We are now at the technologically advanced world where everything seems to be transparent, secure and decentralized in currency. It has opened the floodgates for the incredibility of innovative business solutions by the involvement of smart contracts onto the network.
It is growing a larger number business with minted growing group for the people with significant wealth which are mostly tied with the cryptocurrencies.
The ecosystem of Fuzex is introducing the approach to look beyond the standards and improvising a team delivering a certain amount of innovation for the users experiencing by the usability of cryptocurrency problems.
Fuzex Exchange
The Exchange of Fuzex stays at the core of the blockchain platform where it is accumulating the adoption of cryptocurrency through a goal of facilitating the expenditure. It has the regular credit card for the Merchants receiving fiat currencies with futuristic attire.
They will also have the accomplishment to enable the Fuzex Card users selecting the currencies through a relevant rate and it will conjunct the EMV POS terminal standards eliminating the unreasonable overhead required for the cryptocurrency company establishing the contracts to separate the vendors.
Maintaining Balances
Fuzex Exchange is maintaining the balance of cryptocurrency reserve with the fiat currencies into funds for the establishment to the Fuzex Exchange. This will have the offer of excess cryptocurrencies receiving the users from the market through other exchange partnerships.
It will have the ability to maintain a proper reserve for the funds for transactions. This will have the revenues to receive it from selling and appreciating cryptocurrencies in Fuzex Exchange enabling the owner of the users. This will be used to the hedge of the currency fluctuation risks.
Features of Fuzex Exchange
The streamlines of cryptocurrency will adopt through the increase in their base where the issuers will provide the access of expanding billion dollars industry by the following development in building the centralized Fuzex Exchange. It has some adoptable features that make the system different from others:
This will hold a multitude for the reserve of cryptocurrencies and fiat currencies. This will make the process smoother in real-time by the exchange of rates derived from the aggregated market rates. This will happen among the cryptocurrencies and fiat currencies for making the payment transactions.
This will function as a hosted wallet and will secure around 3 multi-signature security keys that belong to the User Key, Exchange Key, and Isolated key which will be used during recovery.
This will execute the transaction only when there are 3 security keys but among them, only 2 can be deployed.
This will integrate the issuers of the legacy payment network like Mastercard, Visa and it will have the confirmation for some significant fiat cryptocurrency equivalent to the balance lying into the User accounts at the time of making payment authorized for releasing fiat payments for the issuers.
The system will acknowledge the cryptocurrency for making payment while the user holds some relevance regarding button of selecting to the Fuzex Card confirmation.
Even the users will lose their User Key throughout the verification of identification while creating a new account and User Key. Fuzex has the authority to transfer the balance from the prior accounts to the new account. They can use a combination if Exchange Key and Isolated Key.
Fuzex brings a solution to the usability partnering the existing exchanges and issuers offering unique solutions for the cryptocurrency adoption and increase to their user base.
Website: https://fuzex.co/
Telegram : https://t.me/FuzeX
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf