ROCKZ: BRINGING STABILITY AND SECURITY TO THE CRYPTO MARKET

in stablecoin •  6 years ago 

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INTRODUCTION
The world of blockchain technology has really improved since the introduction of bitcoin in 2009, most people especially those who are not familiar with the world of cryptocurrencies may easily mistaken bitcoin for blockchain technology. As a matter of clarification, blockchain technology goes beyond just bitcoin and the other popular cryptocurrencies such as ethereum, litecoin, bitcoin cash, ripple etc. In plain words, blockchain technology simply encompasses the technological blocks or network on which the cryptocurrencies operates. Hence without this amazing technology, transactions with cryptocurrencies cannot occur. Blockchain technology was developed to provide solutions to the many challenges facing humans across the globe.
Despite the growing interest of individuals in the world of cryptocurrencies, people are faced with the challenge of taking risks while investing in the crypto world. This is largely due to the volatility of most of the coins on the market.

THE INITIATIVE BY ROCKZ
ROCKZ is a blockchain based project that aims to provide a more stable cryptocurrency for the market. Due to the high instability on the crypto market, many investors have lost huge sums of money in the process instead of expecting good returns as profits on their holdings in cryptocurrencies. It is the hope of the developers of ROCKZ to provide a more secure cryptocurrency for the market and also reduce the risks involved in investing in the world of cryptocurrencies. Many individuals and companies are willing to join the crypto market but they are always doubtful about achieving success on their investment due to the volatility on the market and this has always stifle the mass adoption of crypto across the globe. It is the hope of ROCKZ to provide solution to this respect.
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THE PURPOSE OF THE PROJECT
As the name of the project suggest, ROCKZ hence it can easily be compared to solid rock. To make this vision a reality, the project would create s very rigid and reliable model
ensures
that ROCKZ is definitely backed by the stable Swiss Francs reserve and thus claims can also be enforced with ease. Swiss Franc is the best currency to be associated in any day since investors are assured of being protected from unseen inflation and devaluation. Over the years, despite the various global financial crisis, the Swiss Franc has always been relative stable compared to the other popular currencies in the world.
In order to provide a more stable cryptocurrency to compete on the e-commerce space, the ROCKZ platform would not replace debit or credit system of payments such as VISA or MasterCard but would provide similar functions that offers users favourable conditions. The ROCKZ platform seeks to provide an avenue to give better services than all these payment methods.
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CONCLUSION
The introduction of a real stable cryptocurrency on the market would certainly attract more newbies to invest in the cryptosphere since the high volatility scares most people away. ROCKZ is one of the safest way to store their
earnings or money invested in cryptocurrency. ROCKZ provides the perfect opportunity to keep the capital of investors very safe. This is particularly important for countries where there is high inflation rates and currencies easily lose their value.

Get more details on the project through the links below:

WEBSITE
WHITEPAPER
TELEGRAM
TWITTER

PROOF OF AUTHORSHIP
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2511518

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Great article with comprehensive information. The world of cryptocurrencies needs more stable coins to increase people's interest in the crypto market.

Exactly, that is what we need as crypto enthusiasts

Very feasible project that can certainly produce a stable coin.The team behind the project certainly have a vision and I can only wish them the best of luck in their endeavour.