GSB Gold Standard Banking Corporation AG | G999: Josip Heit and the GSB Gold Standard

GSB Gold Standard Banking Corporation AG (GSB), one of Germany’s leading software, IT and block chain groups, has launched an unprecedented technology that makes transactions of crypto currencies much easier and above all much faster. Crypto currency, also called crypto money, is a digital means of payment based on cryptographic tools such as block chains and digital signatures. As a payment system they are independent, distributed and secure. GSB is one of the world market leaders in this field for highly developed software trading modules, platforms and signal/data streaming for the financial industry.

Josip Heit

Only recently, Josip Heit, Chairman of the GSB Board of Directors, together with his team of international software and hardware developers, presented “G999”, a unique electronic money system, at a glamorous opening ceremony in Monte-Carlo, in the presence of a large contingent of international press, Card device and apps for telecommunications and messengers in one, inspired by the deflationary token economic model, which allows fast payments, micro-charges and a variety of other options, including a communications network that guarantees customers absolute privacy, which will be impossible to decipher with today’s technology.

“Enjoy the great future of the digital age,” announced GSB’s CEO, introducing Alexandru Cocindau, Chief Technical Officer (CTO, Technical Director) of the GSB Group, who chairs the internal Group Development Group. G999 is based on the idea that block chain technology must ensure compliance with environmental regulations, in particular the promotion of energy saving. At the same time, it meets the current need to manage personal data in a completely secure and risk-free space, away from the mainstream web network through a decentralised data centre.

G999 enables tokens (Tokens are basic building blocks for operations with cryptographic values: Only those who have a valid token are allowed to execute a transaction on the associated block chain) to store, trade and use tokens almost simultaneously in a wide ecosystem without being dependent on intermediaries such as banks or payment processors. In addition, for the first time it offers wallet communication, a spam hacker-free e-mail service and a voice & chat system that is fully integrated into the platform. The way this system works is likely to make it impossible for decades to eavesdrop on or intercept, among other communication channels, making this system more than just system relevant.

“Our block chain ecosystem is open-source and based on computer technology, which allows anyone to develop their new or established business according to a proof of stack model (Proof of Stake is a process by which a block chain network reaches a consensus on which participant may generate the next block),” emphasised the CEO of the Hamburg-based GSB Group. A targeted academy has also been created, which regularly supports each user in all steps with texts and technical…