GBX: The Token and Digital Asset Exchange Based on the Blockchain Technology

in ico •  7 years ago 

Introduction

Change is the only permanent thing in the world. Everything changes for good and it takes time for people to adapt and adopt the change in their life and work. When Industrial Revolution took place, people protested that machines will take over their jobs and they would no longer be required on the earth. The fear of change is always present in the mind of people but change is inevitable. And, today many fear that automation and robots will wipe out the workforce leaving people jobless. But, People adopt change, no matter how painful it is.

If we have to develop, change has to be accepted as a true friend of humanity which always works for our own good. A more recent example would be the internet, which literally changed the fundamental nature of how the business and work are conducted. People could never have imagined the world of the Internet. Today, we are again at the crossroads of technology innovation, which has potential to change the fundamental nature of the business and work. But, it will take time and effort.

The centralised banks and stock exchanges which have been ruling the financial world of our life for years will no longer be required if we adopt the blockchain technology. They have multiple flaws which until now, we thought was part of the system which cannot be changed. Their approach towards the market and consumers is only dependent on the profits they are able to generate. Many countries are already accepting the change and coming in terms to the Blockchain technology.

Private financial firms are leading the charge with the development of private blockchain to bring change in their database and account system. They will do anything if the solution offered is cost-effective and optimal. So, today the time has come to ask the companies that, will they adopt change and create an application to improve their business portfolio.

Solution offered

GBX is offering something which will bring mainstream adoption of the Blockchain technology. They are creating world's first licensed Token sales platform and digital asset exchange. They will obtain a license from the Gibraltar Financial service commission. They are creating a stock exchange where anyone can launch their token and get listed on the tokenised asset exchange. The Gibraltar Block Exchange will follow all the rules and regulations to offer a transparent and efficient platform to the companies. The Rock Token will be the medium of exchange on the platform for the exchange of the digital assets.

They believe that it will help the companies in creating a similar financial product range as in the traditional financial market. The range of services offered by the platform are the GBX market, the GBX tokenised Security exchange, fund service, corporate services and business solutions. The GBX aims to become the next destination for every business who wishes to utilise the potential of the Blockchain technology. Creating an ecosystem of digital asset exchange will allow people to operate in the transparent and secure manner.

ICO INFORMATION & TEAM

They have worked hard to create the solutions for the current market and for completing the development of the variety of services, they need the support of the people. They are conducting an ICO, which will offer people to be part of the process. A total of 900,000,000 RKT tokens are created for the project.

The exact dates for the ICO are not yet announced but the end of February is projected to be the date of the Token Crowdsale. 35.4% of the total tokens will be available for the public sale. The RKT token is an ERC-20 standard. 40% of the funds collected will be utilised for the technology development while 15% will be used for the marketing of the platform. The team behind the platform is the group of experienced professionals who have years of work experience in the multiple domains of the industry. They are determined to complete their project.

Conclusion

The GBX is a financial startup aiming to deliver decentralisation with the help of blockchain technology. Token sales are becoming a normal routine for companies to raise funds for the project and GBX is offering a solution to help those companies. Many countries have various reasons for suspicion as it takes time and effort by everyone to adopt the latest technology. Nobody imagines the infinite potential of the internet back then when it was invented but today, we cannot imagine our life without it. People cannot adopt the technology overnight. The systematic approach can be divided into many categories where we start creating an application, which provides direct use cases to the people so that they can utilise the benefit of the latest technology.

Blockchain technology has the potential to wipe out many of the intermediaries that we have known for years and have become the permanent part of our life. It will require concrete effort from the companies to develop applications, which lets people utilise the advantages of the latest technology without much effort or change in the current system. The blockchain technology is aiming for similar fundamental innovation in the market and it will take some time before it becomes the mainstream technology. I think that what GBX is offering in its various services and product will help bring stability in the Cryptocurrency market. As we begin offering people the means to achieve the task with the help of Blockchain, they would realise the Importance of it in their life and business.

To know more visit:

Website : https://gbx.gi/

Btalk ANN: https://bitcointalk.org/index.php?topic=2684176.0

Telegram: https://t.me/GBXCommunity

Published by: Kishan748

Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561

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