ROCKZ USE CASES — Alprockz Whitepaper Chapter 4

ROCKZ
2 min readNov 26, 2018

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ROCKZ AS A RESERVE CURRENCY

The initial and primary purpose of ROCKZ is to be used by any crypto investors willing to place and hold a cryptocurrency: offering stable and accessible value backed by fiat currency and eliminating any unnecessary counterparty, market or security risks. Typical users are early-stage investors in the cryptosphere who have profited from the market growth and are now looking to preserve part of their wealth.

ROCKZ AS A PIVOT CURRENCY

Professional investors, such as crypto funds, who are looking for a pivot currency they can use to diversify their risk or to temporarily exit the crypto market during times of high volatility can feel safe in ROCKZ. Due to its direct link to CHF, ROCKZ doesn’t fluctuate and thus offers a safe haven to such investors.

ROCKZ AS A TRADITIONAL STORE OF CURRENCY VALUE

By not incurring value changes, ROCKZ is stable and offers anyone willing to receive or pay for services or goods the possibility to pay with a cryptocurrency with an defined base value. It is an easy, safe and fast way to receive or pay for services or goods.

ROCKZ AS AN EXIT FROM THE CRYPTOSPHERE TO THE FINANCIAL SYSTEM

Because the ROCKZ platform doesn’t issue coins without being completely backed, coin holders can be certain that an equivalent fiat currency amount is always ready to be transferred or distributed to ROCKZ holders. It therefore allows coin holders to exit the cryptosphere at any point in time and without experiencing any liquidity or counterparty risks. Every day, ROCKZ holders can order a transfer of their holdings to their bank account or have them delivered as physical banknotes in Switzerland.

ROCKZ AS A BRIDGE TO THE FINANCIAL SYSTEM

Because ROCKZ holders are not necessarily willing to transfer their wealth outside the cryptosphere but still want to have ready access to their wealth, they can request ROCKZ to issue, against a pledge of their holdings, guarantees to financial institutions worldwide. This allows a ROCKZ holder to be recognized as a fiat currency-backed creditor for their crypto assets in the banking world.

ROCKZ AS COLLATERAL

Because of the cash-like equivalent of ROCKZ, coin holders can use it as collateral to invest in the crypto world. ROCKZ will always be accepted as a cash equivalent by exchanges.

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