Zeus Protocol, a 2nd layer network for Ethereum and CINDX, an investment platform that allows individuals to combine several crypto exchange accounts into one trading terminal have announced a strategic partnership.
CINDX will implement the ZeusID solution for blockchain based identity and reputation to enhance trust between participants.
Zeus Protocol’s first solution, ZeusID, provides partners and clients with decrypted on-chain identity and insightful reputation analytics, which gives a significant advantage over the competition. ZeusID is one of the core capabilities of Zeus Protocol because it solves one of the biggest pain points of the blockchain ecosystem — trust and reputation.
CINDX allows blockchain investors to choose an expert manager for their portfolio based on actual trading statistics recorded on the blockchain, and consistently earn returns. The statistics include the manager’s performance history, investment risk level, type of cryptocurrency traded, and other essential pieces of data. Investors’ portfolios are automatically connected to a manager through an API key, and their cryptocurrencies are securely traded for a reasonable success fee.
Zeus Protocol focuses on providing the network with key innovations to support applications with scalable computation, interoperability, identity, and off-chain information.
“ZeusID is an interesting technology for CINDX, which can leverage our project features to the new level of usability and trust between the participants. With a tool which can help individuals to identify themselves on a blockchain, we can bring more transparency to the assets under management markets and transform the relations of the counterparts from trust-based to performance-based.”
