Gigzi is a financial system that addresses three principal challenges of cryptocurrency: hyper-volatility, account vulnerability and wealth diminishment. By harnessing the relative constancy of precious metals, Gigzi protects users against the unpredictability of market fluctuations. Introducing a reliable standard of measure, enabling commerce in tokenised precious metals. Gigzi utilises impenetrable iris recognition technology for account access control, through an exclusive partnership with the world leading biometric security company. Gigzi will enable users to protect private keys and instead gain access with the unique configuration of their iris. By backing crypto-assets with pure, unfabricated precious metals that are redeemable on demand. Metal is sourced exclusively from a world-renowned mint with all investments guaranteed under law. Gigzi prevents wealth diminishment.
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 decentralized 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 unrivaled 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 formalization of the 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 decentralized financial system; empowering users through financial independence and security.
The Idea and the Team
From the realisation of what distributed ledger technology can do and a
great passion for decentralisation, Gigzi was born and the team was
Research and Feasibility
Analysing market conditions and assessing the feasibility of launching a
commercially viable solution using distributed ledger technology.
System Architecture Design
The initial system architecture was drafted and validated.
Smart Contract Development, Application Design & Legal Structuring
The Smart Contract is developed incorporating the rules and regulations of
the systems including fees, values and other important functions. The
outline design of the applications is completed.
Gigzi S. A. Company Registration
Gigzi registered in Belize as an International business.
Iritech Partnership Signed
Partnership signed between Gigzi and IriTech to develop biometric security
for blockchain applications.
Smart Contract Audit By Ethereum Development Community
Security audit completed, following which the findings amd key points of
feedback were incorporated into the solution.
Smart Contract Deployment and Crowd Sale
Gigzi website goes live, followed by deployment of the Smart Contract and
the crowd sale.
Beta Testing And Launch Of Treasury And Wallet Applications Including Biometric Security
Launch of the Treasury application enabling the purchase and redeeming of
Gigzi Metal. Launch of the Wallet application including 1st generation Gigzi
Iris biometric security options.