The sharing economy is actually very "selfish", and blockchain technology wants to give it a way out

Didi and Mobike, as unicorns in the field of "sharing economy", have long penetrated into our daily lives. Although the resources they provide are in a shared state, they still use the traditional business model. Currently, there are only a few dominant companies in the market and they control a huge amount of core data, aggregating a large amount of social resources through centralized corporate entities.

However, the essence of the sharing economy should be to use truly idle and redundant resources in a peer-to-peer manner, so that each participant can reasonably pay and benefit in a suitable way. As we know, blockchain technology advocates weak control, decentralization, non-tamperability and coupled connection, which complements the essential form of the sharing economy.

The blockchain-based sharing economy will be a brand-new business model, which may subvert the existing "sharing economy" and the existing industrial structure. Zeepin Chain, a blockchain-based public facility, will be committed to building the first decentralized sharing new economic community, so that everyone can find the resources they need, initiate innovative projects, invest in projects and get value returns worldwide.

Zeepin Chain first proposed the concept of "Sharing New Economy", which is a social change driven by blockchain technology. Zhu Fei, the founder of Zeepin Chain, proposed three core points of the Sharing New Economy: sharing by everyone, decentralized trust, and low-cost matchmaking transactions.

Zhu Fei, the founder of Zeepin Chain , is a member of the Shanghai High-end Creative Talent Association and the Shanghai Jiangnan Intelligent Manufacturing Creative Industry Center. His years of working experience have made him realize that the cultural and creative industry is a hot and high value-added and sustainable value depression. It is a new trend in the development of the world economy and a strategic choice for many countries. Therefore, Zeepin Chain will use its background and resources in the cultural and creative field to focus on the cultural and creative industry. Through ZeeCrew, a web-based decentralized application (dApp) operating on Zeepin Chain, any organization or individual (creators, manufacturers, channel merchants, etc.) can initiate projects in the community or jointly form a decentralized autonomous profit-making team. Users can create dynamic creative organizations through ZeeCrew, undertake various possible creative tasks, media management, insurance, property, legal affairs, resource management, park management, etc., and carry out project incubation, financing, investment and other services on ZeeCrew. System components include share allocation, task allocation, and building smart contracts through ZeeCrew.

The specific operation mode is: the high-quality copyright of the creator drives the surplus capacity of medium-sized manufacturers to manufacture consumer goods, which are sold by the channel merchants of the autonomous community. Self-media /writers/novelists can find publishers and distributors around the world through the community, form an economy, and initiate crowdfunding ZPT for publishing projects; bands can find performance venues through the community, form an economy and pre-sell performance tickets, etc. Not only that, in the future, the modular application on the Zeepin Chain will also be applicable to other industrial projects. Zeepin Chain will be a highly inclusive decentralized community that can maximize the sharing of any surplus value.

Yang Xinle, the chief architect of the Zhipin Chain team, has 18 years of work experience in Silicon Valley and holds multiple blockchain patent certificates. Zhipin Chain's consensus mechanism adopts the PBFT optimization solution and adopts a layered design in the architecture design to support decentralized digital transactions, access and process control. Zhipin Chain supports tens of thousands of concurrent transactions and a final transaction confirmation speed of 5 to 10 seconds, which helps to quickly execute and confirm transactions and supports national encryption.

In order to solve the cost and credibility issues of copyright registration and traceability, and to make it convenient for creators to use, Zhipin Chain proposes a solution of copyright pass and user pass based on the Zhipin Chain bank-gate wallet system. Each registered user will have a wallet account native to Zhipin Chain that supports multiple asset categories, that is, a cryptographic public key. After each copyright passes the review, a certain number of constant copyright passes will be issued through the bank-gate and allocated to the founder's wallet account. Copyright pass is a type of digital token with rights. Copyright pass can be freely traded on Zhipin Chain, and the transaction process completes the business process of copyright transfer, buyout and exchange. After that, the founder can also apply for authorization pass through copyright pass and authorize users to use copyright once, multiple times or on a paid basis. Business logic can be implemented through smart contracts.

In other words, through such a decentralized trading platform, trustworthy and tamper-proof transaction records and Zhipin Chain's understanding of digital copyright, the cumbersome and repetitive processes in copyright transactions can be reduced, the trust between multiple parties involved can be guaranteed, and the one-click and automated execution of copyright transactions can be supported.

At present, the Zhipin Chain project has received support from more than 150 creative parks around the world in terms of venues and resources. Because the project itself upgrades the creative industry through blockchain technology and activates the excess capacity of the manufacturing industry, it has received support from the government and central institutions, ensuring that community participants can obtain more resources. In order to ensure the security of users' digital assets, Zhipin Chain has established in-depth cooperation with well-known insurance institutions to jointly protect users' intellectual property rights and develop systematic and targeted insurance products to ensure the security of users' digital assets. Zhipin Chain has also received investment from Silicon Valley's OUTPOSTVC.

Founder Zhu Fei said: "Unlike general blockchain ICO projects, Zhipin Chain has completed development. Some of the projects disclosed in the white paper have been tested, and the undeveloped parts have also completed the early technical and demand communication. After the ICO is completed, the development and implementation stage will begin."

Zeepin Token (ZPT), as a token of Zhipin Chain, is the infrastructure of the decentralized community. It is not only a practical token for project crowdfunding, but also a credit asset used to support fairness, efficiency, security, and the establishment of a decentralized community. "Coin holders can use ZPT to invest in crowdfunding projects that you are interested in, speed up the progress of their projects, and when the projects start to make profits, you can get token returns according to the reward mechanism of the decentralized community. At the same time, it greatly enhances the circulation of ZPT in the community." Zhu Fei said.

The ICO of Zeepin Chain will be carried out simultaneously on the official website and the officially designated crowdfunding platform. The token during the ICO is Zeepin Token, referred to as ZPT (ZPT), and the initial issuance of ZPT is 1 billion. It will start from 20:00 (Beijing time) on September 1, 2017 and end at 20:00 (Beijing time) on October 5, 2017. This ICO will release 40% (400 million) of the total ZPT. The ICO will last for 35 days, and the earlier participants will receive more rewards.