What Is FuturoCoin (FTO)?

FurturoCoin is the platform that combines proven solutions with innovative technology. According to the whitepaper, FuturoCoin is an extraordinary idea to keep economic growth. However, the platform aims to make digital currency easy and accessible to all users globally. FuturoCoin seeks to remove the current barriers in adapting cryptocurrencies to open new economic doors. The platform aims to make changes in the fundamental structure of the global economy and banking systems by funding transactions and spending FuturoCoins (FTO) in the same way as any traditional currency but faster, transparent, and secure. FuturoCoin mainly aims at quick transactions to protect against double-spend attacks and minimize transaction fees, so everyone can easily access it.

Additionally, there are several problems of a traditional centralized banking system and its traditional currency like government intervention, under-resourced economy, unfair practices, scalability, transaction speed, and transfer values. However, FuturoCoin seeks to have the right solutions:

• Fraud-proof – The transactions get stored in a public ledger. FuturoCoin is decentralized, meaning that users own it and banks or the government have no control over it.

• Instant settlement – FuturoCoin aims to be easy to use. Users need a smart device and internet connection for instant payments and currency transfers.

• Accessible – Two billion people have access to the internet but cannot use traditional exchange systems. These individuals can seek to use FuturoCoin without any restrictions.

• Identity theft – FuturoCoin blockchain technology seeks to ensure secure digital transactions by encryptions and smart contracts. A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code.

• User is the owner: When using FuturoCoin, the user’s privacy aims to be safe.

Furthermore, FuturoCoin seeks to introduce several benefits of a two-tier network, low and constant transaction fees and advanced security. FuturoCoin has a governance model where block reward is divided equally. Asymmetric cryptography is used in FuturoCoin. With FuturoCoin, there is no fear of double-spending the same coin with a system that aims to look at all transactions every minute. The token ticker of the FuturoCoin is FTO. Moreover, FuturoCoin aims to build a strong team with user support to create a more accessible and better-organized world.

History of FuturoCoin (FTO)

According to the link available on the website, FTO was developed at the beginning of 2018. On January 30, 2018, the blockchain of FuturoCoin started.