Gigzi

The crypto world is going through hard times today. After the surge of 2017, the year 2018 is marked by the outflow of capital and the extinction of the mood of crypto enthusiasts. One of the bright reasons is a number of problems, legal, technical and even ideological. But today we will talk about the problems of transition of financial systems from banking to systems based on the Blockchain technology. One of the bright projects involved in this area is GIGZI. About how they see the problem and how to solve it, and what we are doing today and talk in our review.

Problem

What are the problems today in the field of communication banks and blockchain.

youth of the market. This problem is that the socially blockchain industry is not yet sufficiently developed. Vorkug her go to many rumors. And people tend to protect themselves from everything new. This may not be so much an obvious factor, but it is significant on a global scale;
subtlety of the market. This means that the entrance to the cryo currency, like its output, is difficult due to the small money supply. For example, if a person wants to buy bitcoins for a million dollars, then he will not be able to do this even in one day without the need to buy expensive orders in glasses. We have to resort to direct exchange from hand to hand, and this is no longer safe. And in general, everything related to the blockchain, but going beyond its physical limits is not safe;
technological youth. These are all technical problems of the blockchain. And transaction speed, and scalability and consensus. If we talk about them in detail, it would be better to devote a separate topic to this. These problems are partially solved by the technical team of the project. Some in general, in principle, can not be solved.
We have combined all the problems in general directions. Now it is enough to understand that in the direction of growth in user demand for cryptocurrencies, attention should be paid to these three points. Social part, financial and technological.

Decision

Gigzi is a financial system based on blockchain technology. It provides the same user processes as a regular bank. Only as a means of calculation are crypto currency. Today, the system has already begun to function, you can try it yourself and get many benefits that will come in handy in the future. For example, tokens.

The emphasis in paltform is on safe storage. So that the user does not look for other places where he can store cryptocurrency. To this end, Gigzi has entered into a partnership with IriTech, known in the market as the undisputed guarantor of financial systems. Tmakaya security, in particular, is achieved by identifying the user by the retina.

The next know-how is the reinforcement of the platform coins with precious metals, platinum (GZP), gold (GZG) and silver (GZS). 1 gram 1 coin Gigzi. Accordingly, the main coins on the platform will be coins of three types corresponding to metals. At any time, you can exchange coins for a piece of precious metal. Come and pick it up, or order by mail.

Gigzi infrastructure has three elements:

purse. For registration which requires a special device that scans the retina;
exchange. This is a stock exchange, which is a trading toolkit, combined with paper storage facilities. The system can be embedded in the interface of other organizations by API. For example, banks that have decided to make friends with the blockchain;
Treasury Department. This is a complex of organizations providing storage of valuable metals. In fact, Gigzi complements the blockchain technology with tools used by banks. Which give money real liquidity.

The Australian Mint is already participating in the project. Which delivers precious metals for the New York, London, Dubai, Shanghai and Tokyo Commodity Exchanges. This is incredible!

Team

Advisors

findings

What you should pay attention to the project GIGZI. First, providing cryptocurrency real assets in the form of valuable metals. This idea has long been in the air and now begins to be realized. Secondly, this is a partnership with the Australian Mint, which supplies metals to the world’s largest stock exchanges. Crowdsale will begin in two weeks on this page since the publication of the article. He is expected to be fast. It is interesting to watch and participate!