The Fabric Token (FT) ecosystem aims to empower individuals and businesses with easy access to blockchain technology and smart contracts by providing a bundle of user-friendly software. The products within the FT ecosystem will focus primarily on helping people of any background to create and deploy their decentralized application (DApp), without the specialized computer programming knowledge that they would usually need.
https://fabrictoken.io/
As we show in the White Paper, blockchain technology and smart contracts can have a drastic impact on industries as varied as finance, food delivery and government. To this end and to solve the problems listed below, we present the Fabric Token ecosystem.
https://fabrictoken.io/media/Fabric-Token-Ecosystem-White-Paper-EN.pdf
TODAYS PROBLEMS
- Blockchain technology and smart contracts are still mostly misunderstood and difficult to adopt.
- Developing smart contracts, even with Solidity, presents an array of challenges, both financial and technical.
- Business process management, in its current state, has several flaws unnecessarily complicating the workflow.
FABRIC TOKEN SOLUTION
The solution to the problems listed above is the Fabric Token ecosystem, which will consist of four main components – the Fabric Token itself, TokenGen, DApp Workbench, and the Fabric Store.
The payment utility within the FT ecosystem. One of the fundamental parts of the FT ecosystem will be the Fabric Token itself. It will be used as a utility to pay for products and services within the platform. For example, if someone wants to generate token and fundraiser smart contracts for their project, they will have to, in the end, pay a small fee in Fabric Tokens in order to get access to their code.
Additionally, the Fabric Token is going to be used as a digital asset which will be exchanged between third-party developers and users on the Fabric Store. The main idea behind Fabric Token is that, unlike the more popular cryptocurrencies, its value will depend solely on the FT ecosystem’s performance and growth, rather than on other external factors.
A decentralized marketplace for smart contract components.The Fabric Store will allow third-party developers to earn tokens and build their reputation by complementing TokenGen and DApp Workbench with their custom-built software components. Strictly digital in nature, it will provide a lucrative opportunity for talented programmers, while helping the FT ecosystem expand and provide even more possibilities for businesses and individuals.
The marketplace will embrace the decentralized and immutable nature of the blockchain by storing its data on it, guaranteeing fair product reviews that cannot be tampered with, and protecting sellers from chargeback fraud, a common issue in traditional online stores.
A simple web application for smart contract generation.TokenGen will allow users to generate smart contracts for their token and fundraiser by going through a simple step-by-step process – selecting token and fundraiser functionality, filling out details such as token name and symbol, paying in FT, before finally getting the fully tested and secure smart contract code as specified by the user.
The smart contracts generated by TokenGen will be fully editable in case users need to add custom functionality. TokenGen also provides in-depth documentation on all smart contract templates, including a guide that comes with the code, making it easy, if needed, to edit something at a later point
The business application platform for incorporating smart contracts and blockchain into BPM.DApp Workbench will help organizations develop smart contracts through business process modeling. The application features a drag-and-drop interface, which will make use of the BPMN 2.0 standard, enabling the import and reuse of diagrams created using other BPMN-compatible tools.
A subset of the BPMN specification and pre-defined smart contract components will allow the creation of fully automated workflows for various blockchain technologies, including, but not limited to, Ethereum and Hyperledger Fabric. DApp Workbench will enable all the steps of development of automated business processes starting from design, compilation and testing through deployment, monitoring and decommission of workflows on the blockchain.
ROADMAP
TOKEN & ICO
Symbol: FT
Total Supply: 100,000,000
Start Date: January 22nd 2018 10:00 UTC
End Date: February 15th 2018 10:00 UTC
Fundraiser Cap: 80 million FT (equaling roughly 9 million USD)
CORE TEAM
ADVISORS
Links of Interest
Website: https://fabrictoken.io/
White Paper: https://fabrictoken.io/media/Fabric-Token-Ecosystem-White-Paper-EN.pdf
Telegram: https://t.me/fabric_token
Facebook: https://www.facebook.com/fabrictoken/
Twitter: https://twitter.com/fabric_token
Ann: https://bitcointalk.org/index.php?topic=2593357
By: Andrewsito
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1216520
Myetherwallet: 0xB16Ae1Abd9d918e811B9713AE6F276B6F6079C5f
By Bitcointalk user: andrewsito