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According to statistics for 2017, the world released about 13.25 billion. plastic cards, all types. The number of transactions also continues to grow, and a bank card is the preferred means of payment for residents of many countries. Every year the bank card becomes a unique multifunctional tool. It provides many options and opportunities not only for normal settlement transactions, but also provides access to a wide variety of services: insurance, lending, unique concierge services, access to dedicated areas at the airport and much much more. More recently, users have become massively using the contactless payment function, you will agree that it is very convenient and does not take much time. But there are people who have assets in the crypto currency, they get it as a salary. And of course they face a lot of inconvenience when paying for everyday goods and services, where they do not yet accept crypto currency. It is their problem problems that the FuzeX project is going to solve.
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FuzeX is an innovative payment solution that intends to solve the problem of using crypto currency in the FuzeX ecosystem. The essence is to make ordinary money and crypto currency easily interchangeable, making more crypto currency easy to spend due to integration with the FuzeX trading ecosystem.
The project is aimed at solving problems related to the use of crypto-currency in real life situations and, thus, removing barriers created by the low level of their acceptance and prejudice to their use as a means of transferring value. This became possible due to a combination of team experience in payment solutions, blocking technology and the development of software and hardware.
The project includes a FuzeX card that will support several crypto currencies and allow users to easily make daily payments using digital currencies. The card includes several credit and debit cards, as well as the ability to support many digital currencies.
It is sometimes difficult to spend crypto currency. This is due to the fact that there are restrictions in the area of their acceptance among sellers. In addition, it requires some processes of converting them into forms that are universally acceptable. This is due to the fact that the level of acceptance is still miserable because of the new nature of innovation.
Thus, coin holders sometimes face a problem, spending them on the goods and services that they want to purchase. There are times when a supplier may not even be aware of the existence or value of digital currencies that require conversion to Fiat before making purchases.
In other cases, financial institutions are known to impose restrictions on accounts associated with digital currencies, which makes it difficult for holders to perform transactions related to coins. VISA and MasterCard payment systems have also been known for the place of embargo on crypto-currencies, suspension of support, thus creating a need for platforms, not only crypto, but capable of full support for a wide range of digital assets.
Because of these problems, the process of spending digital coins is basically not simple. Many holders of these virtual assets usually convert them to Fiat before purchase, which undermines the whole process of the digital economy of tokens.
Even with the efforts made by some fiintech start-ups through the introduction of debit cards with crypto-supporting functions, the cases of their use are limited in the sense that the number of coins supported by these cards is small. This continues to hamper the wider introduction of currencies and requires the introduction of a payment platform that supports a wider range of digital coins.
FuzeX creates a secure and convenient payment solution that allows users to spend their digital assets anywhere. With the help of the Fuzex system, holders of digital assets will be able to select the desired crypto currency, check the available balance and easily conduct them with traders.
It provides a single payment solution that allows you to pay for crypto and fiat through the support of several virtual currencies in combination with traditional support for cards based on fiat. The FuzeX wallet also allows users to store, send, send and receive tokens. The platform will also support the exchange of various digital tokens along with cryptographic real-time conversions. The project is ambitious and extremely promising, everyone should look to it. Thank you for attention!
More information you can find on these links
Website: https://fuzex.co/
One-Page Pitch: https://fuzex.co/wp-content/uploads/2018/06/onepager_ENG.pdf
WhitePaper: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
YouTube: https://www.youtube.com/channel/UCKC_X1r-3yoBpVeuFcR8thQ
Medium: https://medium.com/fuzex
Reddit: https://www.reddit.com/r/fuzex/
Twitter: http://www.twitter.com/fuzex_co
Facebook: https://facebook.com/fuzex.co
BitcoinTalk Profile Link
https://bitcointalk.org/index.php?action=profile;u=1707536
ETH Address: 0x877f385c328b1e5E83CD9d2a867f361b6d892D00
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