Beyond the realm of finance, cryptocurrency and blockchain technology development have sparked an effort to rethink the way that power and authority is embedded into the digital infrastructures that pervade our social, political, and economic lives. In the light of the cryptocurrency and blockchain technology development, is there a way to use our digital currencies in our daily lives like spending on credit cards or withdrawing money from a debit card?
WHAT IS FUZEX ?
FuzeX, is supplied with everything necessary for crypto currency. in the ecosystem is a wallet, currency exchange, credit and debit cards, as well as a token. The FuzeX card, wallet and ecosystem allows you to exchange real-time crypto currency, which means that everyone can spend their crypto currency at any time and anywhere they want.
FuzeX aims to make a revolution in ways of payment. The team takes what it learned in the process of successful development and launch of more than 30,000 Fuze cards (a smart card with a magnetic stripe that allows to build up to 30 credit, debit and bonus cards into one convenient electronic card) and adds the integration of crypto currency. FuzeX combines expertise in payment solutions and blockchain technology with technical know-how in software and hardware development.
The card is a smart device that can store up to 15 Crypto-currency, can hold up to 10 debit / credit and 5 bonus cards. There is a two-factor authorization (2FA): the PIN code on the card itself and the password in the Fuzex application are involved
FuzeX Ecosystem
The FuzeX Ecosystem provides real-time exchange between crypto and fiat currencies. This means that you can now bridge the gap between your online wallet and the one in your pocket.
- Select the crypto you want on your FuzeX Card. Then see your account balance and real-time conversion ratio in fiat currency (conventional).
- Submit your FuzeX Card to Merchant. The merchant then inserts your FuzeX Card as usual and the POS terminal sends a request to the respective Issuer.
- The publisher directly checks your account with sufficient fiat funds through the FuzeX Exchange. If there are sufficient funds, then the payment is authorized. If not, then the payment is declined
- The merchant accepts the payment authorization and the payment has been completed. You then receive a courtesy purchase summary through your FuzeX Purse.
Features of FuzeX Card
The FuzeX card has all the features of the standard Fuze card with multi-cryptocurrency integration. This card has the same size and thickness as the normal credit or debit card and can store and manage up to 30 cryptocurrency accounts.Additionally, the card also has built-in buttons for powering on/off, entering pin codes and authorizing payments. Furthermore, the card has an EPD display for viewing balances, barcodes for reward payments, a remote wipe function for clearing data, a battery life of 60 days among other awesome features. The FuzeX wallet performances as the hub to the FuzeX card by allowing users to spend, store, transfer and receive cryptocurrency tokens.
The wallet permits registration of new users, accomplishes different cryptocurrencies and their rates, sends and receives cryptocurrencies, checks account balances, exchange rates, and transaction history, secures the Fuzex wallet by only allowing registered devices and a two-factor authentication for the purposes of securing a private key management.Android and iOS applications will also be available in order to use your smartphone as a complement to the FuzeX card. You can monitor transactions, top up the security levels and will also be available some discounts/bonus to the users.
How FuzeX different from other products
FUZEX TEAM
The team behind FuzeX is one of the best available in the sector featuring an international array of blockchain specialists, marketing experts, business strategists and hardware/software developers.Led by Andrew Bae (CEO), Michael Park (CTO), Daniel Kim (CBO), James Lee (CFO) and Steven Oh (COO) Fuzex aims to take the market by storm
FuzeX token details
- Token Name : FXT
- Token Type : ERC20
- ICO Price : 1 ETH = 12000 FXT
- 1FXT = 0.0755 USD
- Hardcap : 40 000 ETH (Achieved)
- Total Tokens: 1 060 000 000 FXT
- Available for Token Sale: 636 000 000 FXT
More informations
- Website : https://fuzex.co/
- Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
- Twitter : https://twitter.com/FuzeX_co
- Facebook : https://www.facebook.com/FuzeX.co
- Telegram : https://t.me/FuzeX
Author - Hirusha Perera
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wow.. it is great
thanks
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Sounds good. thanks for sharing
most important thing is the card.i love this project
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Good one ! very informative
this is so cool because the FuzeX ecosystem can bridge the gap between your online wallet and the one in your pocket.
Hhff
Great post!!!
Future of payment system through blockchain technology.. it's really amazing to see
Nice blog
Good review.