Elaboration of Fuzex Ecosystem

in #crypto6 years ago

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The technology is growing faster as per world is moving faster. The technologies are bringing a number of changes and making it transparent, secure and decentralized in currency through the opening of Bitcoin when the floodgates are taking away a lot of innovations in order to come with the business solutions.

The smart contracts on these networks are bringing changes like Ethereum network and this lead to a larger number of businesses being minted for the growth as a group of people tied with the significance of wealth to cryptocurrencies. Therefore, Fuzex has opened a new dimension as the cryptocurrency payments have been come at the fingertips and became flexible enough that it can make payments at any time no matter whatever the place is.

Fuzex Ecosystem

The Ecosystem of Fuzex offers to provide the real-time exchange among the crypto and fiat currencies. This can set a bridge to the gaps in between the online wallet and the smartphone lies in the pockets of the users. Fuzex is the blockchain network providing an organization which has been building to draw through the experience and expertise.

This will already have some successful development which might have been brought to the market, sold and shipped more than 30,000 Fuze Cards. The ecosystem enables the device to make it important as a person’s identity and this will have two-factors processing as the authentication. This will enable the combat fraud and will ultimately bring the fragmentation of togetherness to the financial problems in just one simple solution.

Attributes of Fuzex Ecosystem

The Fuze Cards are the magnetic strip and barcode enables card also known as the smart e-cards. It enables the users for embedding up to 30 credits, debit, as well as the reward cards and all of these, are offered in only one card. The Fuzex ecosystem also enables the connection for various accounts like credit, debit rewards or cryptocurrency towards the ecosystem and this also enables the Fuzex Wallet application system.

This has the ability to make payments for the Fuzex cards without making any kind of trouble to pull off the smartphones all the time. The wallet app functions as a card wallet with the storage of private keys with the power of having access to unlock the Fuzex Card and Wallet.

Payment with Fuzex

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The payment process of Fuzex simple and complies with four steps. The first step implies the choice of the desired cryptocurrency on the Fuzex Card. It will have the view of the account balance and real-time conversion rate including the conventional fiat currencies. The second step it will hand over the Fuzex card to the Merchants where the Merchants will insert the card as a normal and POS terminal to send requests through the relevant issuer.

At the third step, the issuer will have the chance to check the accounts instantly regarding the sufficient fiat funds through the Fuzex Exchange. As long as there will be the sufficient amount of funds, the payment will be authorized and if the balance does not have sufficient amount then the payment will be declined. At the last step, the Merchant will receive the payment with authorization and this way the payment will be complete. The user will then receive a courtesy into the Fuzex wallet with the notification of purchase summery.

Fuzex is making the system flexible to cope with the system and serving the users with security and trust.

Website: https://fuzex.co/
Telegram : https://t.me/FuzeX
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf

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