Blockchain-Based Global Banking with Multi-Currency Exchange and Contactless Payments System

Dec 18, 2018 at 09:35 // News

Some researchers claim that the cryptocurrency market is projected to hit the 1.4 billion mark by the year 2024.

2018. Some researchers claim that the cryptocurrency market is projected to hit the 1.4 billion mark by the year 2024. However, no market can grow without a secure and trusted infrastructure.

Many startups turn to Blockchain technology, but only a few have the strong ecosystem capable of providing a wide range of services for all users.

FOTON bank is a decentralized crypto-bank designed by a professional team of developers. It is designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide.

Furthermore, the FOTON platform will be a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business / customer services.

Next Global Blockchain-Based Banking System

The ecosystem behind FOTON bank was specifically created to tackle some of the most critical issues facing the modern banking system.

Andrey Pashkevich, CEO and Co-founder of FOTON stated:

"We are creating the ecosystem that will prove to be the impetus and the crypto market needs to make the effective transition to the next global banking system."

The ecosystem of the FOTON platform is decentralized, transparent and automated. It supports special engineering technology that connects investors and uses smart contracts for global operations. The transfer of funds is available only 0.5%.

Users will also get full access to services such as mobile apps, exchange, multi-signature wallet and virtual cards. Foton's virtual card. The virtual card could be linked to the NFC chip in the mobile device, allowing it to work with the VISA, Mastercard or UnionPay infrastructure to make instant payments for products and services with their favorite cryptocurrencies.

Fast and Secure Interbanking

According to the whitepaper project, FOTON also has its own interbank financial systems that is similar to SWIFT but capable of making secured and fast transactions – the FOTON can handle up to 500 transactions per second with potential for growth. It also implements the use of its own cryptocurrency ATMs, integration with current ATMs, and an online robo-advisor that can help clients buy or sell cryptocurrencies at improved rates.

The combination of these features on the FOTON platform, including overregulation, bureaucracy, centralization, system faults, volatility, legal constraints and complications related to practical use.

The FOTON platform will develop in compliance with a comprehensive roadmap, which includes the launch of the system, with the launch of the neural network in 2020.

Special Bonuses for FTN Token Holders and Investors

The FOTON platform has its own cryptocurrency, called the FTN token. FTN is an ecosystem token that serves as the basis of all transactions performed on the Foton Financial network.

Priority FOTON token holders will be able to access To 75% of the standard price. Moreover, holders of FTN token can withdraw or exchange cryptocurrency for a minimum of 0 to 0.1 percent.

The only release of FTN tokens will occur during ICO. The Pre ICO is due to be launched on December 25, 2018. The ICO main event scheduled for February 1 to March 27, 2019.

Disclaimer. This article is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should have their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss related to or in connection with the use of or reliance on any such content, goods or services mentioned in this article.

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