It is true that blockchain birthed new technologies that are changing the landscape of the world finance. Earlier developed as a platform offering different technological approach, the platform went on to integrate digital assets. Before long, there was massive spread of these assets.
Bitcoin was literally relegated to the background after its initial problem. Another force known as Ethereum came up. Several years later, many projects seeking foothold in the crypto community banked on these platforms. Ethereum was widely acknowledged for its acceptance to these assets.
There were however issues that confronted the system. The block chain is known for mining cryptographic currencies and helping their trades. Aside it's ecosystem, the other important feature of the platform is it's framework. There are tons of these in the system but along the line, hitches were discovered in them.
These frameworks were classified based on their permissible nature of using active chains. The other classification is for blockchain frameworks that can be created. Though the technology was meant to be decentralized, there had been outright control of activities by some parties.
When you link to other chains, you are exposing your project to Sybil attacks. In the same vein, you might not have full control of your platform. Creating a blockchain might have been the answer but security is not guaranteed. To this end, the scenario will be transformed to a centralized environment where nodes can be discarded at will. More worrisome is vulnerability of the platform since other users can take part.
On the other hand, building a block chain on Ethereum has its fair share of the problem. Block sizes are normally increased and when this affects the network, transaction fees are increased just as DApps will malfunction.
INTRODUCING FLUZCOIN
Fluzcoin, as an independent retail coin structured in computer-aided governance, solves the problems of speed, cost, compliance and excess volatility; ushering in a true retail coin ready for mass adoption
Fluzcoin’s Artificial Intelligence (AI) algorithm, EUNOMIA, overcomes crypto-economic volatility with real-time, computer-aided market corrections to the Fluzcoin supply and demand
The value generated by minting new Fluzcoins is maximized by Fluzcoin holders in the form of dividends; meaning the accumulation of Fluzcoin, results in an appreciation path similar to traditional cryptocurrencies even though the value of an individual Fluzcoin may never skyrocket.
Fluzcoin’s computer-governed economy results in a transparent and predictable fluctuation path, compared to FIAT and crypto-currencies. Fluzcoin’s clever, patent-pending (United States patent application pending 62/648,206) coin minting rationale creates additional value without the need for energy intensive crypto-mining infrastructure.
Fluzcoin team will provide integration framework and ready-made extensions to be integrated with popular eCommerce platforms such as Magento, Hybris, Salesforce Commerce Cloud (ex-DemandWare), Shopify, BigCommerce, PrestaShop, WooCommerce and other.There can be two types of integrations owing to blockchain nature of the coin – first, traditional, centralised like a PayPal or other crypto currency extensions, which centrally store merchants funds after receiving them from consumers and then can move or exchange them into other assets on merchant’s request.
Fluzcoin POS payment flow
Consumer is equipped with free app that is Fluzcoin wallet as well as additional features, for example tracking of free coins distributed to Fluzcoin holders, search of nearby stores accepting Fluzcoin and providing special deal redeemable for Fluzcoin only.A merchant is displaying the total amount of the cart on a conventional cash-desk screen along with conversion into Fluzcoin amount.
Payment invitation is presented by a scannable QR code, which might be unique for each transaction (or come from a pool of reusable addresses).A user acceptance of the payment is embedded into scanning action – once the QR code is scanned, transaction is fired.
Fluzcoin, patent pending intelligent retail currency
Pump & Dump resilient retail coin
Non-speculative by design
Algorithmic market interventions
The Fluzcoin artificial intelligence (AI) stabilization algorithm will constantly adjust to deliver a smooth appreciation path, thus eliminating speculative volatility that so much affects cryptocurrencies and deters confidence in these.Through machine learning algorithms, coin bond issuances and Fluzcoin holder dividends, Fluzcoin aims to provide the confidence needed for wide acceptance as a medium of exchange and furthermore, a store of value.
Privacy enabling algorithm protecting purchase history
Blockchains are transparent, but retail coin users want their purchase history hidden, while enabling blockchain transparency for their balance of coins.Fluzcoin builds on SNARK algorithm allowing to store proof of transaction without exposing the transaction itself.
Proof of concept is LIVE! A retail platform coin is rising
Proof of Concept is LIVE – the system is built on Hyperledger Fabric and able to uphold daily transactions of up to 1,000,000,000 retail customers wordwide.Further research and blockchain technology advancement will increase this figure to bring retail coin to the global market.
MEET THE TEAM
Executive Team
STEFAN KRAUTWALD Commercial Director
DAVID ROSENBLATT Corporate Development Director
ANTONS SAPRIKO IT Director | Scandiweb
CEOGLEBS VREVSKY Marketing Director
ULDIS BAUMERTS Product Coordinator
DAVID M. LEIBOWITZ Japan Manager
DAVIS KRIKAUSKIS Delivery Manager
AIGARS PAVLOVICS Head of Operations
TECHNICAL ADVISORS
Raghavendra SrinivasanFlorian BurkartRuchika Kumar
EUNOMIA FOUNDATION
Andreas Antrup Council MemberVikram Nagrani Council MemberJosé Abbo Council MemberKarl Karlsson Council Member
ACTIVE BOARD ADVISORS
Maurice HararyLars RydströmKeith TeareKarl KarlssonAnil Benard-DendeJosé RuizDr. Sebastian FournéDavid AdelmanIsaac LevyAlberto Tarazi
USEFUL LINKS
WEBSITE: https://fluzcoin.io/?utm_source=bitcointalk&utm_medium=bounty
FACEBOOK: https://www.facebook.com/fluzcoin/
TWITTER: https://twitter.com/fluzcoin
MEDIUM: https://medium.com/@fluzcoin
YOUTUBE: https://www.youtube.com/channel/UCdK-HoZdmvmC-9bS5TeJT0g
TELEGRAM: https://t.me/joinchat/FaUXnVJkE62Onj6NcXuiPw
Author Information:
Bitcointalk Username: seblbj
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2022050;sa=summary