What started as a small group interaction on the side-lines of a social get-together at Islamabad in March 2018 has come to evolve as a full-fledged business idea with solid corporate structure and blueprints of a well thought out and debated action plan for the short, medium and long term. From completion of statutory documents through issuance of Letter of Incorporation, to commencement of Guild Managed Asset Fund, everything has been like a breeze thanks to the concerted efforts of founding members of The Guild. Please read on to get an idea of what we are focussing right now
In line with the vision of its board of directors, GBC Guild has launched a program aimed at inducting promising youth with education and skills in IT, Marketing and Finance as interns (with prospects of being retained as junior executives) for its various projects. The first batch of interns is currently in selection process. The selected interns will be mentored by our team of professionals and enterpreneurs and possibly employed gainfully in various GBC projects.
A completely automated digital platform to sell, redeem and buyback digitized denominations of gold bullion backed by solid gold reserves and cash balances with the guarantee to allow redemption at the going price and/or allow physical delivery at a pre-agreed threshold (usually 1 Troy Ounce, that is, 31.103 grams). The business model envisages buying gold bullion in larger tranches, convert each tranche into digital denominations of 0.1 grams with each denomination being assigned a unique cryptographic identification, selling these denominations using smart contracts at the going spot rate against cash payments with guaranteed offer to buy-back at the going spot rate and / or allow physical delivery at an appropriate threshold in addition to allowing transfer of the existing smart contracts in real time between the system users. The project is at beta stage, fully functional at www.bitsofgold.pk.The project documentation can be accessed from the project site. The project is being tested under Security and Exchange Commission of Pakistan's Regulatory Sand Box Guideline 2019 in the first cohort commencing August 2020 although beta stage sales are already underway.
Xepto is a blockchain based peer-to-peer transactions and exchange network at its alpha stage. Xepto is the result of one and half year of collaoration between GBC Guild's Blockchain Development Team and a gloal team of developers working with one vision to develop a value token that is stable, fungible and convertible. Each xepto unit is backed by equal vaule in gold, silver, and copper and is guaranteed by the exchange peers. If you are a blockchain and crypto enthusiast you may like to access Xepto documentation from the project site www.xepto.com
GBC Guild has been the pioneer in initiating research in cryptographic hash based blockchain in pakistan. Blockchain being a disruptive and untried technology, Government of Pakistan rightfully had had a cautious approach. SECP has recently issued Regulatory Sandbox Guidelines 2019 which signals willingness on the part of the government to try out evolving innovative technologies at a measured pace in a risk free and failsafe environment which is highly appreciated.
Webpub short for "Web Publishers" is a multifaceted program that will facilitate and encourage the youth to publish their ideas, content and written work online. Webpub would also be a unique echo system with a physical premise where developers, content writers, young enterpreneurs and startups would be able to get together for meetings, seminar and symposiums. Webpub has integeral capabilities for web development, hosting services, domain registration and SEO.
Travelinfo.pk is an online travel magazine for promoting positive image of Pakistan at home and abroad by providing accurate and realtime information related to business, cultural, religious, recreational and adventure tourism in Pakistan.