Gigzi is a revolutionary financial system that addresses these challenges. By harnessing the relative constancy of precious metals and utilising world leading iris recognition technology, Gigzi provides investors with stability, security and wealth protection.
The Gigzi ecosystem is formed of decentralised crypto-assets - Gigzi Black (GZB) and Gigzi Metal, comprising Gigzi 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-assets. This ensures users are invested in the Gigzi ecosystem and share in its success.
Gigzi Metal 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 to the volatile cryptocurrency market. The world-renowned Perth Mint has been chosen to provide the precious metal that backs Gigzi Metal crypto-assets.
The Gigzi Wallet application supports major cryptocurrencies and enables users to easily manage funds stored on the blockchain. In conjunction with iris recognition technology, developed with IriTech - the world’s leading iris biometric security provider, the Wallet provides unrivalled account security.
Gigzi Exchange facilitates transactions and exchanges between Gigzi crypto-assets and any supported cryptocurrency or fiat money. This inter-operability is a significant feature of the Gigzi ecosystem. Gigzi Metal crypto-assets may be redeemed for gold or silver cast bars at the Gigzi Treasury.
Gigzi has been in development for over two years. Phases completed include system architecture design, Smart Contract development and formalisation of partnership with IriTech. Therefore, at the point of launch and crowd sale – Gigzi is only months away from delivering the full system architecture and functionality to its users.
Gigzi will change the way in which wealth is stored, traded and protected. It provides a complete and decentralised financial system; empowering users through financial independence and security.
Gigzi Applications
The Gigzi ecosystem is supported by three core applications: a Wallet, an Exchange 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 anonymous. 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-assets are stored on the blockchain. Each Public Key has a corresponding Private Key, which is used to gain access to the funds stored on the account. The Private Key signs transactions using a digital signature and gives direct access to a user’s account and funds.
The Gigzi Wallet provides full functionality for managing funds stored on the blockchain. The wallet supports multiple currencies, including major cryptocurrencies, such as Bitcoin and Ethereum. Other features include transactions overview, payee management, sending and receiving of payments, conversions between different Gigzi crypto-assets, price charts and advanced security (iris recognition technology).
-Gigzi Exchange
Gigzi Exchange facilitates transactions and exchanges 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 significant feature of the Gigzi ecosystem.
Gigzi Treasury
The Gigzi Treasury application is where Gigzi Metal can 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 redeem Gigzi Metal assets, on demand, enables users to manage investments in a secure and efficient way. bank transfer Gigzi crypto-assets alternative cryptocurrency blockchain GIGZI EXCHANGE fiat money cash deposit payments to 3rd parties global network of local partners user
When redeeming Gigzi Metal, users choose the weight of precious metal cast bar 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 bars are fabricated by our partners at the mint, after which, they are safely delivered 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.
WP: https://www.gigzi.com/whitepaper.pdf
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