GIGZI - REVOLUTIONARY FINANCIAL SYSTEM
INTRODUCTION
Votality, account vulnerality and wealth devaluation are the greatest challenges to the largest adoption of cryptocurrency. The gigzi is a revolutionary financial system that facilitates the largest use of cryptocurrency gigzi delivers. Gigzi is comprised of crypto-assets that operates on a decentralised peer-to-peer network and are supported by the three core applications a Treasury, an Exchange and a Wallet. These applications helps independent wealth management.Using the distributed ledger technology (Ethereum) and smart contracts, the Gigzi has developed and deployed a self-regulating financial system that revolutionises the way wealth is managed and protected. The gigzi vision is to create a financial system that enables users to independently manage and protect their wealth,with the ease and convinence of modern banking.
ABOUT GIGZI PROJECT
Ethereum is the platform that underline the gigzi ecosystem that enables gigzi to develop and deploy decentralized applications. The smart contract regulating the gigzi ecosystem can not be modified once deployed it runs exactly as programmed. Users can freely participate in the gigzi ecosystem by accepting the proposed functions and terms of the gigzi smart contract. The gigzi ecosyytem contains threee APP that supports the gigzi crypto- assets which are: The Exchange,Wallet and Treasury.
THE PROBLEMS WITH CRYPTOCURRENCY
- The uncertainty and stability of wealth invested in cryptocurrency
Cryptocurrency has generated a great returns for some of the investors and the dramatic gains have produced tales of "Bitcoins Millionaires" individuals who invested in a digital currency earlier and who multiplied their initial investment many times over. Flash crashes have occured which have significantly diminished the wealth held in cryptocurrency sometimes, within a matter of minutes. - Hyper-votality of cryptocurrency
Price fluctuation of cryptocurrencies undermine their ability to perfom as a stand-alone currency. Both micro and macro fluctuations make it difficult to price goods and service and limit the use of cyptocurrency for trade. - Account vulnerality
Users account on the blockchain are protected by a key that is paired with a public key. the private key which is a randomly generated set of numbers and characters, decrypts and grants access to theaccount. The length and constant use of the private key,often by copy and paste actions, makes it extra vulnerable to intercept by Trojans, spyware and Malware.
THE GIGZI SOLUTIONS TO THE ABOVE PROBLEMS
The gigzi has improve to address the three challenges of cryptocurrency discussed above, through a comprehensive financial system which provides stability security and wealth protection.
- Wealth protection: The tokenisation of precious metals.
The tokenisation of precious metals makes available a stable metals for users in which to invest their wealth on the blockchain. Precious metals maintain considerable value even when fiat currencies are not strong enough in investing funds in precious metals is therefore an effective method of wealth protection. - Stability: A cyptocurrency that is pegged to the price of precious metals enabling items to be priced and traded using a stable measures.
The price of precious metals is globally reliable, consistent and relatively stable. The gigzi follows that by anchoring the price of a cryptocurrency to precious metals is much-needed stability is introduced. - Security: Development of wallet with Intech that uses the iris as the key
The gigzi wallet APP is secured by iris recognition technology. Intech has improve the advanced iris recognition technology in the market,its algorithm was the InTech greatest ranked security technology according to the US government's NIST IREX test, and InTech iris recognition is currently used by the United state immigration services.
GIGZI APPLICATIONS
The gigzi ecosystem is supported by three core APP such as : A Treasury, A Wallet and an Exchange these are applications used by state-of-the-art technology to create all necessary functions for a comprehensive financial system.
GIGZI WALLET
The gigzi wallet is a multi-currency application that is secured by the users Iris. Registering a wallet account is free and anonymous, when a new account is created unique address is generated on the blockchain.The gigzi wallet create a full funtionality for managing funds stored on the blockchain. The wallet supports multiple currencies including cryptocurrencies such as Bitcoin and Ethereum.
GIGZI CRYPTO ASSETS
The decentralized gigzi currency is made of four crypto - asset that are both unique and complementary in the gigzi ecosystem such as:
Gigzi metals that is madeup of:
- Gigzi gold ( GZG)
- Gigzi Silver (GZG)
- Gigzi Platinum (GZP)
- Gigzi Black (GZB)
All crpto-assets are decentralized and they can be transferred peer-to-peer without limitations. Every crypto-asset is divided up eighteen decimal points. The gigzi crypto assets are constantly exchangeable with one another using a live exchange rate in real-time
CONCLUSION
Gigzi wallet is different from other wallet that are available in the market by its use of Iris recognition technology. Users are introduced into the Gigzi ecosystem throughthe three core APP such as: The Treasury,Wallet and Exchange. The gigzi wallet offers a unique product to cyptocurrency users and unpaaralled security through gigzi collaboration with In Tech to create gigzi Iris.
Useful Links
Web Site: https://www.gigzi.com/
Whitepaper: https://gigzi.com/whitepaper
Twitter: https://twitter.com/gigziofficial
Facebook: https://www.facebook.com/gigziofficial
Telegram: https://t.me/gigzi
Medium: https://medium.com/gigzi
Linkedin: https://www.linkedin.com/company/gigzi
Reddit: https://www.reddit.com/r/Gigzi
Authors Details
Bitcointalk username: kingairdrop
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137
Eth Address: 0xA9334e54F7627332bC581d6dd6fD94aB79b39E55