My dad and I are complete polar opposites. And when it comes to making choices, you already know we are never going to agree on one option. It hasn't been long since my father chose to invest in bitcoins. I was obviously furious because I saw no sense in investing in something that has no daily life application. We'd had several arguments over this – I was the one that kept showing him the futility of cryptocurrency.
He never seemed to understand how cryptocurrencies were just a buzz and have little worldwide acceptance. With almost 2 million unbanked adults, where do you think the future of cryptocurrency lies? Besides, getting it converted into cash – which is the real deal – is particularly time-consuming. With all of the extensive and exhausting registration process, all those validation procedures carrying on for weeks on end, I believed dad will definitely lose interest, sooner or later.
This, however, did not happen. For all my arguments, dad never really countered, until one day when he got down to narrating the entire history and the prospective future of his investment. He explained to me how the Blockchain technology – the skeleton of cryptocurrency – is a much more efficient, and hence promising fiscal system. With its concept of decentralization, it provides a much safer and secure protocol; this makes it trustworthy, transparent, fast and secure. I was still bent on the futility-in-daily-life bit; that's when he introduced me to the FIXY network solution.
What is FIXY about?
The FIXY network can be seen as a network solution, which aims at making the consumption of cryptocurrency possible in day-to-day transactions. For all the enthusiasts of bitcoins and 3500 other cryptocurrencies, FIXY simplifies admission into this new world. Besides, it also tends to assist in the efficient application of cryptocurrency to daily life. The two key features that bring to life these promises of FIXY are the decentralized exchange and the decentralized marketplace.
The use of the 'FIXY Gift card' – which are to be available in stores in every corner of the town, and which shall cut down on any lengthy registration processes for cryptocurrency enthusiasts – is one promising innovation. These cards can be purchased or deposited by investors using FIAT money on the FIXY app – an amalgamation of a marketplace and exchange platform.
How does FIXY work?
There are loopholes in every system – the cryptocurrency world is no exception to this. Even though the entire concept of cryptocurrency revolves around the concept of decentralization, the investment procedure itself is centralized and costs more because of involvement of third parties. The risk of forgery increases and so does the time and cost of investment. FIXY network emerges as a saviour in such a context, with its OTC trading feature where the investor is entrusted with his own wallet for better security, and can link and communicate with traders to locate, verify and invest in his favourite cryptocurrency – all with a single app that has a store finder, messenger and wallet, to name a few features! This way, FIXY provides transparency, decentralization, and security – all promises cryptocurrency actually makes.
Coming to what I, and as I believe, most investors have doubted – the application of the cryptocurrency in daily life – this too FIXY has an amazing solution for! The network solution boasts of a private decentralized marketplace, wherein there are two simultaneous channels of companies on one hand and customers on the other. The companies can put up for sale their respective products and the prospective buyer makes the purchase, quite creatively, 60% in cash and 40% in cryptocurrency. This works wonders for both the seller and the buyer because it assures both of no forgery, greater security, and immunity against the instability of cryptocurrency.
The framework and functioning of the FIXY network are simple and clear. A new investor purchases a gift card, easily available in frequent stores. A friendly, 'Know-your-customer' process shall validate the card and each user shall have his own wallet – much safer and fraud-immune than other platforms. The currency of the FIXY platform shall be the FIXY token. The benefits are dual - users may purchase their favorite cryptocurrency with this token, and retailers who partner with FIXY may sell products and Gift cards to investors. According to FIXY statistics, 1 ETH = 5000 FXY.
Verdict
Despite all the media hype about cryptocurrency, there have been certain loopholes in the system that have held back its efficiency and user-friendliness, which has affected not just its application, but its acceptance in general. In such a scenario, the FIXY app emerges as a game-changer – smoothing access to the world of cryptocurrency, while also suitably blending it with everyday life. FIXY is a revolutionary solution to the problems cryptocurrency has been suffering from.
Visit the website for token sale: https://fixyapp.io/
For more details read the whitepaper here: https://fixyapp.io/Whitepaper.pdf
Telegram: https://t.me/fixynetwork
Twitter: https://twitter.com/fixy_app
Blog by yalsik
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1943321