FuxeX - “The future of cryptocurrency payments”

FuxeX project ‘The future of cryptocurrency payments’ is the possible future of all your card requirements. Fuzex card and Fuzex wallet is an all in one physical, digital payment solution that provides a solution for various kinds of cards you carry around every day and sometimes misplace or gets stolen.

The Aim & Goal of Fuzex project is to revolutionize the way you pay and pay by electronic money and make debit cards, credit cards and reward cards easier, faster and more convenient. The Fuzex card looks like a normal regular card which is a major reason that attracts the attention of the investors, it can basically store two types of cards which are payment cards and membership cards.

They are currently working on a prototype and there have been several videos on youtube that show how the FuzeX card can look like as well as how it will work. They also have a working product called Fuze (Mag Strip) and soon to be released Fuze (EMV) cards with really cool hardware features. These cards look like a regular credit card with the similar thickness of a credit card. And the cool features of this card includes a screen that displays the individual card information including your current balance that are stored inside and you can also switch between the accounts using the three buttons on the card. This card is easily programmable and works with android and iPhones. The Fuze card is programmed by the phone by using the e-card-manner application that can be downloaded trough the Google play store and the device that can be plugged in to the earphone port of your phone. This card includes a magnetic strip, an EMV chip for multi crypto payments and Near Field Communication (NFC) - for payments on credit and debit cards. The card is chargeable with an inbuilt battery that can last up to 30 days. Since this card cannot be charged using a normal charger, a special charger is made for the card itself is provided. This card can store up to 15 pre-coded accounts and / or debit cards and 5 reward cards. So The FuzeX card is obviously smart since it has new and improved technologies.

What is new about the FuzeX project is the FuzeX Eco System it includes three parts which are the FuzeX Card, FuzeX wallet and FuzeX Exchange. So this not only allows you to store up 30 digital cards but also opens you the opportunity to perform transactions with 15 types of cryptocurrency such as Etherium, Bitcoin, Dash and more. Fuzex ecosystem provides real time exchange between electronic money and fiat currency. This means you can now narrow down the gap between your electronic wallet and wallet in your pocket. The FuzeX wallet allows you to perform transactions like receive, spend, transfer, trade or store your digital and fiet currencies.

Many people are not aware of Cryptocurencies and for those who are aware and use them it is not very convenient to use, transact or store them. Cryptocurrency is becoming famous and has started taking effect in our lives and have started getting introduced among everyone rapidly. So the real world usability problems with Cryptocurrencies have encouraged a number of companies to bring forward a solution to this problem. While many of the experts in this space have come up with the idea of plastic pre-paid card, these use cases are limited to just a few Cryptocurrencies and the acceptance is limited. Therefore the team of Fuzex looks beyond the standard approaches and create the Fuzex ecosystem that can bring money and cryptocurrencies to a single platform. The FuzeX team hopes to deliver an innovative user experience as well as solving the Cryptocurrency usability problem by introducing the FuzeX Ecosystem. Using the FuzeX card would give user a huge range of benefits starting from convenience, efficiency to security and much more. When the FuzeX card will be launched in the near future it too will have an android application and the Fuzex wallet will be presented as an application for Android and iPhone smart mobile devices.

The targeted Beneficiaries of the FuzeX are the holders of cryptocurrency. The people who already have access and perform transactions with them. They are the ones that will be most benefited by the introduction of FuzeX project. The other user group are the holders of traditional (fiet) currencies. A huge amount will be incurred to the bank as commission when performing these transactions in the traditional way. But the Fuzex card can free the user from this problem. With Fuzex transactions become real-time and easier and convenient.

A question someone might have is, Is it safe to have all your card/bank and payment or your cryptocurrency transactions facilities just in one card? Yes the FuzeX card has two factor authentication (Encryption technique is used) and protection against theft for every transaction. This card has a security system just like a phone dose with a tap code and three levels of security you can use. The card is always connected to your phone trough the Bluetooth facility and when the card is not in the range of the phone, the user will be informed.

FuzeX has recently obtained US patents for payment cards that will become FuzeX Card’s hardware platform. This is the 19th patent that they have obtained and proves that the FuzeX Card has the best technology in the world. The launching of this project is going to make a huge revolution on the industry of cryptocurrency payments and to the whole community.

Conclusion

Products like the FuzeX card help add liquidity to your crypto assets and is one of the things that help generate interest in cryptocurrency and in effect, increase market adoption.

Keep in Touch guys and Girls.

Thank you

Channa Jayawickrama

If you have any questions regarding FuzeX or any critique on my article, just comment below. I'm happy for all your feedbacks. Thanks!

Further information:

For further information about the FuzeX project, please visit their official website as well as their communication channels. You will also find their whitepaper on the website.

Website : https://fuzex.co/
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Facebook : https://www.facebook.com/FuzeX.co
Twitter : https://twitter.com/FuzeX_co
Reddit : https://www.reddit.com/r/fuzex/
Youtube : https://www.youtube.com/channel/UCKC_X1r-3yoBpVeuFcR8thQ
Telegram : https://t.me/FuzeX
Medium : https://medium.com/fuzex/news/home

Author Details :

Name : Channa Jayawickrama
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2257529