Zipper is a blockchain-based value switching network platform developing a Point-to-Point Message Communication, Transaction Switching and Transaction Settlement systems. When adopting Zipper, Financial Institutions can have a lower cost for international clearance and settlement, an additional value from liquidity management, Intelligent Finance and Improved efficiency on transaction processing. The platform enables Institutions to use one address to send/receive and administer all the different assets building an efficient ecosystem to avoid market exchange risks.
The issued token ZIP is an Ethereum-based ERC 20, it's used as a medium of exchange in Zipper's ecosystem.