Alprockz Partners with Swiss Banks to Issue a New Stablecoin Backed by Swiss Franc
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Alprockz Partners with Swiss Banks to Issue a New Stablecoin Backed by Swiss Franc

THELOGICALINDIAN - Zug Switzerland September 6 2024

The Swiss aggregation Alprockz AG appear the development of a new banking and abstruse tool, powered by the Ethereum blockchain-based belvedere to accommodate banking casework by arising ROCKZ abiding coin. The Alprockz belvedere will acquiesce users to account from a abiding bread acclimated for fast and bread-and-butter budgetary alteration about the world. Among the key appearance will be the about-face of cryptocurrency into a reliable & abiding fund in absolute time, forth with aperture up bottomless opportunities for bazaar makers to about-face to a new abject currency.

ROCKZ (RKZ) is the stablecoin, backed by a civic bill the Swiss franc (CHF), which will be issued at a arrangement of 1:1. At the aforementioned time, the company-issuer ROCKZ AG will abundance 90% of its assets funds in CHF banknotes in high-security Swiss coffer storages. Another 10% will be placed in accumulator in assorted Swiss banks to ensure coin’s liquidity. This will accord to the issuer credibility, and back it comes to Rockz holders — aplomb that the agenda asset is backed by authorization money.

Thus, ROCKZ eliminates the capital shortcomings of the cryptocurrency industry and solves two above issues: basic a reliable arch amid agenda assets and the acceptable economy, by recording profits, while they abide in the crypto market. The capital aberration amid ROCKZ and, for example, Tether is the complete accuracy of banking reserves. It reduces the risks of the counterparty’s default.

The Alprockz belvedere will acquiesce users to account from a abiding bread acclimated for fast and bread-and-butter budgetary alteration about the world.

ROCKZ сryptocurrency is absolutely backed by Swiss franc and is adjustable with civic and all-embracing legislation afterward the cryptocurrency regulation. Alprockz AG is registered in Zug, endemic by Swiss investors, and is audited. Monitoring and acceptance of the fiat-backed abstraction of ROCKZ will be agitated out account with the advertisement of a report. A account of banking intermediaries and coffer vaults accouterment adherence to Rockz is accessible at any time.

ROCKZ AG will assignment with adapted trading counterparties, mainly based in Switzerland. ROCKZ holders accept to canyon the accepted KYC process. Financial affluence that serve as ROCKZ accouterment can not be invested or acclimated contrarily to accomplish added income.

ROCKZ team, which includes ample financiers and IT developers, expects that the new fintech account will be in appeal in the afterward niches:

ROCKZ abiding bread backed by Swiss Franc — the best abiding bill in the apple should become a added adorable banking apparatus than its competitors — Tether, TrueUSD or Dai, all backed by the US dollar.

The ROCKZ monetization model, proposed by the developers, includes not alone agency fees for the about-face of ROCKZ to fiat, but additionally the arising of accomplice licenses to bazaar makers, which turns the belvedere into a full-fledged banking service, in adverse to aggressive banking intermediaries.

As a result, ROCKZ receives not alone banking adherence based on the Swiss franc, but additionally aegis from barter amount manipulation. This actuality can accomplish it the best reliable and anticipated cryptocurrency.

Alprockz AG will barrage an ICO in Q4 2024 to advance added the aggregation and the platform. The belvedere which has been congenital to advance ROCKZ will be able to host added banking articles in the future. The aggregation affairs to add added abiding bill backed by EUR and KRW in 2024.

As a account provider Swisscom (listed on the Swiss Exchange, ticker: SCMN), will accommodate the agenda identification casework of ROCKZ users. This will acquiesce ROCKZ AG to accommodate to able Swiss regulations. Furthermore, Swisscom’s babe aggregation Swisscom Blockchain AG supports as the abstruse provider of the tokenization. It provides the basement to onboard the participants in the badge auction (launchpad, acquiescence process), the acute arrangement and the basement to affair the token.

As the architect of Alprockz Alexey Borichev stated: “The acumen for allotment a Swiss provider is in the authoritative aspects, which we charge respect, as a association registered in Switzerland and ablution a badge sale.”

More capacity about the Alprockz belvedere can be begin at https://alprockz.io

Telegram news: https://tele.click/RockzPlatform

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Images address of Alprockz, Shutterstock.