Our first step was developing a platform for curating data feeds. Now that we have built a solid infrastructure, we're working with key partners to develop powerful data feeds capable of impacting the global economy. Zap is bridging the gap between real world data and diverse smart contract platforms.
Smart contracts allow the arbitrary redistribution of crypto capital. The biggest obstacle to the further growth of smart contracts is the need to receive data about the real world. If smart contracts could act based on any arbitrary data, the blockchain could truly encompass all global value. Zap allows data providers to profit from delivering valuable information to the blockchain. Zap allows smart contract developers to leverage real world data on the blockchain.
Zap is an additional layer added to Ethereum Blockchain which solves the oracle problem.
Zap is a set of tools that allow peers to exchange and monetize their data.
Zap is an access token for creating or accessing data from an oracle on the Zap platform.
Once you’ve entered into our ecosystem, you can manage everything. Anyone with a smartphone and an internet connection can participate in Zap's global platform.
Utilizing Zap's API, you can generate income off of any data or streaming service by creating an oracle out of it. Be at the forefront of a new generation of applications that are decentralized and powered by the blockchain. What kind of oracles do smart contracts need? Below are just a few examples
With help from our teams, contributors and advisors these are the milestones we are looking forward to achieve.
ZAPCore alpha complete
Market Contract: Accomplishes encrypted and monetized p2p data feed arbitration.
Oracle Proxy Contract: Proxy for pending oracle event responses and requests.
Oracle Binding Contract: Ledger of staked ZAP and generator of oracle DOTs.
ZAPClient in pre-alpha.
The first product ready to go live to all business
ZAPCore Live Beta: Fully functional beta built atop the ZAP token.
ZAP Provider SDK v1.0.
First Round of Featured Providers Integration.
ZAP Contracts and SDK Live Beta.
ZAP Contracts and SDK exit Beta.
Second Round of Featured Providers Integration.
Android app release.
Third Round of Featured Providers Integration.
First round of bounties for new oracles.
The Zap Team combines a passion for cryptoeconomics, blockchain expertise & proven record in leadership, development, smart contracts & oracles.
Nick Spanos, founder of Zap.org and the Bitcoin Centre NYC, said: "Bitcoin has a stellar year ahead . No matter how low bitcoin went in the past, it always climbed back at least a few times stronger.""
Founder and CEO of Blockchain Technologies Corporation Nick Spanos returned to Yerevan in August to advise Armenian government officials on conducting upcoming elections using paper ballots with blockchain technologies.
Nick Spanos is always pursuing a lot of big ideas at once, many of which are ahead of their time. In the early '90s, he founded short-term apartment rental and real estate websites nomorehotels.com, apartmentsexpress.com, and getaroom.com, long before AirBnB dominated the short-term rental market. In 1997, he was the CEO of Livery Cab, considered a precursor to Uber.
MUSCAT, Oman — BPOS Global, fresh off its successful Blockchain Oman 2018 is taking the powerful keynote and master class format to Sri Lanka for Blockchain Sri Lanka 2018. That packed event was the first Blockchain conference in Oman enhancing awareness of Blockchain technology in the country — and BPOS Global is now holdings its first-ever such event in Colombo.
In stubborn defiance of skeptics, digital currencies and blockchain only come back stronger. This time is no exception. Writing as the founder of the world’s first-ever bitcoin trading floor, let me tell you: while this roller coaster isn’t for the faint-hearted, it isn’t as bad as they say.
Comparing headlines between Western societies and Pakistan’s still-emerging democracy reveals a common, existential problem: neither seems to hold elections that consistently win the people’s trust in the integrity of the vote. Setting aside the hype around bit coin and crypto currency, we believe that blockchain — the revolutionary new technology underlying most digital currencies — will finally help solve these shortcomings.
"Citizens need to be able to trust that elections are fair," says Nick Spanos, the developer of VoteWatcher. He says not everyone is a computer whiz who will be reassured by a mobile app on a tablet or phone. He believes VoteWatcher's mix of high and low tech makes the process easier to understand and trust, which could encourage increased voter participation.
The industry needs smart contracts,” Spanos said. “In a real estate office, many people have disagreements because of informal oral agreements that are subject to people's sometimes-selective memory. However, if their wallet is in the smart contract tied to the deal, it is fixed and immutable. You're either in or you're not. Trust is automated.
The CEO and co-founder of Zap.org, Nick Spanos, has claimed that Bitcoin will recover despite its current bearish movements, but governments won’t have an easy ride. Spanos is a pioneer in the Bitcoin and blockchain technology space. In 2013, Spanos founded Bitcoin Center NYC – the world’s first-ever cryptocurrency trading floor, which initially opened directly across from the NYSE in 2013.
One of the early movers in the cryptocurrency space is Nick Spanos. Founder of Blockchain Technologies Corp. and the Bitcoin Center — a live trading floor for crypto down the street from the New York Stock Exchange — Spanos has evangelized for Bitcoin and other blockchain projects for years.
Nick Spanos, founder of the famous New York Bitcoin Center, is now working on a project called Zap. This platform is a blockchain-based ecosystem for selling data — pretty much any data, according to Spanos in an interview with Bitsonline.
The world's first serialized documentary on blockchain technology, " Next: Blockchain ," has launched with its first episode on multiple streaming platforms, including Amazon Prime . It is one of the only video productions to take a deep dive into the world of blockchain technology and those behind its progress.
You probably know Nick Spanos as the founder of the Bitcoin Center in New York City, a space next door to the New York Stock Exchange where people could buy and sell bitcoin in person. Now, Spanos is working on his next project — and he doesn’t believe blockchain entrepreneurs need government permission to change the world.
Nick Spanos, the founder of the Bitcoin Center in New York, and the co-founder of Zap, a crypto smart contract platform, based in Zug Switzerland introduced himself to me as “Mr. Bitcoin” at the World Government Summit in Dubai in February. We were on cryptocurrency panel together where he stated that “Bitcoin is not a bubble, it is the pin that is popping the bubble of the legacy financial systems since it has been created”, one of the most shared quotes from the panel.
Another negative for futures is that traders who do not own actual bitcoin do not get the free coin issued when bitcoin "forks", says Nick Spanos, CEO of Bitcoin Center in New York City
Nick Spanos, founder of the Bitcoin Center and Zap.org, believes that the BitLicense effectively choked the blockchain industry in New York. “I’ve witnessed the full extent of the tragic outflow of the earliest, most talented innovators. Nobody wanted to stick around for a still-evolving, harsh regulatory environment, when many alternatives exist in other parts of the US, and particularly abroad.”
Saudi Arabia is apparently eager to adopt blockchain technology in its oil industry “and that’s huge,” according to one of the earliest blockchain developers Nick Spanos. Speaking to Bitcoin magazine, Spanos was quite general in his remarks, saying how everyone in the Kingdom was enthusiastic about blockchain as a whole and couldn’t wait to start using it.
“Saudi Arabia is kicking the tires, and that’s huge. As part of their ambitious Vision 2030, Saudi Arabia as a whole is doing everything it can to modernize and diversify their economy. It means they’re open to doing things differently — and to doing big things with blockchain,” said Spanos.
While most organizations have historically created centralized applications and systems, blockchain by contrast “is a protocol of trust,” says Nick Spanos, CEO and founder of Zap.org, and founder of Bitcoin Center NYC and Blockchain Technologies Corp. “It's counterproductive when organizations rely on human trust instead of the mathematically-proven trust protocol of blockchain,” Spanos says.
Founder of the Bitcoin Center in NYC and Zap.org Nick Spanos is just one of the many CEOs scheduled to speak at the event. Bringing his 30 years of tech and political experience to the table, he is a wealth of information - and is just one of the inspiring walking encyclopedias who will be in attendance.
“Instead of all passwords of users being held in one database in the network operations center of one company, each individual holds their private key,” says Nick Spanos, founder of the Bitcoin Center NYC. “Companies like Equifax and Wells Fargo would never again handle information the way that they did. You would have to hack millions of their users simultaneously–- a much more difficult feat.”
Blockchain is already being piloted and adopted in every field — from finance to defense — with industry experts and analysts touting it as a game-changing solution for virtually every economic activity. Renowned early blockchain innovator Nick Spanos spoke to Sputnik about the uses and benefits of the technology in the energy industry.
"Decentralized, peer-to-peer trading is the future; it means unprecedented transparency, less administrative burden, and fewer middlemen,” explained Mr. Spanos. Spanos adds that blockchain’s distributed ledger reduces vulnerability to cyber terror, by ensuring that there’s no longer a single point of attack for cybercriminals. Instead of passwords and data being in a central database, each user controls their private key and data.
“The future has arrived for Saudi Arabia’s energy market. As blockchain reinvents every aspect of the oil and gas industry, it’s good news for a sector that for decades has seen very little progress,” says Nick Spanos, Co-Founder of Zap.org, who will speak at Decoding Blockchain KSA this month.
Nick Spanos, one of the original blockchain developers, said that Saudi Arabia is becoming impatient to recruit the blockchain technology in its oil industry. In his interview with bitcoin magazine, Spanos informed that almost everybody in the Saudi kingdom has high hopes in the breakthrough technology and are eager for its implementation.
It’s difficult to imagine the rise of Bitcoin without Nick Spanos, one of the earliest supports of cryptocurrency and blockchain technology. Join Spanos as he discusses the past, present, and future of an industry that he helped create and which he refers to as a “monetary revolution.”
Nick Spanos is an early pioneer of blockchain technology, and the founder and inventor of VoteWatcher, the patented first-ever blockchain voting platform.
Is bitcoin a currency, or an investment? A speculative bubble, or here for the long run? As the debate continues, one thing is certain. Bitcoin is filling the holes of the legacy financial system and providing real solutions for pressing problems, like the banking of the unbanked.
The accelerating rate at which blockchain-related patents are appearing on the scene is certainly a sign of the times. Nick Spanos, founder and CEO of Blockchain Technologies, said that patent wars similar to those fought during the software boom of the late 1990s are “inevitable.”
Nick Spanos, CEO, Zap.org and founder of the Bitcoin Center: Cryptos should not support centralized behemoth organizations anyway. Our ICOs will make platforms like Facebook and Google obsolete, and we should not fund them, especially when ICOs and cryptocurrencies are coming of age and are essentially like IPOs.”
"The instant a ballot is scanned, it's immutably recorded on the blockchain for anyone in the world to see. The public will know immediately where and when the votes occurred, and each voter can trace their vote using a private code," Nick Spanos, CEO and patent holder for VoteWatcher — the first secure blockchain voting platform — told Sputnik.
The Israeli Tax Authority on Monday confirmed that bitcoin and other digital currencies will be taxed “as property, not a currency,” in the so-called Startup Nation’s latest move to tighten the bolts on the nascent technology. Writing as an early pioneer in the cryptocurrency space – and as a business leader weighing entry to the Israeli market – it is clear that Israel’s proposed policies will only stifle innovation and hamper the economic prosperity delivered by digital currencies.
“The promise of a decentralized world is how can we have the same benefits we are used to getting from centralized entities, but in a decentralized way where the power remains in the people.” All industries are centralized. On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Nick Spanos.
‘Is the Future of Cryptocurrencies Gold or Dust?’ was the theme of a breakout session held on day three of the sixth World Government Summit (WGS 2018) in Dubai. The panel explored the context of cryptocurrencies and suggested possible scenarios for augmenting their use in the near future.
Digital currency Bitcoin may have taken a serious hit after skyrocketing towards a $20,000 value in late 2017 yet cryptocurrency experts are predicting a bright future lies ahead. Billionaire investor Warren Buffett knows a thing or two about making bucket loads of cash, and is one of those who have doused the flames of investors predicting big returns by claiming the world’s leading cryptocurrency is doomed to fail.
Nick Spanos, founder of the Bitcoin Center in New York, was speaking at a packed session entitled “Is the future of cryptocurrencies gold or dust?”. He defended the record of the currency and said its current decline would never render it worthless.
Nick Spanos, founder of Bitcoin Center NYC and Zap.org, has been invited to participate in a February 13th panel discussion on cryptocurrencies at the 2018 World Government Summit in Dubai, UAE. The summit, held from February 11-13th, brings together over 4,000 prominent public and private figures across 150 countries intent on engaging in future-focused dialogues to shape governments and improve the lives of citizens worldwide.
Blockchain Technologies Corporation CEO Nick Spanos visited Armenia in late January as a head of the delegation of international experts on bitcoin in order to get familiar with blockchain, crypto potential and prospects of the country.
On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Nick Spanos. He is the Founder of Bitcoin Center 2013 and Former Director of Contract of Ron Paul 2012. His visionary project zap.org aims to build real-world data into the blockchain. Listen to his insights here to learn about how blockchain technology can change the world.
In 2013 Nick Spanos founded Bitcoin Center in New York as the first physical bitcoin exchange, located right next to the New York Stock Exchange. He was also featured in the acclaimed “Banking on Bitcoin” documentary. Over the past months, Nick Spanos has advised governments on becoming early adopters of cryptocurrency and using blockchain to become regional and international tech hubs.
American Bitcoin expert Nick Spanos, CEO of Blockchain Technologies Corporation, will visit Armenia starting Wednesday, January 24 to discuss the prospects for cryptocurrency innovation in Armenia, Blockchain Tech Corp. informs.
Spanos says that banks and intermediaries are no longer needed for anyone, anywhere in the world to transact and enter into contracts. “These transactions happen more securely, more quickly and usually at much lower fees,” he wrote in an email. He argues that cryptocurrencies using blockchain could replace central banks one day because it is open-source. “Bitcoin represents the people’s declaration of monetary independence.”
A patent war "is inevitable," said Nick Spanos, founder and CEO of Blockchain Technologies, which has patented a blockchain-based election voting system among a handful of blockchain patents. He also is co-founder of the blockchain-based smart contract app Zap Project. "There are a lot of applications out there that people do to make their company look good with press releases and fluff, when they want to make their company look good."
Chris Wolfe, First Republic Private Wealth Management, and Nick Spanos, Zap.org co-founder & Bitcoin Center NYC founder, debate the value of bitcoin after Chamath Palihapitiya predicts it will hit $1 million in the next 20 years.
To help make this happen and to accelerate greater use, bitcoin and blockchain expert and founder of the Bitcoin Center NYC, Nick Spanos, is working to improve transparency. By developing technology to ensure the secure creation of oracles, which will bring the existing wealth of global data to one place for all user to access, Spanos hopes to see a big boost to bitcoin transparency.
[Bitcoin] and its many derivatives are a promising and rapidly growing field of technology. The hype exists for a reason: cryptocurrency has the potential to forever change how we do business. An intelligent investor who does their due diligence and can stomach the volatility has a rare opportunity on their hands: the chance to be part of the beginning of a global transformation of money.
A smart contract is essentially a traditional legal contract but written in computer code. The benefit smart contracts create is that they execute automatically once certain pre-set conditions are met, drastically reducing transaction times and overhead costs. However, smart contracts can only receive information from within the blockchain, meaning they cannot be triggered by events that happen outside the blockchain on their own.
Oracles provide the connection between real world data and the blockchain. They turn external data into a format that smart contracts can understand. Through the use of oracles, smart contracts can be triggered by external events.
Zap.org is a platform that connects data providers with data seekers. It allows any data providers to become oracles and allows data seekers to subscribe to the data feeds of their choice.
No. Coding skills are not needed at any point at the marketplace, and you can both publish and subscribe data without coding skills. However, basic coding skills are required to create the smart contracts that utilize the oracles.
Zap is for everyone! Non-technical users or businesses can easily make money as data providers while technical users can benefit from the robust, real-time data feed oraclization backend in the discovery of profitable data feeds.
Subscribers pay data providers directly using cryptocurrencies such as ZAP, ETH, BTC, etc.
The Zap Store can support any appropriately formatted data feed. We envision data feeds from security/commodity/cryptocurrency exchanges, IoT devices, sports scores, and more.
No. All of the data feeds listed on the Zap Project will be wholly owned by the data provider. The Zap Project does not own any of the data feeds listed on the platform.
Data providers can choose to offer their feed(s) to subscribers at no cost. However, the data provider would still need to pay any applicable Ethereum network fees required for smart contract operation. If the data feed does not require any interaction with the blockchain (e.g. raw data, not oraclized) then there are no fees for subscriber or provider.
A Zap Pool is a collection of data feeds (oracles) that work together to create a more useful data feed. For example, rather than subscribing to many individual temperature feeds around a city, there may be a Zap Pool data feed for an average temperature reading for the entire city.
Zap Bounties are incentives for data providers to set up a specific data feed or form a Zap Pool. For example, if you need a certain data feed but there are no data providers offering such a feed, a data subscriber can post a bounty for one to be set up.
Zap was initially be built to work with Ethereum. However, we anticipate that future versions will provide oracle data that is compatible with additional smart contract platforms such as Rootstock, Lisk, Æternity, NEM, EOS, etc.
Initially the Zap Store will host IPFS nodes to store data feeds. As the Marketplace grows, there will be the option to host data feeds with other (third party) IPFS node providers. However, data providers will always have the option of hosting their data on their own IPFS node.
No. The Zap Store will use smart contracts to handle subscriptions and payments, but we envision many data feeds being valuable to subscribers outside of their possible use in a smart contract; e.g. a researcher purchasing an air quality measurements Zap Bundle data feed for a city.
ZAP tokens are used for market purchases and will be listed on secondary exchanges. They can be bonded in a "DOT Generator" smart contract for a set duration to obtain DOT tokens. These DOT tokens are a secondary token used to pay fees on the Zap platform. The DOT generator algorithm works as an insulator to volatility and mitigates fluctuations in the DOT price.
Web3 API enables our user interface to interact directly with users' Ethereum wallets, eliminating the need to hold users' funds. IPFS provides a decentralized file storage mechanism. WebRTC provides real time P2P communication and routing of data.