Digital currencies, which have received an impressive upward trend in recent years, are increasingly affecting the global economy. Consumer buying habits, buying methods and new developments in digital currencies seem to make them irreplaceable in the coming days. Basically, you can express the digital currency as a virtual concept hidden behind a set of cryptography, which is actually called "crypto money", which depends on mathematical operations that are extremely difficult and expensive to achieve. Crypto-currencies have created a new architecture for peer-to-peer transactions without a trusted broker.
As we saw on the Internet, distributed protocols can give users the ability to directly commit transactions, bypassing slow, and sometimes corrupt, intermediaries. One of the advantages of these systems is the protection of consumers from censorship of payment. Another potential advantage is the opening of the currently privatized infrastructures that underlie our financial and information systems.
In addition to the sphere of finance, the development of crypto-currency and block-technologies has caused efforts to rethink how authorities interact with digital infrastructures that permeate our social, political and economic life. In the light of the development of crypto-currencies and block-technology, is there a way to use our digital currencies in our daily lives, for example, spend on credit cards or withdraw money from a debit card?
What's with FuzeX?
FuzeX is a platform that makes using crypto currency more convenient. To do this, they created their own wallet and even a plastic card, which makes this project unique.
In addition, while many organizations have moved on to the cryptographic problem of the ease of using money with an intelligent prepaid card, the use of cards is usually limited to a few digital forms of money, and they are recognized by not so many traders, therefore, preventing a wider acceptance of cards.
The card and the FuzeX wallet are a more advanced way to store your funds. These things were created to achieve the project's goal - to make payment by crypto currency easier, faster and more convenient
The project has created its own ecosystem, thanks to which the exchange of crypto currency has now become much easier - it now takes place in real time. This, in turn, can tell us that now it is possible to exchange crypto currency everywhere.
It is also worth noting that the FuzeX ecosystem has three parts:
- Map of FuzeX;
- FuzeX Wallet;
- Exchange FuzeX;
Features of the FuzeX Card
On the card, you can store up to 30 crypto accounts. Also on the card are buttons - they help to authorize payments, and also turn the power on and off. In addition, thanks to the display, which is located directly on the map, you can monitor your accounts, the balance of funds, as well as carry out some functionality. The battery installed in the card is 2 months.
Thanks to the wallet, there is a registration of users, from which it is possible to carry out and accept various transactions, monitor the balance, and watch the history. From the wallet you can see the exchange rates. In addition, the wallet has two-factor authentication, which protects the funds.
Android and iOS applications will also be available to use your smartphone as an add-on to the FuzeX card. You can monitor transactions, replenish security levels, and some discounts / bonuses for users will be available.
Conclusion
FuzeX is a worthy project, as it solves the problem of inability to use crypto currency where it can be useful.
Official links FuzeX:
Website: https://fuzex.co/
WhitePaper: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=4495101.0
Twitter: https://twitter.com/fuzex_co
Telegram: https://t.me/FuzeX
Facebook: https://www.facebook.com/FuzeX.co/
Author details
BTT username; anddyy
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2321285
