Project
Using best of blockchain and traditional technology Ecex Exchange will unchain billions dollars business of assignments (claims).
PlanetZiggurat goal is to bring assignments on Ecex.Exchange (Electronic Claims Exchange) trading platform. We will fill the gap by creating a market environment, the system for an active trading platform of assignment agreements. This means changing of owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements all together assignments.
The regular thing what everybody trading is buy-sell agreement. It is very easy to understand, every investor can buy stock and he assumed that is happening behind the electronic market system, how the trade matching takes place and what is the consequences in account then the deals are finally ended.
But in the ecosystem which is mostly same as the stock market and built only for claims, rights, and receivables, operates on basis assignment agreement, there are great possibilities spread around the world and win the customers everywhere.
PlanetZiggurat is aiming for 1 million trades per day by the end of the third year. Our revenue will come from services including: trading fees, issuer background check systems, digital signing, exchange member fees etc. The cash flow will be similar to stock exchange business. The only difference will be instruments and a set of agreements.
Using Ziggurat (ZIG) utility token as payment it is possible to close deals via smart contract, no thirdparties are needed. ZIG token will as pricelist basis will also standardize prices whatever input currency you use for service fees.