GIGZI- Facilitating widespread use of cryptocurrencies

in #blockchain6 years ago

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I've had some long standing questions about cryptocurrencies for a while now. At the top of that list is, “Will I ever be able to invest in crypto assets and sleep soundly?”. The root of these questions is usually the fear that I could wake up and find my funds greatly depleted as a result of the volatile ecosystem.

Sometime last week, I found a project that seemed to give me renewed confidence that investing in cryptocurrencies has the potential to be of good value in the future. That’s why I considered sharing a bit of what I found while carrying out my research on the project.

Introducing the Gigzi Platform
Gigzi platform is a financial statement which intends to combat three major challenges which have limited the widespread market adoption of cryptocurrencies. These challenges include;
• Hyper-volatility
• Account vulnerability (security issues) and,
• Wealth diminishment.

I’ll like to examine how Gigzi intends to eliminate these challenges one after the other, first up is the is the problem of hyper-volatility.

Relative Stability
This aspect of the project is actually what entices me most. It is a well known fact that cryptocurrencies can be very volatile and this particular factor has put off several potential investors as they do not want to take the risk of loosing majority of their invested fund. It’s actually something I wouldn’t like for myself. The Gigzi platform intends to leverage on the relative price stability of some precious metals which include gold, silver and platinum to eradicated the unpredictable price fluctuations that is prevalent in the crypto space and in the process enable commerce in tokenized precious metals.

Security
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Have you heard about Iritech Inc.?. If you haven’t,now would be a good time to pause and take a look at their official website https://www.iritech.com. Iritech is actually a world leading biometric technology provider and they offer products that have earned recognition and trust for the efficient services they render. Here comes the good part, Iritech is an official partner to Gigzi. Even if I stop here, I think you should understand the kind of security you will be getting for your funds by using Gigzi. You will be able to gain access to your account through a unique configuration of your iris. Awesome, right?.

Wealth Protection
This is the third of the beautiful features offered by Gigzi. With Gigzi, your crypto assets are backed with pure and high grade precious metals which can be redeemed at anytime you wish. These metals are sourced exclusively from a world renowned mint in Australia known as the Perth Mint.
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Conclusion
In the past few years, investments in blockchain technology has been increasing exponentially. Though, there is still a widespread believe that the technology is nowhere close to it’s potential because of some shortcomings. Gigzi brings to the table, a technology to create a decentralized global currency which is regulated by a smart contract. Gigzi envisages an ecosystem where users can trade cryptocurrency with security and convenience, whilst protecting their wealth in the relative constancy of precious metals.

In my subsequent articles, I will delve deeper into what the Gigzi Platform entails.

If you intend to learn more about this awesome project, I have made good provision for you. You can check out any of the following links
Official Website: https://www.gigzi.com/
Whitepaper: https://gigzi.com/whitepaper
ANN Thread: https://bitcointalk.org/index.php?topic=5047392.0

My Btt Profile Link: https://bitcointalk.org/index.php?action=profile;u=2296926

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