FuzeX To Launch New FuzeX Cryptocurrency Payments Card With Dash
The world’s first real-time cryptocurrency payment card project, FuzeX, has partnered with the world’s leading e-commerce and payments-focused digital currency, Dash, to come up with the an all-new FuzeX card that allows Dash users to make payments everywhere in the world.
The agreement signed by both companies led to the expansion of the use of the cryptocurrency, which has been seen as the rising alternative to Bitcoin. The agreement has paved the way for Dash holders to make payments through the use of FuzeX payment cards. This also opens new opportunities for point-of-sale commerce at the same time create the way for businesses and individuals to use and adopt cryptocurrency in their everyday transactions.
This newly formed partnership is expected to launch this project by the fourth quarter of this year.
Jae-Hun Bae, CEO of BrilliantTS and the FuzeX project, said,
“Our goal is to grow our FuzeX ecosystem by adding various kinds of cryptocurrency, especially those with the most consistent usability as a currency. By partnering with Dash, we are pleased to offer benefits to the users of the FuzeX card and ecosystem. We will discuss and showcase a variety of interesting projects that can enhance the usability of cryptocurrency in Dash and real transactions.”
Jae Hun Bae is also the cofounder of CrucialTech. He has also been continuously developing rapidly changing technologies while achieving higher levels of innovation in the next-generation blockchain business.
On the other hand, global head of business development for Dash Core Group Inc. (DCGI), Bradley Zastrow, said,
“We are happy to grow the Dash ecosystem with our partnership with FuzeX. To grow the ecosystem, at its most basic levels, people not only need a way to acquire and store their Dash but also spend it in a frictionless way with a familiar experience: Like point-of-sale purchases with a physical credit card. This partnership allows for an easy and exciting new way for people to spend their Dash.”
It has been four years ago when Dash made it their goal to be an alternative form of payment at the point of sale, given its ability to confirm transactions instantly. Since then, it has been making an impact in the payment space. Dash has been seeing a 1,000 percent year-over-year growth in both value and trading volume since 2015, landing on the top 10 digital currencies. Dash is the only major self-funded, self-governed organization in the cryptocurrency industry. This allows for constant development and funding for the entire project.
Meanwhile, FuzeX has been considered as the world’s first cryptocurrency card that enables the cryptocurrency holders to check their running balance by using the actual card. FuzeX payment cards can be purchased only with FXT token, issued by FuzeX. The tokens are currently available on global major exchanges Cobinhood, HitBTC, Livecoin, and Coss. Since its founding, FuzeX has been recognized for successfully hitting its target investment goal during private and presale token sale events.
The memorandum of agreement between two powerful companies can change the way cryptocurrency works, not only for payments but for other purposes as well.