Preamble
There's a decentralised financial payment network and it is configured to build on the traditional Payment stack on the blockchain industry and it is called Futira. This Futira makes use of a basket of fiat-pegged stable coins algorithmically stabilized by its reserve currency futira, to facilitate programmable payments and open financial infrastructure development. In the year 2020, December to be precise, the network has transacted an estimated of over $280 billion for users closed to 2 million.
Prior to 2022, they've been an existence of Futira coin and it was programmed to be issued within the first six month of 2022. The futira coin is available on the futira chain which is arranged in a private form coming with a name which has been permitted already.
The Futira token is deployed on the tron network from the 1st of January 2022 and there began thier public trading since February 2022. Coins are exchanged with the Futira token when available for everyone to see, at this time, sales of token goes to the finance building mobile operator network to some of the countries of the world that have low capitals. Whereas, some of the populated countries of the world lacks the internet and mobile communication.
Futira and it's significance
Based on statistics, more than 57% African countries has no access to the internet, not because they don't want to but because the infrastructure is too expensive for them to build upon.
Take a look at the telephone, it's of no use without the network and the internet but via the use of an internet cables or a router which may serve as a central office but they are too expensive to cover for the whole of the African countries. With this, the investment may not be recovered because of the low density of the African population.
How Futira coin operates?
Futira coin is a unique coin and is backed up by a real-world commercial business, this implies that, it works with network and as long as the network keep working, the coin keep adding value.
You would love to know how this coin works;
The Futira coin works as a means of funding for the network in such a way that it will be the only means of having credit on the network, that is once the network is built. But this is to ensures for the demand for more coin. An average user only buys credit on the network at the rate he understands in his local fiat currency because he does not need to know anything about the coin.
The credit the user bought will immediately be converted to Futira coin. Here, the user will be fully assured that if by any means his credit drops below what he paid in his fiat currency, then he gets back the value of the credit paid for. Anytime the credit paid for increases, then the extra credit gained can be used. This coin will at all cost create alot of benefits and rewards within a space of time.
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: Kocs50
Btt profile link: https://bitcointalk.org/index.php?action=profile;u=3457708;sa=summary
Bsc wallet: 0xCAB9caF554fdA5bA06295410646a21D3b50AD477
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