Coin GID - International Currency Protected by Two Items & Secured By Blockchain



Logo5-2.jpg

As many experts suggested, invest into cryptocurrency which: 

  • Covered by real assets, which are secured and insured in vaults of reputable banks globally ; 
  • The value is free from rumours and decisions of any centralized decisions of governments; 
  • The value is always growing or stable even during hard economic times. 


GID Coin value is covered by polished diamonds and gold bullion. Two most expensive natural resources in the world.

 Image result for GID COIN

Gold and Diamond Features

  • Natural Resources
  • Limited
  • Mined
  • Owned by Big Companies.
  • Very Expensive

GID Goal

GID aims to create an international currency that:
  1. Covered by two most valuable precious goods in the world (Gold and Diamonds).
  2. Powered and secured by Blockchain.

Ways of Work

There are two ways of work for the company:
  1. Purchase the final product (from producers & miners)
  2. Arrange the whole proces (start the process from the beginning)
The economy between purchasing of final products and carrying out of all the way of raw materials to the complete product is enormous up to 5-10 times.
The major difference is time.
  • Purchasing of final product takes 1-14 days.
  • The lifetime of raw products (rough diamonds and golden dust) from mine to safehouse as certified product takes 60-90 days.
GID plans to use the funds as:
  • 30% goes for purchasing the final product.
  • 70% goes for the production.
Company has enough experience and connections in African countries to start purchasing and mining without risks.

 

What do you know about gold 
 
diamond? which I think here is the first it comes to this mind to experience the limited resources, mined and can only be owned by large companies. is that true? Yes it is very true once. Countries that are have found the natural resources (not only gold or diamonds, but oil, coal, ore and etc.) in their area automatically become miners and exporters that influence the country’s GDP. Hopefully it also affects the way of life of other citizens. here I help you by following this GIDCOIN project, because GIDCOIN itself wants to make international currency covered by two most valuable and valuable goods in the world, already backed up and secured by Blockchain. All that is clear will be processed for investors.

You will ask “Why should both?” the answer is “just as it has been explained in the saying, Never put all the eggs into one basket”. The reason there will be no stock brokers and stock buying and selling from only one company. Diversification of capital is the most important and the most important thing. the project is very professional, with 8 years experience already gained about diamond business, and 5 years in gold business. is this still lacking the experience that this project gets? at least this project already understands about where, where, for what, and what made this project already know about gold and diamond business in the world.

GIDCOIN itself has extensive connections in Africa, Russia and
also Canada. The place of work is very close to the gold miners and also the rough diamond miners
(government and private) And have connections with Belgium and Israel, diamond cutter and also have connections with gold (company / factory) refineries in Austria, UAE and Andorra.

HISTORY FACT

Why do you think US Dollar is the most effective and still the most popular currency In the world? Because in early 1900 has been treated well with its economic and marketing work.

On March 14, 1900, with the passage of the Gold Standard Law, the currency of the dollar consists of twenty-five parts and eight tenths (1.67 g) of either nine-tenths gold, as established by the thirty-five hundred-eleven from the Revised Statute of the United States, which shall become the unit value standard, and all forms of money issued or created by the United States shall be maintained at a parity of value with this standard.
Thus, the United States moved to gold standard, making gold and silver with the legitimate currency-tender of United States, and has secured the dollar as a convertible to 1.5 g (23.22 grains) of gold.
During the Great Depression occurs or decreases, each the major currencies leave the gold standard.

After the bank became clearer in early 1933, people started hoarding gold coins as a distrust of the bank, causing mistrust of paper money, the deteriorating impact of deflation and having spent much gold. The sudden surge occurred in a price of gold after Bretton’s death, The timber deal was the result of a significant decrease in the previous value of the US Dollar due to excessive inflation monetary supply through the central bank (Federal Reserve) co-ordinated banking fractional reserves under the Bretton Woods partial gold standard.

Using the Blockchain


The blockchain is a tamper-proof, encrypted database secured by cryptography that acts as an accounting ledger keeping track of digital assets. Instead of being maintained by a single server like traditional databases, blockchains are decentralized and maintained by a distributed network of computers around the world.
GID, like all blockchain technologies, uses an incentive-driven model of security. Consensus is based on choosing the block with the highest total difficulty. Miners produce blocks which the others check for validity. Among other well-formedness criteria, a block is only valid if it contains proof of work (PoW) of a given difficulty.
  • A miner receives a GID commission from each processed block. No Coins are emitted once the block is processed.
  • All the gas consumed by the execution of all the transactions in the block submitted by the winning miner is paid by the senders of each transaction.
  • You can use your computer’s central processing unit (CPU) to mine GID or arrange GPU mining.
 

Milestones

1
Q2 2018
Completed Whitepaper.
Website www.gidcoin.io.
Pre-Sale for primary investors.
First purchases.
Start of bounty campaign.
2
Q3 2018
New website.
Mobile application.
Pre-ICO (GIDE) 07.2018.
Beta version of GDP blockchain.
First full cycle production of diamonds and gold.
3
Q4 2018
ICO Campaing (GIDE) 09.2018.
Alfa version of GDP blockchain.
Exchange of GIDEs to GIDs.
Second cycle of production of diamonds and gold.
4
Q1 2019
Listing of GIDs at the exchanges.
Launch of mining via platform.
Trial immision of Revolut MC credit card.
Third cycle of production of diamonds and gold.
5
Q2 2019
Launch of the own mining site.
Launch of cutting workshop in Spain.
Launch of small refinery in Swiss.
Branches in Angola, USA, Belgium.
6
Q2 2023
GID AS A REAL PAYMENT CURRENCY
Image result for GIDcoin


GID, like all blockchain technologies, uses a stimulating security model. Consensus is based on the choice of blocks with the highest overall complexity. The miner produces another block that checks its reliability. Among other amicable criteria, the block is only valid if it contains proof of work (PoW) of the difficulties given.The miner receives a GID commission from each block that is processed. When processing blocks, coins are not removed. All gas consumed by making all transactions on the block, represented by the winner, is paid by the sender of each transaction. You can use your computer's CPU for my GID or to develop a graphics processor.


Project vision

The company has two main objectives. The first is the purchase of polished diamonds and ingots. They will regulate the processes of the miners and producers to ensure that they use less money immediately and make big profits

for more information:


Author : Husen Alikhsan 
Profile : https://bitcointalk.org/index.php?action=profile;u=2094826
ETH Wallet : 0xfc01881e3172f28585f397cf61bC06696DF8a152

Comments

Post a Comment