The main problem of today’s crypto industry is the absence of a solid connection with the real economy. Crypto markets are very easy to enter, but exiting market is associated with costs, risks and difficulties. These days many teams are trying to develop stable cryptocurrencies to facilitate global adoption and avoid risks that are mentioned above.
Tether is the best-known solution to this problem. Rapid growth and over $2bn market capitalization shows massive demand for such stable coins. However, Tether and other similar asset-backed coins have many flaws that ROCKZ does not have.
It’s time to create a truly reliable and stable cryptocurrency that will become a solid bridge between the traditional and digital economies. That’s the reason we created ROCKZ.
Solution ROCKZ addresses a major shortcoming of the cryptosphere: the lack of a trustworthy anchor in the traditional economy - a way to book profits while still staying in crypto; a way to address counterparty, security, and market risks.
Institutional investors, such as funds, insurance companies or pension funds, are willing to enter this new asset class, which is decorrelated from traditional investments. But to penetrate this new asset class they need a point of reference, a safe harbour, a reserve coin.
What Is ROCKZ
A purpose of the ROCKZ platform is to issue a stable ROCKZ token (RKZ), backed by the Swiss Franc (CHF), which will allow cryptocurrency community to get a reliable and legal tool for buying and selling goods and services, as well as fixing market profits.
Service providers and individuals who wish to receive payments in encrypted currencies for their work and services in general, but are unwilling to take the market risk related to the major currencies, will be a definitive solution to the terror between the markets with the Rockz platform solutions will be useful and convenient for miners who will be able to regularly convert their mined encryption assets into rockz, which will decrease their market risk and allow them to transfer authorization whenever they need to cover rockz costs as a tool to insure profit on rockz platform is stable and practically predictable, being permanently backed by decree and has no unnecessary risk of counterparty, market or security this makes rockz a reliable tool for a wide range of investors willing to set their profit and keep it at rockz for times Using rockz as a method of risk diversification the token rockz does not fluctuate because of its direct link to the Swiss franc so that professional investors can use rockz to diversify their risk portfolios during periods of high volatility makes the token a utility of high added value with rockz as form the payment
as the value of rockz is stable, it can be used for regular payments as simply as fiduciary money. This is an easy, safe and quick way to receive or pay for goods or services using token rockz as a method for digital exchange in traditional assets such as rockz is 100% guaranteed by Swiss Francs, currency holders can be assured that an equivalent fiduciary value is always ready to be transferred to their bank accounts worldwide with this is a safe and convenient method of swapping digital assets by decree makes the same unique and highly liquid rockz as a bridge to regular financial systems as rockz keepers usually want to keep their wealth in encrypted currencies but they may still have some need for their assets to be in the regular financial system to give everyone a relief in this case, may request that Rockz AG issue guarantees in favor of financial institutions against the pledge of their holdings in rockz this allows the holders of rockz to get credit and confidence in the classic banking world automatic and intuitive so their confidence in the ecosystem Rockz another form of use would be to use the token rockz as a guarantee because of the resource cash equivalent of rockz, coin holders can use rockz as a guaranty to invest in the world of encryption and vice versa, rockz will be accepted as an equivalent cash guarantee for encryption exchanges for more information read white paper for more details visit for more information.
For Information
Website: https://alprockz.io/
Whitepaper: https://s3.eu-central-1.amazonaws.com/alprockz-docs/RockzWhitePaperEnglish_v4.pdf
Facebook: https://www.facebook.com/RockzPlatform/
Twitter: https://twitter.com/RockzPlatform
Telegram: https://tele.click/ROCKZchat
Author: LucY!
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