Cryptocurrencies as well as blockchain technology is trending now. With the introduction of cryptocurrencies, people have experienced tremendous benefits including making huge profits, enjoying faster transactions etc. Irrespective of these benefits, investors face some major problems which can shake the future of crypt investment. In the event where investors will like to make huge profits and avoid losses, they will have to convert their cryptocurrencies into fiat. In addition, converting crypt into fiat or using crypto for payments takes a lot of time. Furthermore, storing coins on exchanges (decentralized ones in particular) does not ensure safety. There have been cases of hacking these exchanges and many people lost their investment forever.
ROCKZ is the solution to all these problems. We will provide a coin that will ensure security, stability and constant stay with the crypto space. ROCKZ ensures that crypto holders can change their cryptocurrencies to ROCKZ which ensures that up to 90℅ of its reserves is held in Swiss Francs to ensure security of tokens. These monies are stored in high security vaults. This will also ensure that investors will not have to leave crypto space if they are losing a lot of money. Rockz is reliable and backed by law. It also ensures that there are minimum risks when one invests in crypto by backing the coin with one of the stable ones.
Swiss France (CHF) is the currency of choice because Switzerland is providing tremendous benefit to the development of crypto and also ensures protection against deviation and inflation. Their financial centre can be compared to that of Britain as well as Japan. Both CHF and Bitcoin have experienced similar growth when compared to the USD.
We have seen that the love for stable coins is tremendous for example; Tether has a trading volume of 2.9 billion daily. However, this coin together with other asset backed coins has certain disadvantages that Rockz can overcome.
Rockz is backed by the strongest currency in the world. We also ensure transparency by auditing the reserve coins. Holders will not have to fear losing their tokens when these banks go bankrupt because even if that happens, investors can still get access to their investment.
Rockz can be useful for e-commerce, investment and Monet transfers. Most e-commerce companies avoid using crypto due to its volatility but since Rockz is not volatile, it can compete with the existing traditional services. Trading is now in two folds; trading against Bitcoin and against fiat currency. In both scenarios, a stable club is needed and Rockz fits description perfectly. In the area of ICO's, most projects are not able to raise the required amount of money needed to start their project hence these projects fail. Rockz will ensure that ICO funds are stable. P2P money transfers also have huge amount of money charged as fees and transactions occur at a much slower rate. Rockz ensures that crypto is transfered into fiat and deposited in the user's bank account directly.
There are two tokens to be used on the platform are Aiprockz (APZ) and Rockz tokens (RKZ) can be used by early crypto adopters, crypto traders, private investors, institutional crypto investors, merchants etc.
In conclusion, Rockz is the currency of choice to ensure stability, transparency and safety in crypto investments. It will also ensure smooth transition of crypto into bank investments.
You can read more about this project through the following link:
Website: https://alprockz.io/
Whitepaper:https://s3.eu-central-1.amazonaws.com/alprockz-docs/RockzWhitePaperEnglish_v2.pdf
Telegram : https://tele.click/ROCKZchat
Authorship
https://bitcointalk.org/index.php?action=profile;u=2067551
A cryptocurrency backed by physical assets is definitely a great initiative. It will ensure all coins are stable.