FUZEX - Cryptocurrency Payments At Your Fingertips
Cryptocurrencies is one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher. Only 1% of the world’s population own cryptocurrency. Companies involved with blockchain, the technology behind cryptocurrencies and altcoins are expected to experience significant growth over the coming years. Blockchain technology can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more. The use of blockchain technology within society has been exponentially increasing since it was introduced to the world by Satoshi Nakamoto. The first use of blockchain technology was bitcoin. According to Gartner Insights, blockchain, the driving force behind the crypto market is estimated to grow in business value to $3.1 trillion by 2030. Blockchain is the fastest growing market in the world and the FXT token offers investors an opportunity to benefit from the growth in value. The age of blockchain technology is just beginning.
Before i proceed lets take a look at this short video
https://youtu.be/ppQ1RdxMESw
https://youtu.be/55q5z0FXNUo
FUZEX
Fuzex is a platform that makes users to pay anytime, anywhere using existing payment networks. Fuzex is creating an e-card, where one can store all cards (credit, debit, reward cards) in only one card. They will be also integrating cryptocurrency which can allow you to pay in real stores by using the FuzeX card.
VISION
The mission is to make all forms of currency payment (fiat, rewards and cryptocurrencies) secure, reliable and User/Merchant friendly.
BENEFITS OF THE FUZEX CARD
ANYTIME, ANYWHERE
Real-time exchange rates mean that you can spend your cryptocurrency anytime, anywhere you like.
SIMPLE
Cycle through your cyrptocurrency, debit,credit and reward accounts on the E-Paper display to select your method of payment.
CLEVER
Store up to 15 cryptocurrency accounts,10 credit or debit cards and 5 reward cards all in one clever e-card.
SECURE
Two-factor authentication,loss prevention and an on-card key code give you the peace of mind to spend securely.
THE ECOSYSTEM
The FuzeX ecosystem includes:
The FuzeX Card.
The FuzeX Wallet.
The FuzeX Exchange.
FUZEX CARD
The FuzeX Card is identical in size and thickness to a standard credit or debit card and consists of an EMV chip, a dynamic magnetic strip, an E-Paper Display (EPD), three input/option buttons, a rechargeable battery and a charging
terminal. Furthermore, the FuzeX Card pairs with the FuzeX Wallet to function as a hard wallet storage of private keys. Fragmented private keys are encrypted and stored between the FuzeX Card and FuzeX Wallet. The private keys are only accessible by unlocking the FuzeX Card (via a pin on the card) and FuzeX Wallet (via an account password).
Once users have connected their various accounts (credit, debit, rewards or cryptocurrency) to the FuzeX Ecosystem through their FuzeX Wallet app, they will be able to pay with their FuzeX Card without the trouble of having to pull out their smartphones.
Features of Fuzex card
Store, manage and use up to 30 credit, debit, reward and cryptocurrency accounts
Built-in buttons to power on/off, enter pin codes, make selections, and authorize
payments on the FuzeX Card itself
E-Paper Display (EPD) to view balances across accounts, barcodes for reward card
scans, and QR codes for blockchain addresses
EMV (IC Chip) for multi-cryptocurrency payments
Near Field Communication (NFC) for credit and debit card payments
Barcodes for reward payments
QR Code for cryptocurrency wallet addresses for P2P transfers
Bluetooth connection between FuzeX Card and FuzeX Wallet to ensure security
(Users have the additional option to securely lock the FuzeX Card when the
Bluetooth connection is disconnected)
Remote wipe technology to clear data from the FuzeX Card
Battery life between 45~60 days
Plus a sleek, slim, rechargeable portable battery bank
FUZEX WALLET
The FuzeX Wallet allows users to store, spend, receive, and transfer tokens.
Features of the Fuzet wallet
Enables registration (includes KYC) for FuzeX Ecosystem
Register and manage various cryptocurrencies
Send, receive, and exchange cryptocurrencies (cryptocurrency amount and respective fiat currency value is clearly displayed with real-time exchange rates)
Check account balances, transaction history and exchange rates
Only registered devices can access the FuzeX Wallet to ensure security
Interactive map and address of the last location that the FuzeX Card was used (prior to Bluetooth disconnection) to help users locate and retrieve their lost FuzeX Card
Android and iOS application for smart phones
Two factor authentication (PIN on FuzeX Card and password on FuzeX Wallet) for
the purposes of secure private key management.
FUZEX EXCHANGE
The FuzeX Exchange is the core mechanism bringing world-wide cryptocurrency to reality. The goal is such that users spend cryptocurrency on their FuzeX card, as they would on a regular card, and merchants receive fiat currency (USD, Euro, Yen, any local currency) as they currently do. In fact, besides, the eye-catching futuristic look of the card, merchants would not know the difference.
This is accomplished by accepting the cryptocurrencies FuzeX card users select to use in the FuzeX Exchange, then release the respective fiat currency to the merchant based on the market exchange rate. They adopt their FuzeX card to issuer standards and pay merchants in fiat currency. In doing so, they eliminate unreasonable overhead and resources required for individual cryptocurrencies to establish contracts with individual vendors for cryptocurrency payment acceptance, thus, bridging the gap between cryptocurrency payments and fiat payments.
Features of Fuzex Exchange
Hold a multitude of reserve cryptocurrencies and fiat currencies to facilitate real-time exchange (exchange rates derived from aggregated market rates) between cryptocurrencies and fiat currencies for payment transactions.
Function as a hosted wallet that is secured by 3 multi-signature security keys (User Key, Exchange Key, and Isolated Key for recovery).
Transactions execute only when 2 of the 3 security keys are deployed.
Integrate with Issuers/Legacy Payment Networks (e.g. MasterCard, Visa) to confirm sufficient fiat equivalent cryptocurrency balance in the Users’ accounts during payment authorization and releases fiat payments to Issuers
Acknowledge selected cryptocurrency for payment when the User holds the relevant button to confirm selection on their FuzeX Card
If Users lose their User Key, upon verification of identification, they can create a new account and User Key. FuzeX can then transfer the balance from their previous account to a new account using a combination of the Exchange Key and Isolated Key.
FUZEX PLATFORM
TOKEN DISTRIBUTION
FUND ALLOCATION
ROADMAP
THE GREAT MINDS BEHIND THIS PROJECT
ADVISOR
For more information, please visit:
Website: https://fuzex.co/
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Facebook : https://www.facebook.com/fuzex.co
Twitter : https://twitter.com/fuzex_co
Telegram : https://t.me/FuzeX
Slack : https://fuze-slack-inviter.herokuapp.com/
Medium : https://medium.com/fuzex
Author: Seunola
MyBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETH Address: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9
Fuzex is a platform that makes users to pay anytime, anywhere using existing payment networks. Fuzex is creating an e-card, where one can store all cards (credit, debit, reward cards) in only one card. They will be also integrating cryptocurrency which can allow you to pay in real stores by using the FuzeX card.
VISION
The mission is to make all forms of currency payment (fiat, rewards and cryptocurrencies) secure, reliable and User/Merchant friendly.
BENEFITS OF THE FUZEX CARD
ANYTIME, ANYWHERE
Real-time exchange rates mean that you can spend your cryptocurrency anytime, anywhere you like.
SIMPLE
Cycle through your cyrptocurrency, debit,credit and reward accounts on the E-Paper display to select your method of payment.
CLEVER
Store up to 15 cryptocurrency accounts,10 credit or debit cards and 5 reward cards all in one clever e-card.
SECURE
Two-factor authentication,loss prevention and an on-card key code give you the peace of mind to spend securely.
THE ECOSYSTEM
The FuzeX ecosystem includes:
The FuzeX Card.
The FuzeX Wallet.
The FuzeX Exchange.
FUZEX CARD
The FuzeX Card is identical in size and thickness to a standard credit or debit card and consists of an EMV chip, a dynamic magnetic strip, an E-Paper Display (EPD), three input/option buttons, a rechargeable battery and a charging
terminal. Furthermore, the FuzeX Card pairs with the FuzeX Wallet to function as a hard wallet storage of private keys. Fragmented private keys are encrypted and stored between the FuzeX Card and FuzeX Wallet. The private keys are only accessible by unlocking the FuzeX Card (via a pin on the card) and FuzeX Wallet (via an account password).
Once users have connected their various accounts (credit, debit, rewards or cryptocurrency) to the FuzeX Ecosystem through their FuzeX Wallet app, they will be able to pay with their FuzeX Card without the trouble of having to pull out their smartphones.
Features of Fuzex card
Store, manage and use up to 30 credit, debit, reward and cryptocurrency accounts
Built-in buttons to power on/off, enter pin codes, make selections, and authorize
payments on the FuzeX Card itself
E-Paper Display (EPD) to view balances across accounts, barcodes for reward card
scans, and QR codes for blockchain addresses
EMV (IC Chip) for multi-cryptocurrency payments
Near Field Communication (NFC) for credit and debit card payments
Barcodes for reward payments
QR Code for cryptocurrency wallet addresses for P2P transfers
Bluetooth connection between FuzeX Card and FuzeX Wallet to ensure security
(Users have the additional option to securely lock the FuzeX Card when the
Bluetooth connection is disconnected)
Remote wipe technology to clear data from the FuzeX Card
Battery life between 45~60 days
Plus a sleek, slim, rechargeable portable battery bank
FUZEX WALLET
The FuzeX Wallet allows users to store, spend, receive, and transfer tokens.
Features of the Fuzet wallet
Enables registration (includes KYC) for FuzeX Ecosystem
Register and manage various cryptocurrencies
Send, receive, and exchange cryptocurrencies (cryptocurrency amount and respective fiat currency value is clearly displayed with real-time exchange rates)
Check account balances, transaction history and exchange rates
Only registered devices can access the FuzeX Wallet to ensure security
Interactive map and address of the last location that the FuzeX Card was used (prior to Bluetooth disconnection) to help users locate and retrieve their lost FuzeX Card
Android and iOS application for smart phones
Two factor authentication (PIN on FuzeX Card and password on FuzeX Wallet) for
the purposes of secure private key management.
FUZEX EXCHANGE
The FuzeX Exchange is the core mechanism bringing world-wide cryptocurrency to reality. The goal is such that users spend cryptocurrency on their FuzeX card, as they would on a regular card, and merchants receive fiat currency (USD, Euro, Yen, any local currency) as they currently do. In fact, besides, the eye-catching futuristic look of the card, merchants would not know the difference.
This is accomplished by accepting the cryptocurrencies FuzeX card users select to use in the FuzeX Exchange, then release the respective fiat currency to the merchant based on the market exchange rate. They adopt their FuzeX card to issuer standards and pay merchants in fiat currency. In doing so, they eliminate unreasonable overhead and resources required for individual cryptocurrencies to establish contracts with individual vendors for cryptocurrency payment acceptance, thus, bridging the gap between cryptocurrency payments and fiat payments.
Features of Fuzex Exchange
Hold a multitude of reserve cryptocurrencies and fiat currencies to facilitate real-time exchange (exchange rates derived from aggregated market rates) between cryptocurrencies and fiat currencies for payment transactions.
Function as a hosted wallet that is secured by 3 multi-signature security keys (User Key, Exchange Key, and Isolated Key for recovery).
Transactions execute only when 2 of the 3 security keys are deployed.
Integrate with Issuers/Legacy Payment Networks (e.g. MasterCard, Visa) to confirm sufficient fiat equivalent cryptocurrency balance in the Users’ accounts during payment authorization and releases fiat payments to Issuers
Acknowledge selected cryptocurrency for payment when the User holds the relevant button to confirm selection on their FuzeX Card
If Users lose their User Key, upon verification of identification, they can create a new account and User Key. FuzeX can then transfer the balance from their previous account to a new account using a combination of the Exchange Key and Isolated Key.
FUZEX PLATFORM
TOKEN DISTRIBUTION
FUND ALLOCATION
ROADMAP
THE GREAT MINDS BEHIND THIS PROJECT
ADVISOR
For more information, please visit:
Website: https://fuzex.co/
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Facebook : https://www.facebook.com/fuzex.co
Twitter : https://twitter.com/fuzex_co
Telegram : https://t.me/FuzeX
Slack : https://fuze-slack-inviter.herokuapp.com/
Medium : https://medium.com/fuzex
Author: Seunola
MyBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETH Address: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9
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