Zen Protocol

Decentralized Financial System

Fintech & Insurtech
Non Active, Oct 2024 ceased to operate
Pre-Funding Tel Aviv-Yafo Founded 2016
LinkedIn
Total raised
Stage
Pre-Funding
Founded
2016
Headcount
4
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Zen is a decentralized financial platform, built with the goal of providing people with a secure, scalable, and useful infrastructure for creating their own financial instruments and trading them without intermediaries. The Zen blockchain is secured by multiple proof-of-work algorithms, with token-holder voting on the balance between them. Multi-hash mining creates robust incentives for miners to deliver efficient, reliable security. The Zen platform comes with a built-in solution for oracles, which provide contracts with useful real-world data. Finally, Zen is integrated with the Bitcoin blockchain, allowing contracts to observe and respond to native Bitcoin transactions.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
CryptographyTokenizationData StorageP2PDLT & Blockchain
Target customers
ConsumersFinancial & Real EstatePrivate Investors
Business model
B2C

Tags

p2pblockchainminingprivate-investorsdigital-brokertrading-and-investingdigital-assetsbitcoindevelopersbrokerstradingfintechfinancial-servicestokenizationcryptocurrency