PAY SMARTER WITH THE FUZEX ECOSYSTEM

dimithridias (25)in #crypto • 6 years ago

WHAT IS THE FUZEX PROJECT?

FuzeX is a project, which aims to revolutionize the way you pay. They are creating an electronic card where you can store all your cards (credit cards, debit cards, bonus cards) in just one card that looks like a regular credit card - this is the part most attractive to investors. When consumers decide to invest in FuzeX, they will find that FuzeX's revolutionary payment platform makes it possible to combine multiple codecs into a single system, so you can pay at the door. Real Goods by using the FuzeX tag. They are currently working on a prototype and there have been several videos on youtube that show how the FuzeX card can look like as well as how it will work.

With FuzeX card, wallet,Exchange and token as an available payment token within the FuzeX payment ecosystem,FuzeX project will ease people cryptocurrency management and enable actual use in the real world.
01.FuzeX Token (FXT)
02.FuzeX Card (Payment card)
03.FuzeX Wallet (Management App)
04.FuzeX Exchange

FuzeX Token (FXT)

In order to bring FuzeX full vision and solution to market, FuzeX is launching a Token Sale Event to fund further development of the FuzeX Ecosystem. The FuzeX Tokens (FXT) are ERC20 tokens and will be distributed up to 4 weeks after the Token Sale. The FuzeX Token Sale is available through FuzeX website

ERC20 Based
Total Number : 1,087,156,610 FXT
Current Volume : 729,298,443 FXT

FXT Token Holder Advantages From a FXT Token holder perspective, they can access a variety of services through FuzeX Ecosystem using their FXT Tokens. This will save time and also fees, as FXT Tokens can be exchanged fee-free inside FuzeX Exchange for other partner tokenised services. Moreover, by using our service platform, users can benefit from a more competitive pricingstructure and deals specifically targeted to FXT Token holders. As FXT Token value increases and more partners join FuzeX Ecosystem, the benefits of pricing and deals will also increase too, as the exchange rate of FXT Token strengthens

FuzeX Card (Payment card)

Drawing from experience and expertise in having already successfully developed, brought to market, and sold and shipped (magnetic stripe and barcode enabled) 30,000 FuzeX Cards, the smart e-card that enables users to imbed up to 30 credit, debit, or rewards cards in one, the FuzeX Card will in addition offer multiple cryptocurrencies.

The Ultimate Smart All-in-One credit, debit, rewards, and cryptocurrencies e-Card Imbed 30 credit, debit, rewards, and cryptocurrency accounts EMV, NFC, Magnet Stripe, QR Code, and Bar Code for payment options E-paper display to view balances.Built in buttons on the FuzeX card for authorization, security, confirmation, and payment selection .Once users have connected their various accounts to the FuzeX Ecosystem through the FuzeX Wallet app, users will be able to use their FuzeX card without having to pull out their smartphones.

Features of the FuzeX Card

Store, manage and use up to 30 credit, debit, reward and cryptocurrency accounts
Built-in buttons to power on/off, enter pin codes, make selections, and authorize payments on the FuzeX Card itself
E-Paper Display (EPD) to view balances across accounts, barcodes for reward card scans, and QR codes for blockchain addresses
EMV (IC Chip) for multi-cryptocurrency payments
Near Field Communication (NFC) for credit and debit card payments
Barcodes for reward payments
QR Code for cryptocurrency wallet addresses for P2P transfers
Bluetooth connection between FuzeX Card and FuzeX Wallet to ensure security (Users have the additional option to securely lock the FuzeX Card when the Bluetooth connection is disconnected)
Remote wipe technology to clear data from the FuzeX Card
Battery life between 45~60 days
Plus a sleek, slim, rechargeable portable battery bank

FuzeX Wallet (Management App)

This is the hub for the FuzeX card and accounts management, this app allows users to store, spend, receive, and transfer tokens with the real-time exchange rate clearly displayed.

Features of the FuzeX Wallet

Enables registration (includes KYC) for FuzeX Ecosystem
Register and manage various cryptocurrencies
Send, receive, and exchange cryptocurrencies (cryptocurrency amount and respective fiat currency value is clearly displayed with real-time exchange rates)
Check account balances, transaction history and exchange rates
Only registered devices can access the FuzeX Wallet to ensure security
Interactive map and address of the last location that the FuzeX Card was used (prior to Bluetooth disconnection) to help users locate and retrieve their lost FuzeX Card
Android and iOS application for smart phones
Two factor authentication (PIN on FuzeX Card and password on FuzeX Wallet) for the purposes of secure private key management.

FuzeX Exchange

The FuzeX Exchange is the core mechanism bringing world-wide cryptocurrency to reality. The goal is such that users spend cryptocurrency on their FuzeX card, as they would on a regular card, and merchants receive fiat currency (USD, Euro, Yen, any local currency) as they currently do. In fact, besides, the eye-catching futuristic look of the card, merchants would not know the difference.

This is accomplished by accepting the cryptocurrencies FuzeX card users select to use in the FuzeX Exchange, then release the respective fiat currency to the merchant based on the market exchange rate. They adopt their FuzeX card to issuer standards and pay merchants in fiat currency. In doing so, they eliminate unreasonable overhead and resources required for individual cryptocurrencies to establish contracts with individual vendors for cryptocurrency payment acceptance, thus, bridging the gap between cryptocurrency payments and fiat payments.

Features of the FuzeX Exchange

Hold a multitude of reserve cryptocurrencies and fiat currencies to facilitate real-time exchange (exchange rates derived from aggregated market rates) between cryptocurrencies and fiat currencies for payment transactions
Function as a hosted wallet that is secured by 3 multi-signature security keys (User Key, Exchange Key, and Isolated Key for recovery),Transactions execute only when 2 of the 3 security keys are deployed.
Integrate with Issuers/Legacy Payment Networks (e.g. MasterCard, Visa) to confirm sufficient fiat equivalent cryptocurrency balance in the Users’ accounts during payment authorization and releases fiat payments to Issuers
Acknowledge selected cryptocurrency for payment when the User holds the relevant button to confirm selection on their FuzeX Card
If Users lose their User Key, upon verification of identification, they can create a new account and User Key. FuzeX can then transfer the balance from their previous account to a new account using a combination of the Exchange Key and Isolated Key

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