About ZAC
ZAC is built on an open-source network for currencies and payments. ZAC empowers you to send and trade a digital representation of South African Rand; its built upon a network that is designed to allow all the world’s financial systems to transact like one network, quickly and at extremely low cost.
Because ZAC is decentralized there is no “owner”; if anything it’s owned by the public. The system handles millions of transactions each day. Like Bitcoin and Ethereum, ZAC relies on blockchain to keep the network in sync. However, the end-user experience is more like cash — ZAC is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.
Features
Very Fast Transactions
Transactions can be confirmed and completed in seconds.
Irreversible transactions
Once a transaction has completed it it irreversible. That means you can with confidence exchange cash for ZAC.
Very low transaction fees and no monthly costs
Transactions is quasi free see our costs page.
Ability to create a new account yourself
Easily create your own account with no additional costs