Zaka Coin is a cryptocurrency created especially for the transaction purposes of Bizaka’s own ‘decentralized startup projects’ such as Webbazar, Elkartz and Finanza.
"Money manipulation is the root of all evil, you can manipulate fiat but you can’t manipulate bitcoin.”
Cryptocurrency is a digital asset with the security of cryptography. At the same time, it is nearly impossible to counterfeit or double-spend. Indeed, every cryptocurrency works on block chain technology only. Furthermore, a ‘distributed ledger technology’ (DLT)works in the network of computers and is the core technology for cryptocurrency transactions. Surprisingly, no central body of authority is involved in the issuance of cryptocurrency. In conclusion, theoretically it is immune to government interference or manipulation.
Zaka Coin
Utilities of Zaka Coin
Zaka coin acts as a digital asset for those who buy and hold it for a long span of time.
Presently, Finanza, our DeFi division uses Zaka Coin for its transaction purposes.
Webbazar, the decentralized P2P marketplace uses Zaka as transaction tool.
The integration of Zaka coin with more blockchain projects are underway.