Blockchain technology is a world-changing technology many things impossible from before are now possible thanks to the blockchain technology. It makes every organization secure, transparent, audit easy and fast, the only problem is it is costly for most organization or establishment to create although some blockchain that offers a smart contract solution for a private organization or companies they don’t have an employee to do blockchain works making blockchain solution hard for them. What most enterprises need is a plug and play solution to use the blockchain, a plug and play solution can make a mass adaptation of blockchain technology.
Knowing the current problems of enterprises for developing blockchain application I found a project that helps them to solve this problem by introducing Funder Smart Token network a modular way of using blockchain technologies. Modular is a term used for plug-in or plug out of feature or services. FST network develops smart contract modules that multiple smart contracts can be arranged, remove, modify or add depending on what the need. This module contains “Application Binary Interface” so that advanced users can do more complex structure, services or applications. By doing modular services it not only give the enterprise the easiest way to make smart contracts it also save organization time needed to develop such thing.
The goal of building FST network is to allow enterprises to use blockchain technologies even with just basic knowledge about it on which they can start as soon as possible reducing the barriers for adoption to blockchain technology
Some of the basic services possible using FST network:
- ERC-1376 token compatible with ERC20 standard, one of the uses I see for this token can be in manufacturing, grocery store or in a pharmacy some information can be added to the token includes an expiry date, batch number, lot numbers, condition and many more.
- CRM Toolsets can be used for marketing purposes such as airdrops, bounty payments or promotions, and market liquidity/token burn
- Membership module allows organizations to build its own membership
- Wallet
- Continuous update
- Non-fungible tokens can be used for digital property one good example is the game Cryptokitties, shares and bonds.
- Token swap in case an organization need token swap for new tokens or other reasons
- Off-chain-on-chain integration like FST SDK, token transfer API, member information API, campaign API, Airdrop API, and many more
Super hybrid exchange:
The most common problem of token holders and token providers is listing to an exchange, using FST network to create own token liquidity will be possible using FST super hybrid exchange. Some of the features of Super hybrid exchange includes being decentralized, multiple booking order, trade incentives, cross chain transaction means it can exchange from different blockchain, real-time trading and many more.
Final thought: blockchain building services are not new many ICO and old project such as ether party already exist but blockchain need competition, this competition will force or inspire blockchain developers such as FST to develop new features which are new to the blockchain.
for more information about the project visit:
website
whitepaper
Author:gawer33
0x438D969c5169dA5AEeb871D5df297eF0259f54c8