The platform is accessed by its native token, the GCP Utility Token.
Automated escrow deals can be executed with a Tier 1 bank. Regular and external audits will ensure the underlying components of the GLX held on a 1 by 1 basis
|Currency||1 GLX||1 USD|
GLX is a stable cryptoasset that function as a store of value and a medium of exchange. The GLX payment token & multisignature escrow smart contracts will hit the Ethereum blockchain in 2018
GLX index is well diversified amongst G10, emerging currencies and gold and covers between 80% to 85% of the World Economy
Globcoin Crypto Platform launch
Regulatory framework, banks arrangements & auditors announced, IT back-end completed
Token & validation check & multisignature escrow smart contracts
First partnerships announced
GLX quoted on exchanges (subject to regulations)
GLX available on the e-wallets of the Globcoin card
New Partnerships Announced
P2P transfers in GLX, the most stable cryptoasset in the world
Opening branches in Asia, Eastern Europe and South Africa to expand global footprint for GLX and the Globcoin card
Used by Central Banks, very few people would have access to the network necessary to construct such an offering themselves. No retail bank or broker currently offers such a basket.
This system allows Globcoin to create bespoke baskets for different markets.
The Globcoin Crypto Platform will provide flexibility to investors and allows them to express a view on a country or a group of currencies, or to hedge against the weakening of others.
The first basket to be launched, corresponding to the World Reserve Currency (which we call GLX), will enable its holders to tactically switch to the most stable instrument, proven historically to be even more stable than the Swiss Franc.