Zipper is a centralized network platform for cross-chain information and transaction transmission, supporting cross-chain and cross-network point-to-point information communication and transaction transmission among different financial institutions for transaction settlement. Zipper provides a wide range of, in-depth and comprehensive blockchain-based services to financial institutions around the world. ZIP is the basic token of the Zipper system, which is safe and reliable, supports real-time transactions and clearing, and meets privacy protection needs.

Project Vision

Zipper aims to transform the traditional financial industry using blockchain technology and will provide wallets and decentralized transaction networks for all fiat and white-label cryptocurrencies. Making island financial networks no longer a problem. At present, although there are several blockchain development projects that are connected with financial institutions, such as Ripple, R3, etc., there are still serious obstacles to these projects at the actual implementation level. The common problems they face include: incompatible financial regulations and cannot be implemented in many countries; business logic does not match the current clearing and settlement logic of financial institutions, which leads to the inability to connect with financial institutions; customer privacy protection mechanisms are not perfect enough, business data is insecure, serious centralization, non-public chain networks, etc.
In order to solve the cross-chain problem between heterogeneous blockchains and reduce the operating costs of interconnection between different financial institutions, Zipper came into being and will create a complete and low-cost, compliant and efficient, cross-chain interoperability blockchain financial solution for global financial scenarios. It aims to connect the traditional financial industry with blockchain finance into a complete new generation of financial system, adapting to the development of technology and the times. I believe that due to the unique characteristics of access-friendly and support for heterogeneous interoperability, Zipper's ecological system construction will develop rapidly and become an indispensable existence for blockchain innovation in the global financial system.
At present, the Zipper Foundation has received strategic support from many famous investment institutions around the world and is conducting strategic cooperation with many banks and non-bank financial institutions in many places around the world.
Zipper, a new generation ecosystem born for blockchain financial compliance and interconnection!

Project design principle

Zipper is a blockchain infrastructure used to build an crypto-financial application ecosystem and is a global blockchain open source community project. Zipper is divided into two layers in design: Layer1 and Layer2. Layer1 is the basic link of Zipper, and above Layer1 is Layer2. This layer is the functional implementation of ZipperNet forwarding network. This layered design realizes logical isolation, thereby realizing plug-in and unplugged characteristics. It proposes a systematic and process-based trust ecosystem construction method for the bright prospects of crypto finance, and conducts underlying architecture design and modular processing from multiple dimensions such as business adaptability, performance, security, policies, technical feasibility, operation and maintenance and governance, and cost based on the requirements or conditions of special business of financial institutions, such as financial institutions, existing technical level, and laws and regulations. The launch of Zipper will effectively reduce the development and use costs of financial services and greatly promote the process of blockchain financial applications.

Application Scenarios

Transaction clearing and settlement
Industry pain points
In the traditional field of clearing and settlement, due to the differentiation of the basic business structure and processes among institutions participating in clearing and settlement, coupled with many links that require manual processing, the business costs remain high and the fault tolerance rate is low.
Solution
Different financial institutions conduct business through Zipper ecological network and digital currency. Every successful transaction can be completed in one step. The transaction medium itself has asset value and does not require more manual processing steps such as accounting, corporate transfers, etc.
Trade Financing
Industry pain points
During the trade financing process, information transmission and approval between import banks, agency banks and export banks are involved. The process is relatively cumbersome, and there are cases of exporters' invoices being falsified and long financing is carried out. The cumbersome review reduces payment. The efficiency of the payment and delivery time of goods are not guaranteed.
Solution
The financing process is simplified through the Zipper ecological network, so that financing documents can be quickly approved; the de-intermediation feature allows contract operations to be replaced by smart contracts, reducing the risk of vouchers being forged; information is on the chain, the location and ownership of goods can be traced effectively, making it more convenient and efficient.
Supply Chain Finance
Industry pain points
Supply chain finance can help small and medium-sized enterprises solve financing problems. While it has great development potential, there are many problems: companies cannot prove their repayment ability, find it difficult to verify the authenticity of transactions, and cannot effectively control the risk of fulfillment.
Solution
The characteristics of using Zipper's basic chain are tamper-proof and decentralized: using consensus algorithms to solve the trust problems of financing institutions; using smart contracts to automatically execute to reduce performance risks; information can be put on the chain and can be checked in real time to improve performance efficiency.
Insurance
Industry pain points
In the current insurance industry, based on the individual situation of insurance, differentiated pricing methods are difficult to achieve, high channel fees, and untimely claims settlement lead to poor customer experience, which restricts the transformation and development of the insurance industry.
Solution
In the process of designing insurance products using Zipper ecological network, a more complete trust system can be established, insurance contracts and claims can be signed and settled through smart contracts, the process can be optimized and efficiency can be improved, differential pricing can be achieved, and expenditures in promotion channels can be effectively reduced.
Other financial derivatives
Industry pain points
In terms of asset management, currently, third-party intermediary institutions mainly entrust and manage assets such as stocks, funds, bonds, and notes. They have complex asset management processes, high transaction costs, and transaction vouchers have been usurped. Risk of modification and fraud.
Solution
Through the transformation of Zipper ecological network, asset transactions can be made more open and transparent, and transaction processes can be simplified through smart contracts and reduced performance risks.

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