BLOCKCHAIN
Blockchain technology makes a peer-to-peer transaction possible in the absence of a centralized validating authority like banks that normally collect commissions to carry out work. Without the necessity of third parties, organizations or consumers execute transactions which are processed instantaneously, therefore making blockchain most paramount.
The blockchain technology anchors the world of cryptocurrency. Basically, an electronic ledger, or better described as a decentralized and digitized ledger which is available for all cryptocurrency transactions. Continuously growing as one block is completed, it is an updated record of all cryptocurrency transaction from the oldest to the most recent. The blockchain gives market participants the opportunity to track all digital currency transactions without any form of centralized records. Sophisticated cryptographic techniques are adopted to make sure all records are authentic, and the identities of coin holders are encrypted, and therefore anonymous.
Benefits Of Blockchain
- Trustable: Information on the blockchain is reliable, and can be acted upon by users in conducting their transactions. Lack of the third party prevents interference and eliminates all forms of backdoor transactions.
- Transparency: Transactions on a block are available for everyone. All members on a blockchain are able to make changes and this makes for transparency. The problem of multiple ledge multiple ledgers is a non-issue as the recording is done with a single public ledger.
- Fast Transactions: Unnecessary time-wasting procedures are cut out by blockchain technology, and time and money are equally saved. With blockchain technology time and money usually take only a few minutes as opposed to the interbank transaction that could take hours, even days to be completed.
- Security: Security on the blockchain is completely guaranteed through encryption and cryptography.
FIXY NETWORK
Fixy App is a blockchain based application that will facilitate the use of cryptocurrency in ordinary everyday life. Fixy App is a blockchain solution, from cryptocurrency enthusiasts to cryptocurrency beginners. The solution is giving users several benefits such as, monetizing their Cryptocurrencies and being able to get paid in both FIAT and cryptocurrency when they are selling their goods and services.
FIXY Network Solution
Fixy Network makes it possible for people to use cryptocurrency in their day to day life. The Network will include a decentralized marketplace and a decentralized OTC exchange. We provide Fixy Gift Card, which is going to be available in every corner store and be sold in FIAT easy access.
Fixy Network Features
- Gift Card :
Gift Cards provided by Fixy will give an opportunity to people to get into the cryptocurrency-world without going through any unnecessary verification process which takes longer than it should. Purchase of the Gift Card is going to be provided by the Stores which are verified by Fixy and are going to be easy to find using our Store Locator. Gift Cards will be sold by FIAT money, which will be possible to deposit on the Fixy App where a user can use this amount in decentralized Exchange and decentralized Marketplace. - OTC Trading :
The Fixy OTC trading feature is completely decentralized. The OTC trading feature of Fixy will let users exchange their Cryptocurrencies both in cryptocurrency and FIAT money without any fees charged by Fixy. - Store Finder :
The “Store Finder” feature is going to let users check their surroundings to find a Fixy accepted store where a user can buy goods using Fixy. Also, this feature will facilitate cryptocurrency trading, as users will be able to use it to find their favorite cryptocurrency and other traders who want to sell or buy. - Smart Contract And Free Messaging Service :
The fixy network also utilizes smart contracts for making deals, in this case, the fixy token will be used for payment. On the other hand, users can conduct OTC trades without a smart contract by using our free and secure messaging service. This second feature will have a trust score system where users can leave reviews and ratings on the nature of their experience while trading with another user.
HOW FIXY NETWORK WORKS
The Fixy Network brings together customers and retailers who are interested in participating in using cryptocurrency for transactions. New participants can get into the world of cryptocurrency by purchasing the Fixy gift card which would be sold in approved stores across the globe. New users' card will be credited as soon as they have gone through the "know your customer" process which is very fast while existing users' balance will be loaded directly into their wallets.
Fixy Network brings popular cryptocurrencies and retailers as partners with benefits from blockchain. Partner Stores will accept:
- Bitcoin
- Bitcoin Cash
- Ethereum
- Litecoin
Benefits of Fixy App
- The Fixy app provides shortcuts for newbie cryptocurrency enthusiast to enter the world of cryptocurrency by making it easy and secure for investors to monetize their Cryptocurrencies.
- The Fixy app allows companies and ICOs to reach more customers, brands to sell more and get paid in both cryptocurrency and fiat.
- The Fixy app has a decentralized peer to peer marketplace and a decentralized OTC exchange.
- Fixy will offer a gift card which will be available in every Fixy network store and will be sold in fiat.
- Users will be able to access feature like OTC trading for cryptocurrency, gold, and silver within the app.
- The store locator on the Fixy app will also make it easy for users to find the nearest Fixy store to them.
FIXY TOKEN
Although a variety of Cryptocurrencies will be traded on the Fixy platform, the Fixy token will serve as the platformʼs very own currency. Partners who want to be part of the network will do so by paying the Fixy token. Also, the Fixy token will be used to purchase advertisement space on the platform and can be used to make purchases. To prevent, inflation and maintain a steady rise in value, the Fixy token will have a fixed quantity supply of 100,000,000 FXY.
ICO DETAILS
To learn more about this project visit :
- Website : https://fixyapp.io/
- Telegram : https://t.me/fixynetwork
- Twitter : https://twitter.com/fixy_app
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2038051