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ZenCash, Infopulse partner to develop treasury voting system
ZenCash, a privacy-focused cryptocurrency, has entered into a partnership with Infopulse, an international software research and development company, to collaborate on key research and development projects on the Zen blockchain.
According to the official release, the first joint project under the partnership will be the development of a treasury voting system that will enable ZenCash holders to make decisions on community proposals. The voting system will give the Zen community an active role in the network’s development and offer transparency into the allocation of funds.
“Infopulse’s software development expertise will prove invaluable to ZenCash as we develop our treasury voting system, one of the flagship features of the Zen platform. Infopulse’s technical insights will also inform future projects and help us make critical updates to ZenCash. With Infopulse’s record of building innovative and sustainable software solutions, we are confident that this partnership will keep ZenCash on the bleeding edge of research and development in the blockchain space,” ZenCash Co-founder Robert Viglione said.
The treasury voting system will help to improve community participation in decision-making for the ZenCash network. Under the model, proposals are placed in a system, where ideas can be submitted by anyone and voted upon by ZenCash holders. The companies are currently stress-testing a prototype of the treasury model, with active voters participating in theoretical proposals.
In addition, Infopulse will also assist ZenCash in the development implementation of various critical projects such as scaling protocols, domain fronting, and distributed file storage. The collaboration with Infopulse builds on a partnership between ZenCash and leading blockchain engineering company IOHK. ZenCash and Infopulse plan to implement a custom model of IOHK’s reference treasury model, which IOHK has been developing in collaboration with Professor Bingsheng Zhang from Lancaster University.
“Infopulse is excited to partner with ZenCash, one of the most innovative and mature blockchain companies in the world. We will work together to implement new products and protocols, like the treasury model, that will offer an unparalleled user experience, as well as increasing trust and transparency in the community,” Infopulse Vice President of Marketing Jan Keil said.