Decentralized Crypto Bank Blockchain Project?

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Foton ICO (Token FTN): Decentralized Crypto Bank Blockchain Project?

Discover FOTON, the financial ecosystem of the future! FOTON is a decentralized digital encryption platform that allows instant transactions through contactless payments and blockchain technology.

The platform tries to revolutionize the banking world. The decentralized encrypted bank is designed for multi-currency transactions with an integrated fiat and cryptocurrency exchange system and contactless payments for goods and services worldwide. FOTON pre-ICO is already underway.

The FOTON project it does not have intermediaries It works with its own cryptocurrency and an inter-bank community based on Light's blockchain technology that allows the combination of finance and customer service processes.

In addition, it provides a simple and easy to understand cryptographic tool with minimum fees and secure payments via smart contracts. With its internal ecosystem, the project can establish and manage various financial and social institutions through its decentralized register.

How FOTON works

Since FOTON does not provide for intermediaries, the platform is 7,75% cheaper than centralized banking and payment systems. In fact, the centralized platform involves a number of brokers with little or no transparency in relationships, leading to high fees for both merchants and affiliates.

On the other hand, decentralized FOTON platform creates a transparent, automated community with a special engineering technology that connects brokers and uses smart contracts for fair deals.

When it comes to commissions, centralized platforms charge up to 10% of the average budget spent, which is based only on interest holders. FOTON, on the other hand, offers lower commissions. The platform charges an average of 0.5% of transactions and even reduces them based on equity management in fair trade.

In addition, centralized platforms are associated with high costs where financial solutions and payment systems cost enough for company accounts, in terms of management, services and accounting. On the contrary, FOTON is free. The platform already has adequate ready and free financial services that customers can use. It is equally free to communicate with partners.

As for scalability and anonymity, centralized platforms do not offer scalability and anonymity. The systems are obsolete and therefore it is difficult to apply new technological solutions. On the FOTON platform, the variety of tariffs and accounts allows the anonymous use of encrypted-fiat payment transactions with a global connection.

Features of the FOTON platform

The FOTON platform is advantageous and convenient. The following are the main features:

For interested parties

For stakeholders, the platform offers the highest level of reliability and security with instant transfer of funds from one point to another with no limit to a transfer fee of 0.5%. They can also exchange and withdraw cryptocurrency with a 0-0.10% fee. In addition, the platform offers the lowest rates and no hidden costs, including loans for individuals and legal entities.

For private individuals

For individuals, FOTON offers instant and smart contract-based payments for all cryptocurrency services without withdrawing money from their wallet.

The platform embraces NFC technology that enables contactless payment methods for devices based on mobile devices. With a well-developed loyalty system, bonuses and cashbacks for transactions, good deposit rates are all part of the platform.

For legal entities

Legal entities on the FOTON platform can enjoy cryptocurrency cash purchases at a good price. In addition, the platform allows legal investments of corporate funds in cryptographic projects, token purchases and participation in ICO. They can also engage in salary projects and cash withdrawals from anywhere in the world.

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