Fuzex Exchange and Collaboration

in #blockchain6 years ago

1_3SlN9JDdlndlQxC3NNJZ0w.jpeg
The advancement in technology has taken away the lives. It is making our lives transparent, secure and decentralized imposing a number of business solutions from the smart contracts towards the network. The businesses are growing a group of people with the significance on cryptocurrency.

Most of its jobs are done through the smart contracts on the network enabling the larger number of business minted for the growth of a group of people with a significant amount of wealth tied to cryptocurrencies. This process accumulates with the real-life experience by the activities of purchasing, transferring and exchanging cryptocurrencies widely as accepted.

Fuzex is the blockchain networking organization providing cryptocurrency solution by making it easier at the fingertips. It is delivering innovative user experience solving the usability problems if cryptocurrency and introduces the Fuzex Ecosystem.

About Fuzex

Fuzex is basically about the ecosystem that has been constructed by the blockchain network and has been running through three important elements such as the Fuzex Card which is more likely to be a smart card, Fuzex Wallet which acts like a virtual wallet keeping track and records of the user’s account management with the entities of storing, spending, receiving Fuzex tokens and the last one is the Fuzex Exchange which lets the user make payment at their desired currency.

Being at the center of the worldwide cryptocurrency, it has adopted the reality of the backend platform. It has established its goal for Fuzex Exchange and it will facilitate the users to have expanse to the cryptocurrency by the Fuzex Card. This also lets the user receive fiat currencies like USD, Euro, Yen, or other local currencies.

Fuzex Exchange Transaction Flow

The entire ecosystem of Fuzex has been constructed by the Fuzex setup and transaction flow based on user network transaction flow and Fuzex Exchange transaction flow.

It is improvised as soon as the user approves the transaction their Fuzex Card with the cryptocurrency payment. The payment will be transferred to the Fuzex exchange and there it will have a grab on the multitude of reserves to the cryptocurrencies and fiat currencies. This will ultimately facilitate the transaction for payments. The Fuzex Exchange is constructed with two primary functions such as:

  • Settling the payments by the issuers while transferring. This will issue a certain amount of expenditure for the users of the stated fiat currency. This will have the reserve to the fiat currency.

  • This will sell the excessive amount of cryptocurrencies and will accumulate those in order to partner the exchanges with others.

Solutions

fuzex-696x449.jpg

The Fuzex Exchange is bringing development to the solutions for the market according to the usability of cryptocurrency. It has made up the first partnership with the existing exchanges with the issuers and gives the flexibility to exchange partners if they want. The smart card of Fuzex is already offering some unique solution for the adoption and increase in the user bonus through the streamlines of cryptocurrency.

This will make the system easy as the issuers can provide the card with an access to the expansion to the billion dollar industry. The entire process of development has been well maintained by the Fuzex and it will ultimately generate their own centralized Fuzex Exchange.

To maintain the balance to the reserve of cryptocurrency and fiat currency, the exchange may receive the partnerships having a reserve to the funds and Fuzex will take advantage of it to grow and move forward seamlessly.

Website: https://fuzex.co/
Telegram : https://t.me/FuzeX
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf

Sort:  

Congratulations @poornafaruk! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.029
BTC 60943.34
ETH 3387.52
USDT 1.00
SBD 2.57