FESSCHAIN-Future Of Electronic Settlement System
Introduction
October 2019 marks the eleven-year anniversary since the Bitcoin was introduced. In the the decade passed, the crypto currency and blockchain technology has improved rapidly with more robust technology.However, seldom explored is how crypto and blockchain businesses have been evolving in the way they reach and acquire new users.
Problem
Most of the blockchain projects operating at present either claim to deliver speed or safety. But 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. Most issues are related with Speed, Security and Scalability.
The Solution- FESS
Blockchain technology has spread almost through every sector in the world and it has been a positive impact to every field it has interacted with. Although the blockchain technology holds potential to revolutionize possibly every sector, to date, we have not seen a full-scale adoption of this technology. FESS introduce a way to harness the true potential of blockchain and also puts the best step forward to make it suitable for implementation at all scales in every sector.
FESS Chain is dedicated to solve the existing problems of security and scalability in the blockchain space. Additionally it will optimize the existing scenario of electronic settlement systems.
The primary objective of FESS Chain is to create a Universal Settlement System (USS) on our their own blockchain which guarantees both security and high transaction speed at the same time.
New Features of FESS
The FESS Token will be of practical utility, in more ways than one. The primary objective of the fesschain initiative is to deploy our solutions through the implementation of blockchain technology at the ground level. Fess Tokens will be the center of this vision, and it-
Security Features of FESS Chain
- BIP32 Transfer Protocol:
- Proof of Proof Mechanism:
- Two Factor Authentication (2FA):
- Anti-phishing protection
- Advanced privacy protection
FESS TOKEN
Fess token is an ERC-20 based tokens which complete the whole Fesschain Skeleton.
The FESS Token will be of practical utility,in more ways than one.The primary objective of the fess chain initiative is to deploy our solutions through the implement of blockchain technology at the bottom level.
Conclusion
By comparing with the other existing leading blockchain solutions, i think FESS has the potential that need to go to the top. With the solutions it is aiming to create, it will give the best user experience. . Because of the advanced security system Fess is un hackable. So i think this project is one of the advance blockchain solution that has developed in the past few years.
If you want to know more about this amazing project, please navigate through below links.
Website => https://fesschain.live/
Whitepaper => https://fesschain.live/images/azalea/white_paper_1.pdf
One pager => https://fesschain.live/images/azalea/One_pager-1.pdf
Bitcointalk Thread => https://bitcointalk.org/index.php?topic=5138929=Bounty
Telegram => https://t.me/fesschain
Twitter => https://twitter.com/fesschain
Facebook => https://www.facebook.com/fesschain/
Reddit => https://www.reddit.com/r/fessOfficial/
Medium => https://medium.com/fesschain
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2646618