Zinari (ZINA)

IDO

Last updated: May 16, 2023

Zinari (Zina) is a decentralized finance (DeFi) protocol built to enable cross-border commercial transactions. The system enables traders and payees to send money using a decentralized network to their clients or investors in other territories.

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Overview

Project industry	Commerce & Retail
Product type	DeFi
Founded	United States
Whitepaper	Open

What is Zinari

It combines the attributes of the gold standard, the universality and decentralization of Bitcoin and the trust attributes of fiat. Zinari is not here to destroy the current monetary system, but to improve on it and make transactions far better. Zinari isn’t a currency, it’s a standard by which items are valued.

For instance, a trader in Nigeria will be able to use the Zinari platform to swap his Naira to Chinese Yuan (CNY) using the Zina standard and then send it to his vendor or family in China seamlessly. This system will work perfectly for both large and tiny transactions. Also, people will be able to store their money in Zinari to save them from the fluctuations and problems of their weak local currency.

Zina isn’t just a crypto token to be used by people with technical knowledge; Zinari will make it very easy for even uneducated traders to run transactions, both in cash or digitally.