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Zamzam - The fair blockchain bank


Zamzam presents a progressive system of fair financial arrangements between individuals and organizations based on the model of Islamic banking. Our principles are: honesty, transparency, ease of use and total control over the money for consumers.

The Zamzam service allows sending cryptocurrencies anywhere in the world even if the recipient has no cryptocurrency wallet. For this purpose it is sufficient to type in the phone number on which the recipient will receive an SMS with a link for downloading the app. Having passed a simple authorization procedure and having authenticated their identity, the user will be able to manage the received funds. The service is simple, transparent and deanonymized.

Such a decision became possible due to the appearance of blockchain technology and the cryptocurrency market. However, the principal barrier to the formation of a full-fledged ecosystem is the insufficient number of cryptocurrency users and the complexity of its use.

Zamzam mission is to speed up the process of the transition from a traditional monetary system to a fully digital economy in order for banks and financial institutions all over the world to become open, fair and efficient through the implementation of blockchain and decentralized systems.
  • Openness - Transparency of all operations in blockchain. Real-time publication of the Zamzam bank’s detailed financial activities. Open results of bank audit. You have never worked with such an open banking system!
  • Fairness - Provide users with a choice between centralized and decentralized assets storage. Future is for hybrid systems, which give freedom of choice.
  • Efficiency - Reduce costs by circumventing the chain of intermediaries and abandoning obsolete methods of managing financial organizations.
Combining the mechanics of crowdfunding, transparency of operations on blockchain and the main investment products of Islamic banking (the bank’s share participation in the profits and the losses of the financed organizations), Zamzam offers the cryptocurrency market a unique opportunity to invest in the real sector and channel its resources to the positive development of the world economy.
 


The MVP is currently being worked on behind closed doors and has been presented only to a small group of investors. Officially, the MVP will be publicly available soon.

In the future, Zamzam is going to turn Zam.wallet into a convenient and inexpensive platform for cross-border payments of both fiat and crypto currency. It is also expected that Visa and Mastercard cardholders will be able to utilize their credit cards, thereby enabling clients to pay for goods and services using Zamzam.

For Information

Website: http://zam.io/en
Facebook: https://www.facebook.com/zamzambank
Twitter: https://twitter.com/zamzambank
Linkedin: https://www.linkedin.com/company/zamzambank/
Telegram : https://t.me/zamzamchat

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