Decentralised finance, or cryptocurrency, is able to bridge the financial inclusion gap. DeFi allows users to transact securely and without borders between each other around the globe, removing a significant hindrance from centralized systems that have existed since their creation.

However, while secure, trustless, borderless transactions are essential for financial inclusion, they don’t guarantee access to everyone, especially not to those who are not intrinsically crypto savvy.

This is due to the fact that most DeFi projects are not paying attention to this market. The vast majority of the decentralized application (dApps) are very difficult to manage, at least for people with limited knowledge about the crypto ecosystem.

For instance, not everyone understands what the terms yield farming, spot trading, or futures represent, and that’s to mention only a few. These are only a few of the many features found on decentralized exchanges (DEXes). It is possible for a user who doesn’t know much about cryptography to have difficulty navigating the system.

With the GCR’s mainnet launch, this significant limitation will soon be lifted. Alexander de St. Amatus (marketing executive, GCR network) shared his thoughts with DailyCoin about how the blockchain project could be beneficial, particularly to partners and users who don’t have crypto-specific knowledge.

For those unfamiliar with the GCR network, the primary purpose of building its own mainnet, according to the project’s founder, is to create a common ground between the traditional business world and the blockchain ecosystem as a whole.

Briefly, before we go on to uncover some of Alexander’s insights about the blockchain project, it is important to establish some of the unique attributes of the GCR network.

GCR Network provides enterprises-grade solutions through a combination of a multipurpose network system and hybrid chain system. It is notable that the Network allows for seamless onboarding of both institutional investors, and non-cryptosavvy general partners.

The GCR network can be further segmented into the GCR digital assets alliance and Network. GCR Digital Asset Alliance has a similar nature to traditional internet banking platforms. It doubles as an exchange platform but can also be used by individual users for all other trading activities.

On the other hand, the GCR Network doubles as a host blockchain for corporate institutions and “tech heads” with existing business models who are seeking to tokenize their asset portfolios, supply chains, and more. How does GCR mainnet approach the less crypto-savvy portion of the globe?

“GCR Mainnet will Cater for the non-crypto savvy part of the world”
A large portion of the global population is still hesitant about participating in crypto-assets, even though there have been huge adoptions of them, particularly in 2021. This may be due to their perception of how complex it can be.

The new mainnet was launched with the additional goal of allowing users to interact with crypto assets and access the sector.

“We are catering for the non-crypto savvy part of the world, especially as our solution creates a gateway for them to access and interact with various crypto asset. In addition to creating a gateway system, we are also ensuring that new users are onboarded to a very regulated and safe environment, unlike the majority of other DEX projects out there,”
St. Amatus was noted.

In addition to hosting a blockchain, the GCR mainnet also has a cryptocurrency exchange. This is very similar to traditional internet banking platforms. The GCR Alliance platform removes the complexity of traditional DEX platforms and provides an easier-to-navigate option.

“So our GCR Alliance platform, which is the exchange that’s linked to our website, resembles far more an internet banking application than a crypto exchange. This eliminates all buy, sell and futures. Instead, we simply allow for flash conversions and we allow for very easy entries and exits into the platform,”
Alexander explained.

Flash conversion facilitates secure and easy interaction with crypto and fiat assets
One of the key features of the GCR Alliance platform is the ‘flash conversion’ which helps facilitate the exchange of crypto assets, as well as interactions between crypto and fiat currencies. This feature allows traders to easily enter and exit, which is not possible with most other options on the market.

In his words, “the exchange site is intentionally made to look like an internet banking application rather than some sort of a crypto exchange.”

Users will have access to many crypto assets and be able interact directly with them by trading on GCR. Interestingly, a user can gain up to 14% APY on the network’s native asset, $GCR, even when trading against other volatile tokens available within the network.

GCR Network will help multimillion-dollar enterprises to enter the crypto space
The GCR Alliance targets individual traders not familiar with crypto trading. However, the new mainnet (also known as the GCR Network) is designed to help multimillion-dollar enterprises who are interested in entering the cryptocurrency space. Specifically, the GCR network, which also operates as a host blockchain, is designed to cater to the “tech heads” that are planning to build their own tokens.

This collaboration will allow us to help these people, as well as guide them along the way. We want to make sure their investments are put to good and safe use. Alexander says that there is a problem with the existing infrastructure. He also believes most companies don’t understand blockchain and crypto, but they continue funding projects anyway, leading to more catastrophic results.

“They don’t understand the crypto business, but they want to fundraise. And they end up creating, you know, tokens in order to basically fundraise and then figure out how to build a company later,”
Alexander noted.

GCR Network, however, caters for the opposite. It primarily focuses on businesses that have established business models, supply chain, assets and other relevant information. The network is primarily focused on large-scale enterprises that are looking to get into the blockchain space.

GCR provides a simple-to-navigate platform to such companies and also makes it possible for them to create a safe environment that allows partners to venture into crypto without fear.

“Our network allows for a variety of features that makes us easier on them. Easy to regulate and adapt the laws in their respective jurisdictions. These changes can be modified at will. Their tokens, they can have a very dynamic environment in which they can regulate their own assets,”
Alexander explained.

GCR is structured in a manner that does not allow network fees to explode in proportion. This is unlike other network’s whose native tokens have increased by 10x, 1000x or more.

“We’re the first network in the world to have a stable coin at the center of the network. The network’s center is $GCR. Up to now $GCR had been on both the Binance and Ethereum Smart Chain networks. However, owing to the latest update, it now sits on our own mainnet as well,”
Alexander concluded.

GCR, which is unlike any other blockchain network, offers a comfort level that allows both businesses and individuals to use the blockchain.

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