The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange. Their purpose is to create a global listing in token sales springboard and a high-quality digital asset exchange. They aim at developing a blockchain-based listing and trading token sales platform where they focus on being the world’s first stock exchange for tokenised securities.
Website: https://www.globitexico.com/
The Core components
Their ecosystem consists of the GBX (Gibraltar Stock Exchange ) Market, the GSX Tokenised Securities Exchange, fund services, corporate services, business solutions and digital e-money institution.
The GBX market is fully integrated with consolidated website. It has user sign on for the digital asset exchange for utility tokens. They will create a rule based system to establish ancillary services and a network on users.
The core components of token sale platform include performance tracking, buyer deposits and withdrawals where fiat currencies can be deposited and withdrawn. Another key component include buyer segmentation based on attributes such as jurisdiction or profession. The ecosystem also has high security installed which derives the benefits from the blockchain technology .
The GSX Tokenised Securities Exchange is the record-keeping functionality of the ecosystem which is a transparent and highly secure ledger where token holders are registered under, during the process of trading. This facilitates the minimal involvement of intermediaries and the high cost that usually comes with this market. Here, traders can build investment portfolios as well.
Website: https://www.globitexico.com/
The GBX Ecosystem
The GBX Ecosystem is created on the basis of three major parts, namely Exchange Division, Services Division, E-Money Division
The exchange division takes care of all the token exchange aspects of the portal. The Services Division includes Juno Services which handles the various aspects administration, corporate services to the GBX Ecosystem, back office support to the exchange, services and e-money divisions.
The E -Money Division in the digital division of the ecosystem, which ensures that there is smooth and uninterrupted flow of business transactions. They facilitate currency exchange, peer-to-peer payments and peer–to-business payments for fiat and digital assets. They are strictly regulated by the GFSC regulators.
In the Fintech ecosystem, companies like Gnosis and Wavecrest are using Gibraltar as the platform for performing business. Hence, they are on the quest to merge as the global Fintech Hub to create Fintech synergies and integration between GBX, GSX and members of the GBX Ecosystem
ICO details
The token is named Rock Token and is denoted by (RKT). It is a ERC-20 compliant token, which means that members can use it as their preferred mode of exchange.
These tokens are issued by GBX and will be used primarily as a medium of exchange on the platform and will also be used for early access to designated token sales, listing and sponsorship fees, as grants from the Blockchain Initiative Center. The Minimum sale target is fixed at USD $10,000,000 and the cost of 1 RKT= USD $0.10. The token sale is begin during February 2018.
Conclusion
Gibraltar is currently seeing an overwhelming response from the public since its inception. They have a creative team of specialists who are working in tandem to lay the foundation of the trading cryptocurrency market which is making their vision a reality.
For more details visit
Globitex main ICO Website: https://www.globitexico.com/
Official twitter page: https://twitter.com/globitex_
Official Facebook page: https://www.facebook.com/globitex/
Telegram channel for instant and online help: https://t.me/globitex
Globitex WhitePaper are here: https://www.globitexico.com/#whitePaper
Written by:karanj
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