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Zap (blockchain)

Zap (blockchain)

Zap is a platform that enables developers to create, publish and subscribe to smart contract and Dapp compatible data feeds.

Zap is a platform that enables developers to create, publish and subscribe to smart contract and Dapp compatible data feeds. Its ecosystem is made up of oracles, subscribers and the ZapMarket small contract that connects and manages payments between the two parties. According to a public filing by the U.S. treasury Financial Crimes Enforcement Network, Zap became officially registered as a money service business on September 19, 2019. The founder of Zap, Jack Mallers, made the following statement regarding to company obtaining a money services license:

Our licensing allows us to serve any user group between small consumer orders to large institutional orders. 

Zap's API allows users to make income by creating an oracle out of data or streaming services. Examples of oracles needed by smart contracts that the Zap platform can be used for are: political data (election/vote results), sports betting, crypto prices, energy uses, or public transportation times. 

Desktop and mobile lightening wallet

On September 19, 2019 Zap announced it will be adding a dollar denominated Bitcoin buying feature into the companies cryptocurrency wallet applications for mobile devices and desktops that is compatible with the lightening payment protocol. 

Timeline

People

Name
Role
LinkedIn

Ben Young

Creative Director



Hamdan Azhar

Senior Data Scientist



Kasper Abildgaard Svendsen

Director of Business Development



Kumail Akbari

Operations Director



Nick Spanos

Director



Steve Geros

Lead Blockchain Architect



Tom Laurent

Technical Director



Further reading

Title
Author
Link
Type
Date

Zap: Connecting Smart Contracts to the Off-Chain World

Zap Team





Documentaries, videos and podcasts

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Date
Link





Companies

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CEO
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References