Connect to Africa’s first layer-1 blockchain protocol and experience reliable, frictionless, and universally interoperable payments across every use case.
- Cross-border Settlements
- ATM Switching
- Instant Fund Transfers
- Merchants Payments Processing
- Agent Cash In, Cash Out
- Automated Disputes Resolution
How It Works
Learn how the Zone network enables payments and acceptance of digital currencies.
Zone, is a regulated layer-1 blockchain protocol also known as a Sovereign Blockchain which was purpose-built to store digital assets, records, and applications in a way that can be supervised by relevant local authorities within a sovereign country and used within the context of the local environment of that country. Zone combines the power of Blockchain technology with the legitimacy, controls, and trust conferred by regulatory authorities, thereby unlocking mainstream adoption across various domains.
Regulatory Supervision
Ensures that digital assets and decentralized applications comply fully with applicable local laws and regulations in each country of operation and that regulators can have real- time visibility into all activities.
Fiat Currency Settlement
Provides native support for real-time settlement of fiat money payments across multiple fiat currencies with functionality to convert from one currency to another as part of the settlement process.
Digital Currency Issuance
Enables Central Banks and other entities to issue and administer digital currencies while providing end- users with a compliant and interoperable way to accept and hold digital tokens originally issued on other public or CBDC chains
Third-Party Integration
Provides native interoperability with other Blockchain protocols and traditional financial networks as well as legacy information systems within each country of operation.
DApp Development
Provides EVM-compatible open developer tools to enable a large developer community and support a rich ecosystem of innovative decentralized applications.
Protocol Key Characteristics
Participation and Consensus
Sovereign Blockchains implement proof-of-authority (PoA) or Proof-of-stake (PoS) consensus protocols and require that validator nodes meet specific requirements to participate. By specifying requirements to participate in a meaningful, objective, and transparent way, regulators, partners, and users remain comfortable about the independence and true decentralization of the network.
Native Regulatory Compliance
Regulatory compliance modules implement KYC, AML, and Exchange control rules in each supported jurisdiction and have them enforced on the ledger by code written into the core of the Blockchain nodes themselves such that all smart contracts and digital assets deployed achieve compliance without developers explicitly providing for this in code.
On-chain Fiat payments
Zone is able to store records about Fiat money held in Bank accounts or RTGS systems as tokens on-chain and update respective balances as transactions happen, which delivers instant value to transaction beneficiaries and achieves immediate finality of settlement for Banks and financial services providers. Because of the in-built support for processing fiat, Zone provides native on-ramp/off-ramp mechanisms for digital tokens.
Token Administration System
Zone provides features that allow issuers to mint and manage all forms of digital assets, including Stablecoins, Altcoins, and CBDCs. The token administration features also include unique global identity and phone number identifiers that allow end users to interact with digital assets on the Blockchain in a natural and familiar way.
Smart Contract Platform
This component allows the developer community to build innovative DApps that leverage the base of assets, users, and capabilities within Zone as well as the regulatory compliance and integrations to legacy financial and other information systems.
Third-Party Bridges
These components serve as interchanges between Zone and third-party systems like existing public chains, CBDC infrastructure, and other legacy financial systems, including payment networks, Banking Hosts, and messaging services. Bridges particularly enable the transfer of tokens/value between Zone and other public or CBDC chains through token wrapping.