FUZEX: BRINGING TOOLS WHICH WILL PROMOTE THE WIDE ADOPTION OF CRYPTOCURRENCY INTO REAL-WORLD APPLICATIONS

aaemma (35)in #ico • 6 years ago

With the correct comprehension of blockchain technology, blockchain developers can effectively actualize ventures or systems to help reform the world in ways considered fit. Blockchain technology was first presented by Bitcoin which cleared the path for digital forms of money, this was trailed by Ethereum which Introduced the utilization of smart contracts, through this, exceptional activities has come to spotlight each holding a one of a kind answer for the issues in specific platforms. Indeed, even with all these great track records about blockchain ventures, cryptographic forms of money are yet to be broadly embraced into true applications. Most blockchain ventures tried solving this issues, but yet they were limited owing to the fact they can only access a few cryptocurrencies and few merchants. Consequently, to take care of the issues acting like a boundary to the wide reception of digital forms of money into true applications led to the formation of a platform known as FUZEX.

WHAT IS FUZEX ALL ABOUT?

FuzeX is a blockchain-based platform with the point of showing a superior and more helpful approach to perform cryptocurrency related payment and in addition different payments (debit card, credit card and reward cards) safely. Inside the crypto space, to get digital forms of money is very simple, yet to spend it is very difficult inferable from the reality there is almost no current payment framework which can oblige and efficiently process such transactions. The FuzeX ecosystem is the tool which will prompt the adoption of cryptocurrency into genuine applications as it has well-built payment arrangements, presences of blockchain technology and technical know-how in programming, software and hardware improvement.

FUZEX ECOSYSTEM: THE NEEDED SOLUTION

The FuzeX platform contains the needed tools which make it conceivable to complete payment with digital currencies and other forms of payment such as debit card, credit card as well as rewards card. This is done in a more simpler and quicker way.

FuzeX Wallet: This is otherwise called the centre point or hub of the FuzeX environment which associates the FuzeX Card and account administration in this manner empowering users to invest, store, spend and in addition exchange tokens. It additionally bolsters 2FA, enables users to check the real-time exchange rate and exchange history. Moreover, if there should arise an occurrence of card robbery, lost card etc the card location can be ascertained by utilizing FuzeX Wallet application.
FuzeX Exchange: This is the core of FuzeX ecosystem which will be accustomed to bringing the wide reception of cryptocurrency into real-world uses. The objective is to make it feasible for users to spend cryptocurrencies stored on their FuzeX Card just as in the case of credit card. Furthermore, FuzeX aims to build its centralized exchange in the future, but first as a start will partner with existing exchanges.
FuzeX Card: This is a multi-cryptocurrency coordinated card which users can likewise use to interface different accounts, for example, credit card, debit card and reward cards to the FuzeX ecosystem. This connection to various account is made possible through FuzeX wallet application. Through this medium, users will have the capacity to complete payments easily with their FuzeX Card without the need to get to their phones. Furthermore, users can likewise check real-time exchange rate, carry out transactions with cryptocurrency they need through FuzeX card.

CONCLUSION

FXT is the token of the FuzeX ecosystem. It is an ERC-20 standard token based on Ethereum blockchain which can be used for payment of membership, increasing transaction limits etc.
The team behind FuzeX aims to create an ecosystem which will make it possible for users to store about 30 digital accounts as well as spending their assets based on real-time exchange rate anytime they deem fit with no difficulties.
FuzeX is a blockchain-based platform which was created so as to add the usability characteristics Bitcoin and Ethereum lacks, thus paving way for wide adoption of cryptocurrency into real-world uses.