GIGZI - Independent Wealth Management

Dear followers, thanks for your followership, comments and feedbacks, i am here today to introduce to you one of its kind and amazing project, by the name Gigzi, a financial platform which utilizes an innovative approach to blockchain based investment tools and cryptocurrencies to create a decentralized global currency which is regulated by Smart Contract.

INTRODUCTION

The real essence of blockchain and cryptocurrency is to distribute decision making powers from central authorities and big power houses through decentralisation. One of the more interesting feature of cryptocurrency is that it can't be controlled by any middle men or authorities. On platforms like Bitcoin network where the framework is peer to peer, the transfer of real value does not require the contribution of any central power, since exchanges are approved by a distributed set of miners that exist on the system. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges. Majority of popular exchanges with massive trading volumes are designed on centralised framework rather than on decentralized framework.

While blockchain technology has been remarkable for business and administration because of the level of transparency and security, it is still up to cryptocurrency exchanges and their clients to protect important information and assets

I have used different cryptocurrency trading platforms and seen that most other users are often confused about making choice of cryptocurrency exchanges due to some of the problems faced on the platforms. These numerous problems such as insecurity, scalability, ease of use, simple user experience and many more are the reasons why the MoonX platform is created. Moonx will alter the crypto trade framework particularly in it's effort to making it individuals oriented and free from all middle men and power houses.

OVERVIEW OF GIGZI

Gigzi is a financial platform which uses an innovative approach to blockchain based investment tools and cryptocurrencies to create a decentralized global currency which is regulated by Smart Contract. There are many financial platforms which utilize cryptocurrencies but, Gigzi is the only one which contributes an investment ecosystem where users would be able to protect their wealth in relative constancy of precious metals. In addition to the wealth protection, precious metals provide a constant growth in relation to the value of the precious metal itself.

The vision is defined by the wish that users become integrated into the financial ecosystem and that they will use all applications to preserve wealth, manage investment, and buy goods and services. Gizgi stipulates an ecosystem in which users can safely trade cryptocurrency, and their wealth is protected in precious metals. It is a new and innovative system in the blockchain market.

GIGZI ECOSYSTEM

The Gigzi ecosystem is made up of crypto-assets like Gigzi Black (GZB), Gigzi Metal, buying Gigzi Platinum, Gold (GZG) and Silver (GZS) - which are supported by three core applications; a Secure Wallet Irish Recognition Technology, an Exchange and a Treasury.

Gigzi Black (GZB) It's special in her Gold Reward program, through which users who keep Gigzi Black at the end of a reward cycle are paid with cryptocurrency Gold Gigzi.

Gigzi Metal is equal to 1 gram of its precious metal. Gigzi's precious metal tokens provide users with certainty to invest their wealth on the blockchain but also allow users to cover and limit exposure to volatility on the cryptocurrency market. Perth Mint was chosen to offer the precious metal that supports Gigzi Metal crypto-assets.

THE PROBLEM

Hyper-volatility of Cryptocurrency

There is a vast deal of volatility in the cryptocurrency space because of its’ infancy. As a result of this volatility, some investors gain high returns but some of them are not lucky or educated enough so they lose their investments with lack of investment options which provide stability.

Account Vulnerability

Since it is the wealth of the user which cryptocurrency wallets and cryptocurrency exchanges keep they need a high level of security implemented for the safety of the funds. Therefore, user accounts are protected by a public key which is paired with a private key. The private key, which is a randomly generated set of numbers and characters, decrypts and grants access to the account. Since private keys are so long that it is impossible to memorize and they are frequently used, they are often used by ‘copy and paste’ actions, which makes it extremely vulnerable to interception by Trojans, Spyware and Malware.

The Uncertainty and Instability of Wealth Invested in Cryptocurrency

Everyone might have heard about 100x and even more than 200x returns on investing in cryptocurrencies. It is not rare that people have earned a lot of money investing in cryptocurrencies. On the other hand, there were flash crashes and devaluation of the cryptocurrencies depending on the FUD and news published. These events might easily bring huge losses within minutes and there is no way to avoid them.

THE SOLUTION

Stability

There will be three Gigzi Metal crypt-assets; Gigzi Platinum (GZP), Gold (GZG) and Silver (GZS) which are pegged to the price of precious metals. This will enable them to be priced and traded in relation to a measure. The price of precious metals is globally consistent, reliable and relatively stable. Pegging the price of these crypto-assets to the corresponding metal brings the stability needed. This will also enable them to be used as a payment for goods and services.

Security

Gigzi Wallet is secured by iris recognition technology to be used as a private key. Gigzi Wallet will be accessible by Gigzi Iris which is a state-of-the-art biometric device that will be manufactured by the worlds’ leading iris security technology provider IriTech. Its algorithm was the highest ranked security technology according to the US governments’ NIST IREX test. IriTech iris recognition is currently used by many US Governmental Institutions and international non-governmental organizations. This innovative product will implement a higher level of security to the wallet which no wallet has at the moment. The main benefit of this technology will be to prevent the loss of funds which would be caused by compromised private keys.

Wealth Protection

Gigzi Ecosystem permits users to trade and hold Gigzi crypto-assets as well as other cryptocurrencies. It would be possible to exchange to or from the Gigzi crypto assets into any cryptocurrency or fiat. These unique features will grant users to convert their assets into Gigzi Metals in order to prevent loss of value in a flash crash or FUD coincidence.

GIGZI FEATURES

Wallet

The Gigzi Wallet utilization supports major electronic payments and allows users to easily manage funds stored on the blockchain. This wallet warrants unparalleled account security thanks to IriTech's iris recognition technology, which allows users to be confident in their operating safety and savings.

Exchange

Due to the presence of a private exchange, the system Gigzi will allow all users to quickly spend the cryptocurrency exchanges of assets with Fiat and Vice versa. Also, for users, due to the integration of API exchanges, the function of transferring cryptocurrencies from one exchange to another will be available. The same will apply to traditional Fiat exchanges. This principle allows not to be limited to one exchange, but to interact with a wide range of partners.

Treasury

The Gigzi system intends to back up each of its coins with precious metal from this and there will be a further classification of coins: GZP (Platinum), GZG (Gold) and GZS (Silver). Each time when there will be a purchase of a coin, it will be supported by 1 gram of metal. When the cycle of the transaction will occur in the opposite direction and will be the redemption of precious metals, the system will immediately be the destruction of the crypto-asset. This principle will allow you to quickly exchange Gigzi Black for Gigzi Metals and convert your assets into a more stable market of precious metals.