Cross-border payment system undergoes transformation with Zibo's newly introduced settlement class.

In a groundbreaking development for the global financial system, the unique blockchain system, Zibu, has made a significant impact in 2025, particularly in the telecom sector. Designed for settlement and payments, Zibu's innovation has streamlined cross-border transactions, bypassing the need for a central intermediary.

Initial tests conducted in August 2025 demonstrated the efficiency of Zibu's system, with payments being completed in mere seconds. Since the pilot phase, Zibu has been successfully settling transactions worth over $1.2 million weekly.

The telecom sector, known for its complex payment systems, often sees cross-border payments passing through multiple intermediaries, resulting in high costs and delays of up to five working days. However, Zibu's platform, part of the decentralized communications payments platform (DeFi), has managed to address these challenges.

Zibu's design supports the global financial system by providing a decentralized solution for settlement and payments. The system's use of smart contracts and a decentralized network has significantly sped up the cross-border payment process, eliminating the need for clearing houses or banks. This elimination of traditional intermediaries not only reduces latency but also high fees associated with traditional methods.

The benefits of Zibu's system are evident. Cost reductions range from 30% to 40% compared to traditional methods. Furthermore, platforms like Zibu could play a crucial role in the expansion of the telecom sector, particularly in markets like India, Africa, and Southeast Asia.

Zibu's decentralized solution for settlement and payments in the telecom sector has already been adopted by three telecom companies. While information about the founder or leader of the company Zibu remains elusive, the impact of their innovation on the global financial system is undeniable.

The adoption of platforms like Zibu in the telecom sector could help address long-standing challenges such as roaming and network charges. As we move forward, the potential for further innovations and improvements in the telecom sector, facilitated by blockchain technology, is exciting indeed.

Cross-border payment system undergoes transformation with Zibo's newly introduced settlement class.