FLUZCOIN- USAGE IN ONLINE COMMERCE, WEB AND MOBILE PAYMENTS
Fluzcoin team will provide integration framework and ready-made extensions to be integrated with popular eCommerce platforms such as Magento, Hybris, Salesforce Commerce Cloud (ex-DemandWare), Shopify, BigCommerce, PrestaShop, WooCommerce and other.There can be two types of integrations owing to blockchain nature of the coin – first, traditional, centralised like a PayPal or other crypto currency extensions, which centrally store merchants funds after receiving them from consumers and then can move or exchange them into other assets on merchant’s request.
Fluzcoin POS payment flow
Consumer is equipped with free app that is Fluzcoin wallet as well as additional features, for example tracking of free coins distributed to Fluzcoin holders, search of nearby stores accepting Fluzcoin and providing special deal redeemable for Fluzcoin only.A merchant is displaying the total amount of the cart on a conventional cash-desk screen along with conversion into Fluzcoin amount.
Payment invitation is presented by a scannable QR code, which might be unique for each transaction (or come from a pool of reusable addresses).A user acceptance of the payment is embedded into scanning action – once the QR code is scanned, transaction is fired.
The Fluzcoin artificial intelligence (AI) stabilization algorithm will constantly adjust to deliver a smooth appreciation path, thus eliminating speculative volatility that so much affects cryptocurrencies and deters confidence in these.Through machine learning algorithms, coin bond issuances and Fluzcoin holder dividends, Fluzcoin aims to provide the confidence needed for wide acceptance as a medium of exchange and furthermore, a store of value.
Privacy enabling algorithm protecting purchase history
Blockchains are transparent, but retail coin users want their purchase history hidden, while enabling blockchain transparency for their balance of coins.Fluzcoin builds on SNARK algorithm allowing to store proof of transaction without exposing the transaction itself.
Proof of concept is LIVE! A retail platform coin is rising
Proof of Concept is LIVE – the system is built on Hyperledger Fabric and able to uphold daily transactions of up to 1,000,000,000 retail customers wordwide.Further research and blockchain technology advancement will increase this figure to bring retail coin to the global market.