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Zebec Protocol (ZBC): Money Streaming Services on Solana

Zebec Protocol introduces continuous settlement, money streaming, and DeFi products empowered by the strengths of the Solana network.

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Updated November 16, 2023 3 min read

Gemini-Category Defi 2

Summary

Zebec Protocol is a Solana-based platform designed to enable real-time continuous money streams for different types of financial transactions including payments, payroll, and investments. The platform allows payroll to be paid out in numerous stablecoins including USD coin (USDC). Additionally, Zebec offers automated dollar-cost averaging (DCA), crypto IRA and 401(k) accounts, yield farming, multi-signature vault treasury management, and in-house fiat on- and off-ramp services.

Introducing Zebec Protocol

Typically, traditional payment systems can be costly, susceptible to slow processing times, and lacking in satisfactory levels of security and privacy. Much of the legacy financial infrastructure is heavily and contains profit-seeking intermediaries that can sometimes hinder optimal product development and utilization. Blockchain and crypto-based solutions seek to address these challenges, and Zebec Protocol —  a continuous settlement and platform — has emerged as a standout approach on the .

Zebec is built to reimagine payroll systems, investments, and payments with up-to-the-second, seamless, low-fee money streaming services that continuously settle transactions with minimal lag. For example, instead of receiving a paycheck every two weeks through the traditional financial system, you can get the money in smaller increments as you go (daily, hourly, or even more frequently) using money streaming technology. Zebec recently launched its flagship offering, Zebec Payroll, which offers , automated , , as well as free and off-ramp services.

Zebec Protocol offers payroll processing that’s designed with tax compliance in mind, and where employees can be paid instantly in like and use their money immediately. Within a greater context, the Zebec crypto platform allows its clients to:

  • Implement a t and autonomous payroll system

  • Increase for senders and receivers of funds

  • Mitigate payment disputes and other issues

  • Foster new forms of value creation and investment

  • Increase efficiency, privacy, and security

Zebec Payroll

Zebec Protocol enables a spectrum of value transfer products that span payroll, investment, and payment streaming via customizable, easy-to-use, real-time payment streaming service that send and receive funds with a continual efficiency. These services include:

Automated dollar-cost averaging: Zebec offers its customers dollar-cost averaging with the help of -specific price feeds. The service can be set to automatically convert a percentage of a user’s paycheck into different crypto assets.

Investments & yield farming: The Zebec crypto platform allows users to automatically leverage yield farming and different investment types through specialized .

Crypto IRA & 401(k) accounts: Zebec Payroll allows its users to allocate a portion of their paycheck into IRAs or 401(k)s that fulfill various compliance requirements.

Feeless fiat on-ramp & off-ramp: Users are able to their crypto into USD, giving them the ability to send funds to their bank account in a feeless and instant manner.

Zebec Safe

Apart from Zebec Payroll, the Zebec platform leverages several distinct products and services including Zebec Safe — its and treasury management system. Zebec Safe allows users to manage their crypto treasury and stream funds with the ability to pause, cancel, and resume money streaming crypto payments nearly instantly. Zebec Safe is also fully customizable for different types of workflows and can enable treasury management for all Solana-based projects using its . Zebec Safe’s multi-signature technology can provide value across and token incentives in the Solana ecosystem.

The Zebec Token: ZBC

The Zebec Protocol makes use of the ZBC governance and to fulfill various purposes including , developer incentivization, token burning, protocol revenue generation, and platform governance. To bring about different types of payment streams and DeFi services, the platform allows developers to integrate three main into their and new iterations. Zebec also allows its users to seamlessly convert their stablecoins into via their custom metal debit card.

As a continuous settlement payment protocol built on Solana, Zebec is working to transform payroll, investment, and payment systems in a tax-compliant, feeless, and high-security manner. The Zebec crypto platform is upgradable, customizable for specific user needs, and designed to operate in a decentralized, low-cost, and efficient manner. Its ability to integrate various DeFi services into streamlined payment and payroll processing services makes it among the first of its kind to cross the bridge between legacy and decentralized financial systems.

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Cryptopedia Staff

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