Singapore, January 28, 2021 – – GCGC Investments Ltd. is pleased to announce the launch of its Global mining initiative using blockchain technology and DeFi (decentralized finance) architecture. This combines the centuries-old mining industry with emerging technologies into a decentralized financial ecosystem designed to disrupt financial intermediaries.
“The global system of raw materials and mineral resources is the basis for global production,” he explains Jonathan Shek, CEO of GCGC. “Advances in technology have now created an urgent need to transform the structure of the commercial and financial services systems that are connected to our manufacturing systems. At GCGC, we combine the best of economic foundations with the latest technology to create a better way to trade, access financial services and transform the mining industry. ”
Revolutionizing a $ 600 Billion Mining Industry with Blockchain Technology and Green Mining Initiatives
GCGC unlocks the latent value of gold and mineral deposits through fractionation of ownership, powered by blockchain networks that characterize gold, other resources and transaction processing.
Partnering Trident miningGCGC Mining, in which GCGC is involved, identifies and develops mines in Chile and Argentina and plans to expand mining to Zimbabwe and Indonesia.
GCGC Mining is also a leader in green mining, using bio-leaching reagents to extract gold from residues. Compared to washing out toxic substances such as cyanide and mercury, the facility can reduce its environmental impact while further increasing the value of the mines.
The GCGC Global Mining Initiative has further expansion plans to acquire other mining companies and concession rights, initiate joint ventures with large mining companies and invest in sustainable development technologies to move forward in the value chain. According to the GCGC white paper, the goal is “one of the largest mining companies in the world”.
DeFi at the center of GCGC mining, fintech and e-commerce solutions
GCGC will implement the DeFi architecture as the core of its financial ecosystem. Along with GCGC miningare the other two companies in the ecosystem Pillar financing, his fintech group and Ethical culture e-commerce (ECEC), its e-commerce arm.
GCGC tokenizes assets by developing mining facilities around the world and extracting profits to convert into gold. This is fueling a global market and creating a new financial and trading ecosystem based on a token that, if regulations allow, will be backed by gold vaults. Trading is supported by a wide range of decentralized financial services from Pillar Finance to facilitate and promote international trading.
The token-based currency can be used on a wide variety of trading and e-commerce platforms, giving it value as measured by its interchangeability with real world goods and services. ECEC creates a complete e-commerce and trade ecosystem around “Utilization Marketplaces” based on blockchain technology, with the GC $ token being the currency of choice for trade and settlements.
GCT and GC $ promote the GCGC token economy
GCT tokens are the main utility tokens in the GCGC ecosystem, and users can use GCT tokens to participate in mining, financial technology, or e-commerce activities.
GC $ tokens are the reward tokens of the GCGC ecosystem and are used as currency settlement instruments in the market. They can be used to exchange goods and services in the markets.
Currently, a GC $ token can be minted for every 100 mg of confirmed resource or for every 10 mg of Treasury Gold purchased, or for every dollar deposited into an escrow account.
Supported by a world class team
GCGC’s team is made up of world-class professionals who specialize in industries such as finance, investment banking, mining and technology, among others.
CEO Jonathan Shek, BPM, leads the GCGC Global Initiative and has extensive experience in project finance, development and management, civil engineering and venture capital in China and Southeast Asia. Mr. Shek has advised more than $ 10 billion in investment transactions in Southeast Asia and managed the construction of projects valued at more than $ 5 billion.
Founder Wee Tiong Howe Widely considered the father of financial planning, has gained national and regional recognition and success in the financial planning and insurance industries for over 40 years. As chairman of IPPFAHe has seen many novelties and monitored many changes to improve the industry.
CFO Merlina Hiu has extensive experience in global investment banking across a variety of industry groups including leveraged finance, telecommunications, media, technology and corporate finance groups. It has actively participated in corporate public offerings, mergers and acquisitions and has supported the Republic of Philippines’ US $ 1 billion government bond issue.
CEO of Trident Mining Leon Aleksander has over twenty years of precious metals, arbitrage / mining, manufacturing, and import / export experience in Latin America, Asia, and the United States. Founder and CEO of Trident’s gold trading company in Chile with gold bullion exports valued at over $ 50 million.
CTA (Chief Technology Advisor) Lim Hui Jie is the founder and executive director of Vision Group, an innovation-as-a-service technology group that implements blockchain, AI and cybersecurity technologies. He has served on the boards of 3 listed companies and successfully listed his company on the Australian Stock Exchange in 2015. It achieved a market valuation of over USD 230 million.
More information about the GCGC project can be found on the official website: https://www.gcgc.one
Cecilia Wong, yourPRstrategist.com