Zeebu: The Top Cryptocurrency Platform for Telecom Settlements

Revolutionizing Telecom Settlements

In a world where technology is moving at lightning speed, Zeebu has emerged to tackle the sluggish pace at which payment settlements in telecoms have traditionally operated. Their mission is simple yet powerful: to streamline processes, cut costs, and provide transparency in telecom settlements, starting with telecom companies and aiming to expand their innovative approach across industries.

The Struggles Faced by Telecom Companies

Telecom companies have been bogged down by antiquated systems that create a myriad of issues. Payment delays? Check. Unexpected costs as a result of currency fluctuations? Absolutely. Exorbitant fees for international transactions? Yes, please. And as if that wasn’t enough, the notorious lack of transparency complicates settlements and increases the risk of errors. It’s no wonder margins are tighter than ever. The need for innovation, particularly in the form of blockchain technology, is urgent.

A Blockchain Solution

In response to these pain points, Zeebu created a blockchain-based solution aimed at transforming cross-border settlements for telecommunications companies. Their system allows for the settlement of transactions of almost any value in 10 minutes—regardless of the destination or counterparty—and best of all, the institutions get instant access to the funds.

Rapid Growth

When Zeebu launched in July 2023, they targeted $2M in settlements. Fast forward a year, and they have surpassed that target, recording a whopping $4.9 billion in total settlement volume, with 136 active institutions and over 92,650 invoices settled, powered by 1.34 billion ZBU tokens. This growth is a testament to the potential of blockchain technology in the telecom sector.

Strategic Partnerships

Zeebu has formed strategic partnerships with leading telecom industry players like BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc., and Slovenia’s Novatel. Such collaborations have taken their vision to reshape B2B settlements to new heights. Additionally, the native ZBU token is traded on major crypto exchanges and tracking sites.

Multichain Expansion

Now, they are also launching on Base Chain, alongside Ethereum and Binance Smart Chain. This multi-chain approach allows Zeebu to leverage Ethereum’s ecosystem, Binance Smart Chain’s efficiency, and Base Chain’s performance.

Joining Forces with Magna

They recently partnered with Magna, a token management platform aimed at facilitating the tracking and distribution of crypto tokens for blockchain protocols. By collaborating with Magna, Zeebu successfully airdropped tokens to over 53,000 wallets on Base Chain, signifying their commitment to enhancing decentralized liquidity solutions.

ZBU Liquidity Protocol

Their recently launched ZBU Protocol Waitlist came to a conclusion on November 15, 2024, with rewards auto-dropped to early participants till December 15, 2024. This initiative has fortified their community and increased liquidity.

Founders’ Insights

Zeebu’s founders have shared their thoughts on how Web3 can aid enterprise transformation. Keshav Pandya discussed Web3’s role, while Raghav engaged with industry leaders. Raj also participated in a podcast with industry veterans, gathering valuable insights.

Looking Ahead

As they move into 2024, Zeebu plans to launch more impactful Web3 campaigns to transform B2B settlements. Future initiatives will focus on expanding partnerships and exploring new blockchain opportunities.

Summary

Zeebu’s journey thus far is a blend of achievements and innovation. They are dedicated to transforming telecom settlements through blockchain technology. Thanks for joining them on this journey, and Merry Christmas to all!