Gigzi's financial system or precious metals on Blockchain

The value of precious metals in the global market has an important role in the economy of any country. In this article, we will consider three base metals:

• Platinum 

• Gold 

• Silver 

They can be used as an investment to increase your capital.  

Previously, you could buy a bullion in a bank and sell it at your discretion. For example: sell to a bank; give it to someone; remake it into jewelry. 

You can keep your jewelry in bank cells, or in any other place. The most profitable and common method was deposit in bank metals, receiving percentage.  

Each bullion must have a standard form of an inscription indicating the weight, sample, serial number and stamp of the manufacturer. The serial number can be put on the reverse side of it, if its weight does not exceed 50 grams. 

Thanks to the development of new technologies, we have no need to visit banks to carry out different transfers, financial transactions and buy expensive metals.      

I want to introduce you the financial system Gigzi, which will allow its customers to have independent management of their assets, ensuring stability and security, as well as wealth protection with the help of the latest Blockchain technology. 

In the financial services industry, this technology (Blockchain) has shown itself from the good side. The first point is that transfer transactions occur quickly. The second one - is the minimum cost of financial transactions. 

Gigzi offers its users to invest their money in four crypto assets. They are unique in themselves, but at the same time complement each other in this Gigzi economic system: 

• GZB - Black 

• GZP - Platinum 

• GZG - Metal Gold 

• GZS - Metal Silver   

After tokenization, the ratio of crypto active and gram of precious metal will be one to one. 

 

The Perth Mint in Western Australia is a recognized and world famous organization. We purchase precious raw metals with a guarantee of a public institution and a purity of 99.99% from there. 

If the client of this project wants to redeem any of the metals (Gigzi Metal), then the bullion will be made with the inscriptions corresponding to the standard and will be safely delivered to the destination point. 

The localized Gigzi burse rationalizes the exchange of crypto fiat thanks to a convenient local process. Due to cooperation with local partners, customers have a unique opportunity to avoid unnecessary costs associated with international transfers.

 Gigzi is a system that prevents sudden and high price changes in the market, as the cost of the precious metal is attached to a crypto asset. This gives confidence in the stability of the price of your asset. With this crypto asset, investors can hedge their positions to protect their capital Gigzi Metal - Gigzi Platinum (GZP), Gigzi Gold (GZG) and Gigzi Silver (GZS).  

All holders of tokens (GZB) on their balance receive a generous reward in proportion to the number of crypto active assets and the number of days, as evidenced by the payout indicator for the current 90-day cycle. 

The fund for rewardis formed from the share of transaction fees generated in the network for 60%. The basis of the Gigzi computer network is the Ethereum Blockchain with the ERC20 standard in which Smart Contract is the primary code. 

The advantages of precious metals over fiat money or other worth have always been and will be, but how to use it to increase your capital is up to you. In my opinion, the proposal of Gigzi should be studied. I have described only a small part of this project, so you will find more detailed information below. 

      

Website:    https://www.gigzi.com/  

Whitepaper:  https://gigzi.com/whitepaper.pdf  

ANN / Bounty:  https://bitcointalk.org/index.php?topic=5047392.0

 AUTHOR:     

My Bitcointalk username: vseti_vse     

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