GIBX Defi -the next era of foreign exchange

October 3, 2021 by No Comments

What is GIBX Defi?

GIBXchange is an international comprehensive Internet brokerage under GIB Global Investment Bank & Capital Trust. It is affiliated with AFF Financial Holdings Group. It provides more than 200+ trading products such as foreign exchange, futures, currency, digital currency, etc., so that customers can invest in multiple categories of financial products through one account makes it truly possible to invest in the world with one click.

“DeFi” in French means “challenge”. There are certainly challenges to overcome, but it is quite similar to when all great technologies (electricity, internet, social networks) first appeared.

In the well-known traditional financial system, “centralized custody” is the core operating model of financial institutions. In all financial activities, there is always a financial institution such as GIBX Defi, that plays a role. The obvious shortcoming is that once there is a problem with the intermediary, the interests of users are likely to be damaged, such as server downtime, trader operation errors, bank failures, and exchanges running off.

GIBX Defi is the opposite. Its core is the “decentralized finance” of the blockchain, and there is no financial system of “intermediary institutions”. Smart contracts replace the functions of intermediary agencies. Users only need to use digital currency wallets to realize peer-to-peer digital currency transfers, mortgage digital currency can automatically carry out loans and repayments, when trading in DEX (Decentralized Exchange, decentralized exchange), GIBX Defi cannot be controlled by exchanges. Therefore, users have complete control of their private keys, digital assets, etc. This not only greatly reduces costs and improves efficiency, but also combines public and private key systems and smart contracts to achieve complete control of personal assets, and to a certain extent eliminates risks caused by external factors. Since GIBX Defi transactions take place more directly on both sides of the transaction, the design of transaction details between them can be more detailed and diversified, which allows people’s financial needs to be more fully satisfied. The team claimed that GIBX Defi has formed a more diversified business model than the traditional financial system, giving the financial market more room for innovation, realizing a faster value flow rate, a larger flow range, and a more penetrating risk assessment method.

Moreover, GIBXchange will converge the two hot areas. By seizing the opportunity and introducing top resources, GIBXchange will create millions of times the value! And its world’s first foreign exchange hedge fund under the GIBX Defi decentralized financial concept model, providing foreign exchange, futures, currency, digital currency and other 200+K trading products, allowing customers to invest in as many types of financial products as possible through one account, truly a one-click investment in the world.

At the same time, GIBXchange has complete functions, covering all trading terminals: Web, Android, and iOS. Excellent trading experience covers the trading habits of different users. GIBX Defi continues to lead the development of the industry with reliable market data, advanced decision-making tools, advanced order execution software, and customer support that understands the needs of traders. In addition, GIBX has also developed embedded GIBX Defi technology and immutable smart contract features and has become a strategic partner with partners with huge global strength and the world’s top mobile suppliers. Moreover, all the trading and profit records of GIBX’s trading team are at a glance.

Why is it decentralized in GIBX Defi?

Usually, the public has a wide range of misunderstandings about the concept of decentralization. For example, it is sometimes said that the reason why encrypted networks advocate decentralization is to resist government censorship or because of liberal political views. However, this is not the main reason why decentralization is so important in GIBX Defi.

Let us first look at the problem of centralized platforms. Such platforms follow a predictable life cycle. In the beginning, Internet startups will try their best to attract users and third-party personnel, such as developers, companies, and media organizations, in this way to make their services more valuable, because the definition of “platform” is a multilateral network effect system. In the figure below, as the S-curve continues to rise due to the expansion of the platform’s influence, the control of these platforms over users and third parties has also grown steadily.

When the influence of Internet startups reaches the top of the S curve, their relationship with media, developers and other participants will change from a positive sum to a zero sum. The easiest way for a company to continue to appreciate is to collect data from users and compete with competitors for potential users and profits. There have been many such precedents in history, such as Microsoft and Netscape, Google and Yelp, Facebook and Zynga, and Twitter and its third-party clients. Operating systems such as iOS and Android perform well. Although the use of certain Apps still requires a 30% tax fee, the app store has the right to remove some third-party apps and has absolute say in supervision.

Advantages of decentralization in GIBX Defi

Whether decentralized or centralized systems in GIBX Defi will win the next era of the Internet can be boiled down to who will build the most attractive products, or in simple terms, who can get more high-quality developers and entrepreneurs. The four GAFA companies have many advantages, including cash reserves, a huge user base and operating infrastructure. Encrypted networks are more attractive to developers and entrepreneurs in terms of value propositions. If the encrypted network can win the favor of developers and entrepreneurs, they will mobilize more resources than GAFA and quickly surpass GAFA in product development.

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