FUZEX: ITS SIGNIFICANCE AND WHAT IT AIMS TO ACHIEVE

The invention of blockchain technology which led to the creation of cryptocurrencies has presented new ways to carry out money related transactions. That is, users can successfully send cryptocurrencies to anyone anywhere in the world without geolocation restrictions or fear of transfer charges.
Fiat currency, on the other hand, has evolved from coins to paper cash until Bitcoin was created which opened up ways for other cryptocurrencies. Ever since then, cryptocurrencies have been on the verge of disrupting the traditional methods of payment but yet there have been some challenges which tend to limit this.
A study shows that there are some characteristics money has to possess such as;
a. Divisibility,
b. Scarcity,
c. Durability,
d. Portability,
e. Easy storage,
f. Fungible,
g. Usability etc.
From all these characteristics cryptocurrencies like Bitcoin and Ethereum lacks usability, thus it's slow adoption as a means of payment on a global scale.
In other to make cryptocurrencies useful and usable, a team of experts created a blockchain-based platform known as FUZEX.

WHY FUZEX AND WHAT IT AIMS TO ACHIEVE

Some blockchain projects have tried solving this issue about the usability of cryptocurrencies but they failed to achieve their aim owing to the fact their solution is only limited to a few cryptocurrencies and few merchants, but FuzeX aims to take another direction so as to solve this issues.
The first step the team behind FuzeX took was to make it known that cryptocurrencies have all it takes to be called "money". Thus building tools which can help promote the usefulness and usability of cryptocurrencies. One of such tools is the FuzeX card which has the capability to allow users add up to 30 digital accounts thus showing superiority over the normal debit cards.
The FuzeX ecosystem is the solution which will lead to cryptocurrencies being accepted into real-world uses. This is because within the ecosystem are well-developed tools which will help users carry out transactions effortlessly.
Within the ecosystem are the following tools;

The FuzeX Wallet: Just as the name goes "wallet", it is used to save or hold assets be it paper money or cryptocurrencies as the case may be. With the FuzeX Wallet, users will be able to store or spend their crypto assets as at when due. Users can also integrate other currencies of their choice. The point of the FuzeX wallet is to coordinate around 30 cryptocurrencies into one wallet within the associated FuzeX card. This enables users to exchange and spend their digital currencies without signing all through numerous wallets. Then again, the wallet is anchored by PIN codes and 2FA for extra safety.
Furthermore, the wallet can be downloaded from Playstore or App Store, can also be used to track lost or misplaced FuzeX card.
FuzeX Card: This tool, the FuzeX card is perhaps the most amazing of FuzeX's central goal. The card will encourage the selection of cryptocurrencies in fiat cases. Designed like mainstream debit cards, such as VISA or MasterCard, the FuzeX card highlights different upgrades, such as rechargeable battery, E-paper display and dynamic magnetic stripe.
The inbuilt battery has a 50-day lifespan before it can be recharged while the E-paper display is responsible for displaying the available balance in the digital wallet. In addition, the card can be turned on and off by pressing a button. Owing to its sleek nature and outstanding features it will be easily adopted by many thus contributing to the creation of more digital wallets and purchasing of crypto assets.
FuzeX Exchange: Through the FuzeX exchange, users will be able to use their crypto assets with the FuzeX card. Furthermore, FuzeX aims to partner with solid exchanges, in addition, as time goes on, FuzeX will build its own centralized exchange, the sole aim being to promote the use of FuzeX card in real-world applications.

CONCLUSION

FuzeX is an exceptional blockchain-based platform with the aim of bringing about the adoption of cryptocurrencies into real-world uses.
FuzeX token FXT is an ERC20 standard token built on Ethereum blockchain with a total supply of 1.6 billion. Owing to the fact the hard cap was reached during Pre-sale, the public sale was cancelled.