ZED Network is a platform for Money Transfer Operators (MTOs) using ZED tokens for instant remittance settlements. ZED tokens are issued on top of the Stellar distributed ledger and utilize smart contracts to ensure full KYC on all ZED token holders. At the heart of ZED Network is ZED currency which is a Cryptocurrency built on a mining-free, distributed ledger.
There will be a maximum cap of 100B tokens authorized, 21 Billion of which will be sold to accredited investors and MTOs to buy and use solely for utility purposes of facilitating remittances worldwide.
In the same manner that SWIFT connects banks together on a global basis, ZED Network will seamlessly connect licensed MTOs in multiple countries to become a single point of integration for multiple currency pairs.