Launch October 18, 2021

Sign up for your 1,000 FREE Tokens (cost$100) Launch on October 18, 2021

Earn 2000 free tokens (cost$200) for each referral https://globalcrypto.exchange/i/R0NYMTYyMTM3Njg3MA==

Earn 2,000 free tokens (worth$200) for each referral and up to 35% of the trading fees from your referrals. Abstract
Cryptocurrencies are a fast-developing asset class in the financial markets. Because of
the speed of development and innovative features, their variety amongst them and each
cryptocurrency require a special way of working with it. Most of them have their own
client and API endpoints for working with different cryptography mechanics and different
ideologies. But a common trait among this set is that one user can transfer money to
another user. However there is a problem even for the most technically savvy people -
it is not easy to manage several cryptocurrencies: one must protect their private
keys, check for vulnerabilities in different clients for saving money, etc. Also, the user
must remember the specific mechanics of different cryptocurrencies. The absence of a
hassle-free way to manage your cryptocurrencies is the main reason why their adoption
has been low amongst not technically savvy users.
This is where Global Crypto Pay (GCP) comes in. It is an all-in-one platform which
encompasses the full circle of services around cryptocurrencies. The focal point is
providing banking capabilities to crypto holders (which is still a major gap in the crypto
world) with conventional tools such as deposits, debit and credit cards, collateralized
loans and cryptocurrency wallets. On the other hand, the platform will also enable
businesses and traders via its exchange platform, offering advanced capabilities such as
asset tokenisations and Initial Exchange Offerings (IEOs). All services will be payable by
the platform’s own native token - GCX . The token will also serve as a governance tool for
the platform itself.
Glossary
Before we move to the technical details of the system, we would first like to
clarify several terms which are commonly encountered throughout this
document:
❖ GCW - Global Crypto Wallet
❖ GCPS - Global Crypto Payment System
❖ HS - Hot Storage. Storage, where a small amount of funds are kept. Used
for fast real-time transactions.
❖ HSFP - Hot Storage Fraud Policy.
❖ CS - Cold Storage. Extra-Secure storage, where the majority of the funds
are kept.
❖ SV - Supervisor. This is the PPW admin. Controls money flow.
❖ SESA - Supervisor. This is the PPW admin. Controls money flow. the
funds, even if the whole system is hacked.
❖ GCM - Global Crypto Mirroring - GCX Comfort-Security technology.
❖ GCMS - GCX Mirroring Storage. Cold storage, that stores payment
passwords and additional SESA information.
❖ PG - Payment Gateway. Service, that processes transactions.
❖ FIAT - currency without intrinsic value that has been established as
money, often by government regulation.

Posted Using LeoFinance ^Beta