GIGZI - Independent Wealth Management - Crypto Info

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Tuesday 25 December 2018

GIGZI - Independent Wealth Management



Executive Summary

The total market capitasation of all digital currencies exceeded US $800 billion in early 2018, with blockahin technologies attracting exceeding US $930 million in 2017. However, at present the wider adoption of cryptocurrencies is hindered by market volatility and account vulnerability.

Gigzi is a revolutionary financial system that address these challenges. By harnesiing the relative constancy of precious metals world leading iris recognition technology, Gigzi provides investor with stability, security and wealth protection.

The Gigzi ecosystem is formed of decentralization crypto-asset- Gigzi Black (GZB) and Gigzi Metal, comporizing platinum (GZP), Gold (GZG) and Silver (GZS) - that are supported by three core applications a Wallet secured by iris recognition technology, an Exchange and a Treasury.

Gigzi Black (GZB) is backed by market confidence. It is distinctive in its Gold Rewards programme, whereby, users holding Gigzi Black at the end of a reward cycle are paid Gigzi Gold crypto-asset. This ensure user are invested in the Gigzi ecosystem and share in its success.

Gigzi Metals is stable and secure; this is achieved by anchoring the price to precious metal. 1 Gigzi Metal is equal to 1 gram of its respective precious metal. The tokenisation of precious metals by Gigzi provides users with a stable asset in which to invest their wealth on the blockchain, as well as enabling users to hedge and limit exposure the volatile cryptocurrency market. The word-renowned Perth Mint has been chosen to provide the precious metal that backs Gigzi Metal crypto-assets.

The Gigzi Wallet application supporter major cryptocurrencies and anbles users to easlily manage funds stored on the blockchain. In conunction with iris recognition technology, developed with iriTech - the world's leading iris biometric security providers, the wallet provides unrivalled account security.

Gigzi Exchange facilitates transaction and exchange between Gigzi crypto-assets adn any supported cryptocurrency or fiat money. This inter-operability is a significant feature of the Gigzi ecosystem. Gigzi Metal crypto-assets maybe redeemed for gold or silver cast bars at the Gigzi Treasury.

gigzi has been in developpment for over two years. Phases comlpeted include system architecture design, Smart Comtract development and formalisation of partnership with iritech. Therefore, at the point of launch and crowdsale - gigzi is only months away from delivering the full system architecture and funcionality to its users.

Gigzi will change the way in which wealth is stored, traded and protected. 'It provides a complete and decentralised fianancial system; empowering users through financial independence and security.


Introduction

Volatility, account vulnerability and wealth devaluation are the gratest challenges to the wider adoption of cryptocurrency. Gigzi is a revolutionary financial system that facilitates the wider use of cryptocurrency. gigzi delivers;

  • Stability
    By harnessing the relative constancy of precious matels, gigzi protects investor aginst the unpredictability or market fluctuations
  • Security
    Gigzi utilities impenetrable iris recognition technology (Iritech) for account control
  • Wealth protection
    By backing crypto-asset with pue, unfabricated precioustaals that are redeemable on demand, Gigzi prevents wealth management

    Gigzi is comprised of crypto-assets that operate on a decentralised peer-to-peer network and are supported by three core application a Wallle, an Exchnage and a Treasury. Together, these application enable independent wealth management.

    Using distributed ledger technology (Ethereum) and Smart Contract, gigzi has developed and developed a self-regulating financial system that revolutionises the way wealth is managed and protected. The gigzi vision is to create a financial system that empowers users to independently protec and manage their wealth, with the ease and convenience of modern banking.

The Gigzi Ecosystem

Ethereum is the platform underlaying the Gigzi ecosystem; it enable Gigzi to developed and deploy decentralised applications. the smart contract regulating the Gigzi ecosystem cannot be modified once deployed; it runs exactly as prorammed. Users can freely participate in the Gigzi ecosystem by accepting the proposed functions and terms of the Gigzi Smart Contract.

The Gigzi ecosystem consist of three core application taht support the Gigzi crypto-asset - a Wallet, an Exchange and a Treasury.


Gigzi Crypto - Assets

The decentralized Gigzi currency is formed of four crypto-assets that are both unique and complementary in the Gigzi ecosystem. These are :
  • Gigzi Black (GZB)
  • Gigzi Metal, which is formed of : Gigzi Platinum (GZP), Gigzi Gold (GZG), Gigzi Silver (GZS)
Gigzi Black (GZB) is backed by market confidence and the potential for forwards, whreas, Gigzi Metals (GZP, GZG, GZS) is stable and secure by being anchored ton precious metals.

All Gigzi crypto-assets are decentralized and can be transferred peer-to-peer without limitations. Each crypto-assets is divisible up to 18 decimal points. Gigzi crypto-assets are instantly exchangeable with one another using a live exchange rate in real time. 

Gigzi Applications

The Gigzi ecosystem is supported by three core applications: a wallet, an Exchnage and a Treasury, these applications use state-of-the-art technology to provide all the necessary functions for a comprehensive financial system.

Gigzi Wallet

Gigzi Wallet is a multi-currency application that is secured by the user's iris. registering a Wallet account is free and anymous. When a new account is created, a unique address is generated on the blockchain.

This is known as a Public Key and is the equivalent of an account number; it is where Gigzi crypto-asset are stored on the blockchain. Each Public key has a corresponding Private Key, which is used to again access to the funds stored on the account. The private keys signs transactions using a digital signature and gives direct access to a users's account and funds.

The Gigzi wallet provides full funcinality for managing funds stored on the blockchain. The Wallet Supports multiple currencies, including major cruptocurrencies, such as Bitcoin and Ethereum. Other features include transactions overview, payee management, sending and receiving of payments, conversations between different Gigzi crypto-assets, price chart and advanced security )iris recognition technology).

Gigzi Exchange 

Gigzi Exchange facilitaties transaction adn exchange between currencies. Through the Gigzi exchange users can exchange any supported cryptocurrency or fiat money to or from Gigzi crypto-assets. With the growing number of currencies, inter-operability is a signifcant feature of the Gigzi ecosystem. 



Gigzi Treasury 

The Gigzi Treasury application is where Gigzi Metal an be redeemed for platinum, gold or silver. The precious metal that backs Gigzi Metal is redeemable by the user at any time. The ability to redeemed Gigzi Metal assets, on demand, enables users to manage investments in a secure and efficiency way.

When reddeming Gigzi metal, users choose the weight of precious metal cast baar to be fabricated, it is subsequently redeemable at a rate of 1 Gigzi Metal crypto-asset (GZP/GZG/GZS) to 1 gram of precious metal. the cast abrs are fabricated by our partners at the mint after which, they are safely dekivered to an address provided by the user. Once the precious metal is redeemed, the crypto-assets are destroyed by the treasury and removed from circulation permanently. 




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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69

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