To create an ecosystem that a billion people globally can send or receive value in real-time with each other with no third-party involvement, no fees, on a truly decentralised, scalable and open-source secure network.
Zucoins are a revolutionary new exchange token that can be used as a digital currency with the vision to become the number one global payment system in the world.
The idea evolved from another system built in the mid 2000’s, called Splitlock. Splitlock’s initial principles concerned the secure transfer of data by fragmentation.
During a complete rebuild of Splitlock in 2016, we realised that the fundamentals of data fragmentation could be applied to blockchain, and from there, SplitChain was created. This enables data to be stored in many pieces and places, securely and reliably and can prove and transfer data ownership.
Zucoins is the first of many use cases for SplitChain technology.
Today, Zucoins has a team of over 10 working towards becoming the world’s first decentralised peer-to-peer next generation cryptocurrency solving the ‘blockchain trilemma’ of speed, security and scalability based on an autonomous and permissionless framework.
Simply put: We’re here to enable anybody, anywhere, the financial freedom to own what you say you do.
The original Splitlock system was developed. In simple terms Splitlock was a novel way to store and transfer digital files. The primary principle was to fragment the data and spread the fragments across multiple servers. The encrypted data can’t be read unless all pieces are gathered together and relevant unlocking keys supplied, meaning no individual hosting provider can unlock the stored data. At the time, Splitlock’s potential application was unknown and in fact it lay dormant until 2016.
Our developer, now CTO, was employed to rebuild Splitlock for a modernised web stack. The original Perl codebase was simplified, then the decision was made to completely re-engineer a new, easy-to-use implementation maintaining Splitlock’s fundamentals.
During the Splitlock re-engineering process, our CTO was tasked with the challenge of expanding its key principles, for a potential use in the emerging blockchain ecosystem. The SplitChain project was born.
SplitChain took the best ideas from Splitlock, adding features like the ability to prove and transfer ownership of data. Proving ownership meant SplitChain had a multitude of applications, in fact, anything that needs to prove who owns a certain thing at a certain time. The first application is digital currency and viola, we now have Zucoins.
SplitChain is submitted to UL for a deep assessment of peer wallet logic and cryptography review. UL provided a resounding verification which to our knowledge is the only system that has undergone this scrutiny. Major development continued for a further year including wallet enhancements, web applications and API development, culminating in a Beta test to a select number of users in October 2020.
Continued development to incorporate features like practically-infinite divisibility. Successful Beta testing of the wallet and SplitChain.
Several test groups involving hundreds of users and revisions to the SplitChain system as we learn more during user behaviour.
Continued user test groups and revisions to the SplitChain system as we learn more from user behaviour.
February – Mate Tokay joins Zucoins advisory board.
We expand working with additional partners and integrations ahead of the wider release.
The Zucoins team brings together decades of experience in technology, cryptocurrency and financial services.
Be the first to experience the first cryptocurrency that does it all!
As the Founder of Zukaz and Zucoins, Allan Endresz is responsible for running all facets of the business. Allan has a proven executive management track record and over 30 years of experience driving sales growth in the technology and finance industries. Prior to starting Zukaz and Zucoins, Allan was heavily involved in Mergers and Acquisitions and other advisory roles.
At Zucoins, he has built a strong development team and holds the long-term vision for the company. Allan is a strong visionary that never gives up on his goals and dreams. Allan and his team are now developing the world’s first augmented reality tokens that, in real-time and securely store or exchange transactions between everyday users within the Zucoin ecosystem.
Zucoins are the only medium of exchange within an existing e-wallet seamlessly integrated with the augmented reality technology of the Zukaz app.
Robert is the CTO at Zukaz and Zucoin and brings a wealth of knowledge and experience within IT, web and app development. Rob started out developing PC games during high school, having then use those 3D skills to design a car-of-the-future that was featured at the Melbourne International Motor show, 3 years running, even managing to take out the title. Amongst numerous other involvements, including having his photography featured at the National Gallery of Victoria, he spent the next couple of years coordinating with overseas manufacturers to import, develop and design software and support for GPS security trackers.
For more than the past decade, he has dove deeply into web systems, spending countless late-nights-and-next-mornings building, maintaining and providing support for hundreds of varying web systems. Those client contracts and projects spanned network, IT, server and application stacks, within industries such as agriculture, tourism, engineering, manufacturing, medical, finance, retail, beauty, among others.
Today, he is responsible for leading the overhaul of technical systems, processes and products inside the company and its two product divisons. He is leading the deployment of a new, ground-up, more efficient serverless infrastructure for web app development, built-in house, powering the future of our products and services.
Mate is an entrepreneur at heart. After graduating from the International Business School in Budapest in 2012, he helped launch Superior14, a successful food supplement company. He then became interested in crypto after hearing about Bitcoin in late 2012 and began Bitcoin mining in mid-2013 using custom-built ASIC miners. In 2013 he founded the media company, Bitcoinist.com.
After a successful exit in 2015, Mate met Roger Ver and co-founded Bitcoin.com, one of the original and industry-renowned cryptocurrency resources. Mate focuses on a broader vision and communicating that vision to others while staying on top of industry trends. His goal and passion are to make cryptocurrencies as popular as possible.
Sam is the Editor for Exponential Investor (UK) a publisher of investment newsletters focusing on cryptocurrency, small-cap, microcap and technology stocks. He’s also the author of ‘Crypto Revolution: Bitcoin, Cryptocurrency and the Future of Money’. In addition to his editorial work, he’s an advisor to exciting, new crypto and digital asset projects, such as Zucoins.
He spends his time hunting down the most exciting crypto and stock opportunities on the planet which are potential-packed, risky, exciting small-caps or tech breakthroughs transforming our future through cutting-edge technologies. He is also a leading expert in the UK and Australia on crypto-assets and their future impact on the world.
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