Fuzex - Spend Your Cryptocurrencies Anytime, Anywhere and Anyhow

Hello Guys!

Today, I would like to tell you about a project which had its ico in January but about to launch its mainnet in a couple of weeks time.

The project I’m talking about is FUZEX.

Before I delve into telling you about this amazing project, I would like to ask you some questions.

Have you ever thought about being able to spend your cryptocurrencies in stores to buy goods and services just like you would spend your money?

Have you ever thought about making payments at any POS terminal with a card which has your cryptocurrencies in it?

Well, if these thoughts have one time or the other crossed your mind and you felt like it’s not possible, I’m happy to tell you that FUZEX makes all these possible and much more with its novel blockchain-based payment ecosystem which is set to revolutionize the way that we use cryptocurrencies.

As much as cryptocurrencies are gaining attention by the day, this stellar technology is yet to gain mainstream adoption simply because people feel they can’t possible make payments with the use of cryptocurrencies. The argument is that people can make payments with the use of their debit and credit cards which connected to their funds in their respective banks.

So, can we also have a card which is connected to our cryptocurrency wallets and enables us to make payments for goods and services they ask? Although different platforms have tried to solve this cryptocurrency usability problem but none has been able to achieve a widely acceptable payment solution. This problem is what necessitated the need to have an ecosystem that can enable people to spend their cryptocurrencies anytime, anywhere and from wherever part of the world they might be.

FUZEX — Spend Your Cryptocurrencies Anytime, Anywhere and Anyhow

FUZEX is a blockchain ecosystem that aims to solve the problem of cryptocurrency usability in the crypto space. With FUZEX, you can now make payment for goods and services using your cryptocurrencies with the help of the FUZEX network. The combination of the FUZEX card, the FUZEX wallet and the FUZEX exchange makes conversion of crypto assets into fiat so easy in order to facilitate online transactions by users. This totally solves the problem of usability that has plagued cryptocurrencies for a couple of years now and is set to position the use of cryptocurrencies in making payment for massive adoption. Transactions on the FUZEX network is also highly secured as transactions are encrypted using a distributed ledger which is immune to attacks.
So let’s look at the 3 components that makes up the FUZEX platform

• The FuzeX Card.
• The FuzeX Wallet.
• The FuzeX Exchange.

The FuzeX Card

In order to be able to spend your cryptocurrencies at anytime and anywhere, FUZEX has developed a smart e-card just like your credit and debit cards on which you can store your crypto assets which can then be used in purchasing goods and services. The Fuzex card is inbuilt with an EMV chip, a dynamic magnetic strip, and an E-Paper Display (EPD) which can store up to 30 cryptocurrency assets. All you need to do is give this card to your merchant and he can swipe it to deduct payments for goods and services purchased provided you have sufficient funds on the card. The merchant is able to get a fiat equivalent because the issuer has been integrated with the Fuzex exchange which would have converted user’s crypto assets into fiat at the current market rate to enable payment for the transaction.

The FuzeX Wallet.

The Fuzex wallet enables the user to store, spend and transfer tokens conveniently. The Fuzex wallet comes with a 2FA authenticator which makes the funds highly secured and is available for downloads on IOS and Android phones. The history of transactions can be tracked with the use the wallet.

The FuzeX Exchange.

The Fuzex exchange is actually the backbone of the Fuzex ecosystem. If you use your credit cards and debit cards to make payments, your merchants collects fiat. So also on the Fuzex network, any payment made to a merchant has to be in form of fiat. This is exactly what the Fuzex exchange helps to achieve. After payment has been initiated on the Fuzex card, the Fuzex exchange helps to convert this cryoto funds into equivalent amount of fiat at the current market rate and send the fiat equivalent to merchants for the payment of goods and services. It quite clear that the Fuzex exchange has a very important role to play in bringing the Fuzex idea of easily spendable cryptocurrencies into reality.

For cryptocurrencies to gain mainstream adoption, then it must be abel to serve as a very convenient means of payment which is exactly what Fuzex is trying to achieve with the Fuzex ecosystem. This platform is one of its kind as it allows anybody from any part of the world to easily spend his/her cryptocurrencies in making payments for goods and services. This is achieved with the use of the Fuzex card on which crypto assets are stored which can then be swiped at any POS terminal for easy settlement of transactions. This is a laudable project that needs the support of everyone in the crypto space.

Roadmap

I hope you guys have enjoyed learning about the Fuzex ecosystem just as much as I have.

For more information on FUZEX, please visit the following useful links:
Website: https://fuzex.co/
Facebook: https://www.facebook.com/FuzeX.co/
Twitter: https://twitter.com/fuzex_co
Medium: https://medium.com/fuzex/news/home
Telegram Chat: https://t.me/FuzeX
Bitcointalk: https://bitcointalk.org/index.php?topic=2776789.0
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2077261