Hi everyone!
I'm LeePhan, who loves to learn, analyze and invest ICO projects.
Today I would like to introduce everyone a project on crypto is applied to the reality for payment, transaction. This is a really useful project for people who want to bring crypto to life smart, safe and convenient. That is the FuzeX project has been applied and is running very stable. What does FuzeX do? Take a look at my analysis
What is FuzeX?
A project from Korea, a very active market in the world of cryptocurrency. FuzeX is a platform that integrates all electronic, debit and credit accounts into a simple, secure and efficient payment solution. You can pay anywhere, anytime. Maximum up to 15 electronic money accounts, 10 credit cards and 5 reward cards are integrated in an extremely smart and secure card on the FuzeX card. To choose the payment method during the card use, people just click the button to select on the E-paper screen when making payment. FuzeX's payment solution is simple, but it smacks of redundancy, trouble when you have too many assets in different places. "Do not put all the eggs in the basket" This is a classic experience of people who have online properties, but for FuzeX you have peace of mind with 2FA security mechanisms and algorithms in the EMV chip on The FuzeX card encrypts the pin extremely securely and quickly.
How does FuzeX work?
The FuzeX ecosystem provides a fast, real-time solution for linking and paying between cryptocurrency and pre-Fiat. FuzeX system operation in 4 steps:
- Step 1: Check your balance on the FuzeX card and select the cryptocurrency exchange rate to fiat in real time (This ratio will change as the market fluctuates rapidly.)
- Step 2: Make the card to the seller, Merchant inserts into your card and sends the POS signal to the issuer (FuzeX or banks you have linked).
- Step 3: If it's a cryptocurrency, the FuzeX Exchange system will process your payment request if your balance is sufficient to trade.
- Step 4: Confirm and get back the card from the seller. Your purchase information will be sent via the FuzeX Wallet
Not only does it focus on the billing system, the hardware of the FuzeX card is maximized to handle tasks and encrypt asset security information for users. You can see the technology applied on the FuzeX card in this image:
- EMV Chip is the most important part of the card when handling and securing the confidentiality of your transaction
- The battery of the card can be used continuously for up to 30 days and then rechargeable. (You can turn it off on the card via the Power button)
In addition, the card also integrated NFC, the protocol connection data range is very fast now - Some basic hardware such as screen, circuit, ... are neatly designed on the FuzeX card perfectly.
FuzeX Team
The information is from FuzeX's official website
CEO: Andrew (Jaehun) BAE https://www.linkedin.com/in/jaehunbae/
CTO: Michael (Taesung) Park https://www.linkedin.com/in/michael-taesung-park-03a9a3153/
CBC: Daniel Kim https://www.linkedin.com/in/daniel-kim-1896a243/
You can see more at FuzeX's website for more information
Activity ICO of FuzeX
FuzeX has completed the softcap and hardcap of nearly 40000 ETH in the pre-sale. You will not be able to buy FuzeX's FXT token in the ICO anymore, but you can view more current FXT tokens here: https://coinmarketcap.com/currencies/fuzex/#markets and see also FuzeX's upcoming event to offer reasonable tokens.
General assessment
This is a good project, the development and multiplication of FuzeX's payment solution to the whole world is just time. As the market is cryptic now, investors are no longer interested in bitcoin or other altcoin, real payment solutions such as FuzeX will mend the bad news of other fraudulent crypto projects. and lose investor confidence in this market.
Details
Website: https://fuzex.co/
Whitepaper: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Telegram: https://t.me/FuzeX
Twitter: https://twitter.com/FuzeX_co
Facebook: https://www.facebook.com/FuzeX.co
Medium: https://medium.com/fuzex/news/home
Github: https://github.com/fuzex
Youtube: https://www.youtube.com/channel/UCKC_X1r-3yoBpVeuFcR8thQ
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Author: Lee Phan
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