Reality overview

Cryptocurrency is the exchanging method using encrypt to ensure security of all transaction and control of newly currency units is created. This money is exchanged directly with an Internet connection device without the need of an intermediary financial institution, which reduces transaction fees. Users can use cryptocurrency everywhere in the world, even turning it into cash when needed. In the form of Bitcoin, Ethereum, Co Steem ..., this is also a source of effective financial investment. However, up until now, cryptocurrency has not been widely used around the world, particularly as it is difficult to use in daily billing operations.

According to a survey by the World Bank, non-cash payments have become a popular payment method in many developed countries around the world. Instead of using cash, we will use plastic cards, so transactions become easier and faster, contributing to stimulating commercial activity. However, they have a lot of different types, making our wallets heavier and thicker, and managing them is complicated. So the FuzeX project was born.

About FuzeX project

The FuzeX project aims to simplifies the payment process, providing a great user experience and bringing cryptocurrency closer to everyday life. This is an interesting invention that aims to revolutionize the way you pay for goods and services using cryptocurrency. FuzeX card will combine many different types of plastic cards such as credit card, debit card and reward account into a single card. In your personal ecosystem, you can combine up to 15 electronic wallets, 10 debit or credit cards and 5 discount cards. The FuzeX Exchange system will convert your electronic money into fiat money based on the real exchange rate in real time. This mean that you can spend your cryptocurrency anytime and anywhere you like.

Ecosystem

FuzeX is built on three components: FuzeX Card, FuzeX Wallet and FuzeX Exchange.

FuzeX Card

Formally, the FuzeX card looks very much like a regular credit card. But it has a slightly different structure. It has a small screen to display some information such as balance, exchange rate, security verification.. This is very convenient for users when using the card to make payments as well as communicate with your smart phone. At the bottom of the screen, there are three small buttons that let you perform simple actions on the screen. Inside the card is a complex circuit, a rechargeable battery and a dynamic magnetic strip that connects the card to the phone via Bluetooth or makes payments through NFC technology. In addition, the included accessories are charger and a card reader device is connected to the phone via the earphone port.

FuzeX Wallet

This is the foundation of FuzeX Card. There is an intuitive interface on the mobile platform. It is an electronic wallet that includes a lot of utilities included:

• Send, receive and exchange crypto-money.
• Check your account balance, transaction history and real time exchange rates.
• Save the location of the last transaction before disconnect the Blutooth. This is really useful for users in finding the card in the event of a lost.
• Security: Only registered devices can access the wallet. In addition, it integrates two factor authentication to ensure security(PIN code and password on FuzeX Wallet).

FuzeX Exchange

This is the core element of the FuzeX platform, which serves for the idea of bringing cryptocurrency closer to our lives. It will convert any kind of cryptocurrency into fiat money that can be paid. This is a great way to use electronic money as well as help users get used to using these coins when it is not widely used around the world. Initially, the FuzeX exchange will be a backend platform, and the company will conclude deals with existing exchanges and issuers. As the development of the team will strive to create its own centralized FuzeX exchange.

Team

FuzeX has a great team with very experienced management team. Their associate records show that almost all of them have worked for large companies before they joined in building FuzeX project. FuzeX has more than 40 employees including skilled engineers, blockchain specialists, programmers, experienced marketing specialists and business specialists.

Core team

Advisors

Project evaluation

Advantage:

• The development team is strong and experienced.
• Nice idea powered by blockchain technology.
• Possesses a strong advisory team and strategic investors reputation.
• The product has entered the beta test phase, preparing to launch the public.
• Whitepaper is clear, easy to understand.
• Clear, specific roadmap. The project team is closely following the roadmap to the present.
• The team has a lot of experience developing the Fuze card before developing the FuzeX card. Can say, they was mastered the technology.
• FuzeX card is convenient, easy to use, integrates a variety of cards and various types of cryptocurrency.
• FuzeX card is integrated a lot of communication technology.
• FuzeX wallet has both iOS and Android applications. Hight security.

Disadvantage:

• The project has no open source or SDK for the community to contribute into ecosystem development.
• FuzeX Card and FuzeX Wallet also need more time to prove their stability and reliability.
• Community and market are still relatively young.
• Released when the Cryptocurrencies market is facing many difficulties.
• This idea is easily copied by other competitors.

Conclusion

In general, I really like the idea behind the FuzeX project. Combining all cards in a single card along with the presence of Blockchain technology. I think this will be a real revolutionary project in the field of payment when it becomes faster, simpler. Their ambition is to bring cryptocurrency closer to the real world and that dream will not be far away when they are doing very well in each their stages. The project has a team of experienced, excellent advisors and a clear roadmap, this is considered a huge advantage of the project. In addition, The project has already been applied in real life. Therefore, I am quite trust in the reliability of the project. This is all my opinion surround project.

If you have any opinions about the project, please leave below the comment section. Thank for reading!

Useful links

Website : https://fuzex.co/
White paper: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2776789.0
Telegram : https://t.me/FuzeX
Facebook : https://www.facebook.com/FuzeX.co
Twittet : https://twitter.com/fuzex_co
Reddit : https://www.reddit.com/r/fuzex
Youtube : https://www.youtube.com/channel/UCKC_X1r-3yoBpVeuFcR8thQ
Medium : https://medium.com/fuzex
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734