FESS :- Future of Electronic Settlement System
bayo88N.B: The primary objective of FESS Chain is to create a Universal Settlement System(USS) on their blockchain which offers both security and high transactional speed at the same time. Also, their platformance will be augmenting for a Fiat-less Economy and Integration of all possible practical use cases with blockchain.
PRESENTATION
Blockchain technologies, or distributed ledger technologies (DLT), have developed rapidly over the past few years. Starting in 2009 with Bitcoin, a decentralized digital currency (cryptocurrency), the technology has developed beyond a global payments system and started to also impact other areas, such as access to finance, supply chain management, digital identities, land registries or aid, through decentralized applications (dApps). Blockchain technologies may provide traditional financial services and business processes at much lower cost and with greater speed, security and transparency. Some traditional financial institutions are already starting to apply the technology to their business processes, but also other industries, such as agriculture, health care and transportation, are moving quickly toward trialing blockchain projects.
SYNOPSIS OF FESS ( Future of Electronic Settlement System)
Fesschain is the first decentralized platform addressing the shortcomings of the existing electronic settlement system. FESS offers a quicker and safer way to transact in an electronic environment through application of cutting edge technology. FESS blockchain is a multi layered system, in which each and every transaction before being recorded is verified either with its timestamp or the Bitcoin blockchain or both. FESS Chain will enable fragmented and parallel processing of transactions.
FESS is Mainstream Technology where Speed combines with Security not only theoretically but in practical means. Most of the projects running at present either claim to deliver speed or safety. None of them has sincerely found a solution for scalability where people can easily transact with supersonic speed or can run a DApp with the full potential. FESS dares to not only Work on this issue but also solve it.
THE OBJECTIVE
The primary objective of FESS Chain is to create a Universal Settlement System(USS) on their blockchain which offers both security and high transactional speed at the same time. Also, their platformance will be augmenting for a Fiat-less Economy and Integration of all possible practical use cases with blockchain.
THE BENEFITS OF FESS
FESS Chain offers a super secured multi-layered blockchain with a unique authentication which verifies every transaction with the highly diversified and secure Bitcoin Blockchain and/or the timestamp of that transaction. This makes their blockchain practically unhackable that too without compromising the speed.
FESS is combining Proof of Proof (PoP) methodology with AI and basic features of sharding into a new blockchain. FESS chain verifies every block with Bitcoin blockchain mined blocks, which makes FESS practically unhackable. Even if someone hacks into our blockchain, the very next block verifies back and returns where the original verified block was mined.
FEATURES OF FESS
- Trust and Transparency :- The complete decentralized architecture on FESS instills the much needed trust and transparency within all transactional networks.
- Security:- A double layered authentication method of transactions, based on blockchain technology makes it virtually impossible to hack into Fess system.
- Speed:- The unique parallel processing algorithm ensures 450-900 transactions per second(TPS), way ahead of existing solutions.
- Diversity:- Fesschain platform through its token powers individuals and business for their various needs.
ROADMAP AND DEVELOPMENT PLAN
THE FESS TOKEN
Token Details
Token name: Fesschain
Ticker: FESS
Type: ERC20
Total supply: 10 billion
Total initial supply: 650 million
Price: $0.01
Minimum investment: 1 ETH
Accepted currencies: ETH, BTC, NEO
THE TEAM
FOR MORE INFORMATION
Website: https://fesschain.live/
Litepaper: https://fesschain.live/images/azalea/Litepaper-low.pdf
Telegram: https://t.me/fesschain
Facebook: https://www.facebook.com/fesschain/
Twitter: https://twitter.com/fesschain
Instagram: https://www.instagram.com/officialfess/
LinkedIn: https://www.linkedin.com/company/14609086
Youtube: https://www.youtube.com/channel/UCwxzGn-MGmJl2Lf8cPhRzwA
Medium: https://medium.com/fesschain
PUBLISHER
BTT USERNAME: bayo88
BTT URL : https://bitcointalk.org/index.php?action=profile;u=2407711