Today, innovations in telecommunication cyber technology has advanced the world. Despite that, 35% of the world's population still are underdeveloped to achieve these networking opportunities. This part of the population is disconnected from the world of communication because they lack the technical support.
Modern communication technology is highly expensive and would not be easily affordable by these financially disadvantaged communities.
Therefore, there was an establishment via the Innovatian company and thier duties is to create faster and cheaper technology and infrastructure for communities undergoing underdevelopment. Based on statistics, we understood that their innovation has lessened the cost of infrastructure by about 8%.
Prior before now, blockchain and cryptocurrency have become the main goal of the financial technology world beacuse of the superb funding skills and trusted security system.
The Futira project has been introduced to help raise fund and to support the development and sustenance of the telecommunication system.
Things to know About the Futira Project
The Futira project which also partners with Innovation Technologies, they help in creating and funding communication solutions in countries that lacks network. These project was founded by Dr Hatim Zagloul, who happens to be the pioneer in the innovation of improved internet technologies, it has no high cost attached with it. And the network speed is beyond compare.
The main aim of the project is the introduction of a cryptocurrency that is used to fund the execution of the bigger project; which is empowering societies and countries with modern communication technologies.
How it Work?
With the FutiraCoin, transaction will be made only with the coin to fund the account on the network. Client can only buy the coins with fiat money when they wants to purchase network credits. The coins would serve as network credit and would gain value as it further penetrates the market. So, if the value of the coin increases, users would enjoy profit through the network credit. But if it drops in value, it would not affect the credit value that the user already has.
Benefits of the Project
Earlier in the introduce, we were made to understand that the futira coin would be the only means of purchasing credit for the network, the clients has no choice but to use this platform in purchasing the coin. This will lead to an ever-increasing demand for the coin for a consistent rise in the value of the coin.
Any profits generated from the coin value will be used and invented into developing and maintaining the infrastructure, and also will help other countries which are underdeveloped.
In Conclusion
These project is such that it's success will lead to high improvement of lives via technology where poor countries and other developed countries are unit strongly.
Investors do not need to worry as the project has the strong backing of two innovative and capable hands who have commanded results in communication technology and business, respectively. They are Dr Hatim Zaghloul, the co-creator of the technology that brought about the high-speed WiFi, 3G, WiMAX, LTE, and 5G; and Dr Hani Hebaishi, who has thrown in over $400M investment into the project in Georgia.
FOR MORE INFORMATION CHECK
https://futiracoin.com/wp/FutiraCoinWhitePaper.pdf
https://twitter.com/FutiraCoin/
https://www.facebook.com/FutiraCoin/
https://www.instagram.com/FutiraCoin/
Authors Details
Btt Username: Imane1
Btt profile link: https://bitcointalk.org/index.php?action=profile;u=3458741;sa=summary
Bsc wallet: 0xF35D98367375b5c29Ca3542DdA48C1Fb0304B1A8
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