutionizing Telecom Settlements

Wed, 20/12/2023 - 9:39
Zeebu: A Web3 Neobank Revolutionizing Telecom Settlements
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In the ever-evolving landscape of global commerce, Business-to-Business (B2B) transactions are the lifeblood of industries and businesses, propelling growth and innovation. Each industry, with its unique characteristics and requirements, necessitates distinct settlement needs. Businesses often find themselves juggling multiple platforms for various tasks - from invoicing to payments, and reporting. This fragmented approach not only hampers efficiency but also poses challenges in maintaining consistency and accuracy. The need for a unified platform, therefore, is more evident than ever. A comprehensive solution that caters to the diverse needs of different industries, while providing a seamless experience could revolutionize B2B transactions. However, with the advent of blockchain and Web3 technologies, a new era of financial innovation has emerged, and Zeebu is at the forefront of revolutionizing global settlements for businesses.


Understanding the Challenges 

The telecommunications sector, a critical component of global connectivity, involves numerous operators and carriers. These entities work together to facilitate everything from international calls to seamless data transfer. However, the financial settlements between these entities, which often involve substantial amounts, present a significant challenge. Traditional banking and financial services have been unable to effectively address these challenges. The existing settlement process, reliant on outdated systems, is plagued with issues such as remittance delays, lack of transparency, and high costs. 

Zeebu: The Web3 Neobank for Telecoms

Zeebu, a Web3-powered Neobank, offers a potential solution. By leveraging blockchain technology, Zeebu has streamlined telecom settlements, enabling instantaneous global transactions. The platform recently processed over $350 million in settlement volume, indicating a shift towards Web3-enabled decentralized systems. Zeebu’s innovative approach introduces on-chain invoice settlements for telecom businesses, enhancing efficiency and transparency, and paving the way for a more streamlined telecom industry.

Zeebu’s Approach: On-chain Invoice Settlements and Loyalty Program

Zeebu has also introduced a unique B2B loyalty program designed to incentivize and reward telecom carriers for successful invoice settlements. This program not only encourages engagement with the platform but also contributes to the overall efficiency of the telecom settlement process.

ZBU Token Powering the Zeebu Ecosystem

The ZBU token, introduced by Zeebu, enables fast, frictionless global transactions. The ZBU token also serves multiple use-cases within the Zeebu ecosystem, including serving as a reward in the loyalty program for successful invoice settlements, thereby incentivizing user engagement on the platform.

The Power of Zeebu’s ZBU Token

  • Improved efficiencies through instant global transactions
  • Reduced friction associated with cross-border transactions
  • Increased security and transparency
  • Enables faster transactions any time, any day
  • Global operability, Unified currency experience
  • Loyalty rewards for successful invoice settlements

Zeebu’s Telecom Partnerships 

Zeebu has successfully established partnerships with numerous telecom carriers, marking its increasing prominence in the telecom industry. Presently, Zeebu caters to over 260 businesses. Renowned partners such as BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc., and Novatel, d.o.o. utilize Zeebu’s platform for expedited and secure global telecom transactions. 

Looking Ahead

Zeebu holds the potential to redefine the financial system with its expansion and introduction of novel technology. Telecom businesses stand to gain from an instant, more efficient, and effective global settlement system by becoming a part of the Zeebu ecosystem. With its secure, rewards-based payments ecosystem, Zeebu is strategically positioned to influence the future of telecom industry.

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