Zcash needs use cases. Not only through blockchain-wide projects and partnerships but also out there in real life and I don’t talk about Flexa/Coinbase which doesn’t work in Europe yet.
We are living on such a large playground also called world there would be enough space to let off steam. What speaks against starting pilot projects in non-or over regulated countries?!
I don’t just imagine zcash as a means of payment or store of value but as a money and value transfer medium. Something like Western Union, only as a fast and unbureaucratic version with privacy features and at much cheaper prices and, above all, almost in real time.
When can we finally get serious?!
First, it would have to be evaluated which countries transfer a lot of money between each other, with a focus on money transfer services. Then, as a pilot project, a money transfer office would have to be opened in each of these countries. Some inventory and liquidity as well as an employee would have to be financed. To avoid legal difficulties, the customer can only send and collect money in the form of Zec, but cannot bring Zecs to send or sell. This means that all Zecs used for the purpose of money transfer and sent back and forth would remain in the possession of the two offices. They are clean Zecs with a history and they will remain clean.
I already discussed this here many months ago, also with a sketch. Zcash should act as an middleman or shield between all trading activities in order to secure the necessary privacy.
But in my initial post here I have now concretized the whole thing and we should finally start with a pilot project and not just talk and let time pass.
Incidentally, you wouldn’t need that much liquidity to realize this idea. Above all, zcash would realize profits immediately and the implementation would also not be the most difficult. @joshs
Based on the search results provided, it appears that money transfers are often made between countries with a large number of migrants and their countries of origin. An example of this is the transfer of money from migrants in the EU to their families and friends in non-EU countries.
Some of the countries mentioned in the search results and between which money transfers are made are:
Germany and Syria (with a decrease in money transfers due to the civil war)
Cape Verde and other African countries that benefit from remittances from their emigrants
EU and non-EU countries (with a total of 33.2 billion euros in money transfers in 2019)
2 offices
1 office in germany
1 office in Syria
each office has a business account with $250k liquidity
each office has a Zcash wallet with 5000 Zec each
both offices share a Coinbase or Binance account
the client comes to the office in Germany and deposits 50k
the German office sends 1000 Zec to the wallet in Syria plus a code in the memo field that only the office in Syria can see
then the office in Syria sends the Zec to Coinbase and pays out the money to the business account in Syria.
When the customer in Syria wants to pick up the money, he receives the code from the memo field as legitimation and uses it to pick up the money from the bank in Syria, deducting a fee of 2.5 - 5%. The fee is shared by both offices as profit.
Then the office in Germany deposits the 50k back into his business account to buy Zec from Binacne or Coinbase to replenish his Zcash wallet.
And so it is always done alternately
The fees 2.5 - 5% are always shared by both offices after each deal.
I think what you need is a DEX with P2P side chain. You dont need an office.
The P2P side chain with protocol to facilitate the integrity of the exchange.
Buyer and Seller to be able to do foreign currency exchange.
Gas fees paid in Zec but P2P can be in USDT to another country’s currency.
Imagine you are seriously thinking about how to implement zcash in a real business and this guy wants to turn it into an internet project. No Louie, a real business in the city like western union with an office. But no offense, you could offer the whole thing as an online service on the side.
This type of transaction is carried out on site.
The clientele
Amount of money
Deposit and withdrawal method in cash
Transaction speed (payments to the merchant bank accounts in real time)
Sufficient, affordable liquidity
Uninterrupted process
All of these things play a big role.
Berlin would be perfect for this. I think that there is also a trustworthy person in the Zcash community who comes from this city.
But you have already understood that this is about cash transactions or?
It’s about immigrants, war refugees who have little to no experience with the Internet and that’s the case for almost everyone.
They just want to send money to their families in their home countries in an uncomplicated way, without a lot of bureaucratic or technical effort. They go to a Western Union branch here and pay money at the counter and send it in cash.
Hundreds of thousands of people from Ukraine, Lebanon, Syria, Turkey are here and many of them do exactly that every day.
How about if you start with this and get serious instead of just talking or developing things that can be used almost exclusively on the internet.
ZCASH, Z.CASH would be ideal not only as a name but also as a technology for processing money or value transfers around the world.
I mean, how crazy is that? The money transfer service already exists and the technology for it is called zcash, now you just have to offer it. It can’t be that difficult. Make a money transfer service like western union only better and with all the strengths and features of zcash and you will experience something great.
@outgoing.doze read everything to understand what kind of people you are dealing with here and then ask what the moderator earns per month here just so he can censor people and decide what can and cannot be said and recently even knows what works and what doesn’t.
The issue with those kinds of bank systems is they used “Zcash technology” but they didn’t use the public Zcash “ZEC currency”. So it didn’t really add value to the Zcash ecosystem other than by proving that the tech is strong enough for banks to trust.
Listen, please do me a favour. Please continue to concentrate on censoring users, or rather suppressing discourse, but stop taking everything out of context.
Your suggestions are often areas that we have tread before, or decided not to go for whatever reason.
If it was as “easy” as your posts imply then we probably would have considered it or implemented it already.
It makes zero sense for the developers of an open source technology to open a centralized money services business where they would be be subject to scrutiny by regulators or governments.
No Louie, a real business in the city like western union with an office. But no offense, you could offer the whole thing as an online service on the side. 
