Overview
Today cryptocurrencies are very closer to being considered as “money” in the world's economy. There is a very strong acceptance for the blockchain technology-related projects and financial and technical solutions related to it. Nowadays the main cryptocurrencies such as btc, eth, lit ect have almost all the characteristics for being accepted as "money" in the present world. But when considering the usability of these cryptocurrencies, that is where we find the real problem in this crypto industry.
So when considering above facts it's true that cryptocurrencies have won a considerable part, but it has to face some serious challenges in some aspects like usability, trustworthy etc.
FuzeX Ecosystem
The major objective of FuzeX is to address the usability challenge faced by cryptocurrencies. We can understand when referring to their vision telling that they need to find solutions for " “nice to own, but difficult to spend” issue which is currently faced by cryptocurrencies. What this project actually tries is to make the cryptocurrencies accepted and recognized as "money" in worlds economy. This can be done by only solving the issue of usability of cryptocurrencies.
They will achieve it with their experience in providing payment solutions and with the use of blockchain technology, with their technical know-how software and with the development of hardware. So we can identify three key features in FuzeX Ecosystem. They are as follows,
- The FuzeX Card
- The FuzeX Wallet
- The FuzeX Exchange
The FuzeX Card
The FuzeX Card is with a lot of features and it is with a lot of high technical features providing a considerable amount of facilities to the users. So now let's consider those features
- FuzeX Card can manage, Store, process up to 30 cryptocurrency accounts in all aspects, that means credit, debit, rewards
- FuzeX Card has IC chip called EMV which is designed to process multiple cryptocurrency transactions for payments.
- FuzeX Card has buttons which are inbuilt to power off/on and the user can make selections from the card itself or to enter security pin characters. And the fuzeX card can authorize payments
- FuzeX Card is featured with NFC ( Near Field Communication ) technology which is enabled for debit card and credit card payments
- FuzeX Card uses QR code for Pear to pear cryptocurrency transfers
- Balance can be viewed through EPD (e paper display )
- There is a bluetooth connection between FuzeX Card and the FuzeX Wallet (I will describe the wallet in the next article), so it will increase the security. And there is a additional feature where the user can activate as the wallet get locked when it lost the bluetooth connection with FuzeX Card
- The battery life of FuzeX Card is around 45 to 60 days. So there is a remote wipe feature which can celar data / information from FuzeX Card
- FuzeX Card is very slim and with a portable battery bank which is rechargable.
⭐️ Pay with FuzeX
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.
⭐️ The Future Payment of FuzeX
- 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.
Conclusion
So now when considering the above features of the FuzeX Card we can understand the reliability of this FuzeX Ecosystem. Today the time is valuable than more than anything. So when considering the above features we can understand how quick a user can accomplish his/her need and how secure is their transaction. So this FuzeX Ecosystem can be identified as one of the best concept which introduced with blockchain technology.
Following more information;
Website: https://fuzex.co/
Whitepaper: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Telegram : https://t.me/FuzeX
Facebook: https://www.facebook.com/FuzeX.co
Twitter: https://twitter.com/FuzeX_co
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