We live in a time where money is taking a different meaning, a couple of decades ago money was a form of a legal tender issued by a central governing agent through which individuals can carry out exchange of goods and services. This central governing agent regulates the flow and value of the money. A few years ago a new form of money came into existence, this form of money is void of any central governing agent (decentralized) and its value is based on the owners who possess it.

The new currency is decentralized, devoid of middlemen and highly secured, this has in time created a world where everyone is in charge of his or her own financial asset. The blockchain is the main engine that powers all of this new currency collectively known as the cryptocurrency. Most of these cryptocurrencies are facing some problem that is hampering the mass adoption of digital money, some of the problems include speed, security, transaction rate and lot more.

Fuloos is an open source, global payment network that is fully decentralized and their goal is to create a faster, greener & much convenient digital money which makes transactions easy.

Fuloos includes a coin with it own Blockchain, all the necessary e-commerce plugins, CRM & billing solutions, mobile wallets and lot more. Here is a snapshot of fuloos architecture.

Fuloos uses the Scrypt Algorithm which allows users to carry out fast transactions with low fees across the world without any significant delay and also it gives users the ability to stake their coins to earn interest on their funds. Fuloos main infrastructure is backed by multiple dedicated nodes to ensure the availability of the network which allows users to use Fuloos Coin any time of the day as well as providing a secure and reliable environment for merchants with no downtime what’s so ever.

Here are some special features about Fuloos Coin:

Fast Transactions: within 90 seconds of receiving payment merchants can have full access to their funds and Fuloos offers the highest transactions per second.

Security: Using technologies such as smart contracts and hyper ledger fabric platform, Fuloos offers a secure and more efficient payment mechanism.

Liquidity & Low Inflation: With a cap of 100 million coins in circulation and inbuilt PoS algorithm, Fuloos offers great liquidity along with high stability.

Exchange Service: Fuloos Coin is striving to be listed on leading exchanges.

Mass Adoption: With over 100 partnerships in place and more to come; Fuloos promises a brighter future with quick mass adoption.

Mobile & Web Wallet: Fuloos Coin also provide their own mobile & website wallet with the necessary security and safety measures.

Fuloos currently has 31 million circulating supply and a price of 0.0438 USD it is supported in 195 countries

In conclusion, Fuloos is a digital currency designed for low fees and instant transactions for payments all around the world and merchants that accept cryptocurrency it is a way forward in the world of digital currency payment processors allowing almost 20k transactions per second.

For more information please visit the fuloos website at https://fuloos.org/