Dubai Fintech Summit visitors, come say hello at booth B23.

Zeebu: Pioneering the New Era of Automated Telecom Settlements with Smart Contracts



DAte :

December 29, 2023

Zeebu Automated Telecom Settlements

The advent of Web3 technologies has been a game changer. The integration of its fundamental component, smart contracts, has caused a paradigm shift in the operation of businesses, the management of finance, the execution of transactions, and the maintenance of transparency.

Bitcoin and Ethereum marked some of the earliest successful innovations using smart contracts. They have redefined our perception of finance and demonstrated how smart contracts can automate traditional finance (TradFi) processes, thus mitigating delays, risks, transparency issues, and offer greater efficiency and security in peer-to-peer transactions. The remarkable impact of these innovations is evident, with the smart contract market valuation surging up to $684.3 million in 2022 with a projected growth rate (CAGR) of 82.2% from 2023 to 2030.  

Various industries (art, supply chain, social media, real estate, gaming, etc.) are adopting blockchain technology through the integration of smart contracts and distributed ledger. This integration enables businesses to offer unparalleled security, speed, transparency, decentralisation, and trustlessness—essential features in many sectors, including telecom. Zeebu harnesses blockchain technology and smart contracts to facilitate automated B2B settlements between telecom carriers and their partners.  

Zeebu: Integrating Smart Contracts to Telecom

Telecom, the backbone of global connectivity, has seen numerous advancements in the last decade, yet its financial processes remain fraught with challenges, including diverse regulations, currency conversions, intermediaries, manual processes, security risks, remittance delays, and so on.

To combat these challenges, Zeebu introduces its Web3 Neobank for Telecoms, a uniquely designed unified payment infrastructure that settles telecom transactions in minutes. Zeebu integrates smart contracts to enable automated, instant, secure B2B settlements worldwide. The $ZBU loyalty token is pivotal in this process. Zeebu’s platform, powered by smart contracts, automates transactions and invoice settlements with $ZBU tokens, enhancing efficiency and transparency.

Zeebu’s approach accelerates transactions by removing intermediaries, resulting in direct and efficient settlement with heightened security and transparency. So far, Zeebu has settled over $350 Million in telecom settlement volume. Track it here:  

Automated Settlements with Zeebu

Zeebu's contract-enabled telecom settlement platform provides:

Unified Payment Infrastructure

Zeebu's platform leverages blockchain to create a unified transaction settlement hub, facilitating direct and efficient transactions between telecom carriers, free from intermediaries, delays, and challenges inherent from traditional processes.

Enhanced Security and Transparency  

Implementation of robust security measures and KYC procedures to ensure compliance and fund security while using blockchain allows it to ensure transaction transparency and traceability.

User-Friendly Interface

To enable seamless adoption, Zeebu offers a platform that is intuitive and easy to use, ensuring a frictionless user experience for all.  

The Zeebu Token ($ZBU)

A uniquely designed token, $ZBU streamlines the settlement process by providing a unified currency experience beneficial for carriers operating in different countries.

Time Efficiency

By minimizing the involvement of intermediaries and streamlining processes between Customers and Merchants, Zeebu significantly reduces transaction times for telecom settlements.

In essence, Zeebu is integrating blockchain and smart contracts into telecom and revolutionizing how telecom carriers and operators conduct their financial transactions. With Zeebu, the promise of a more connected, efficient, and secure telecom carrier industry is becoming a reality. As the world embraces digital transformation, Zeebu stands at the forefront, leading the telecom industry into a new era of technological advancement and operational efficiency.

About Zeebu

Zeebu is a Web3 Neobank for Telecoms with a mission to transform the global telecom carrier industry through a loyalty token designed for telecom carrier businesses. The Zeebu ecosystem makes invoice settlements faster and easier, benefiting carriers and the entire telecom industry.