FOGnet(FOG) New Listing on LBank

FOGNET(FOGnet) will be listed on LBank at 08:00 on November 11, 2022 (UTC), the details are as follows:

Trading Pair: FOGNET/USDT

Trading Area: Innovation Zone

Deposit Enable: 08:00 November 10, 2022 (UTC)

Trading Open: 08:00 November 11, 2022 (UTC)

Withdrawal Enable: 08:00 November 12, 2022 (UTC)

About FOGNET(FOGnet)

• The future payment method is evolving into digital payment (payment). It started with PayPal and is currently evolving to coin-based payment.

• Countries around the world are promoting CBDC, and famous companies and countries have all entered the future digital payment market. Digital payments are a definite future.

• Current digital payment follows the existing financial method. The current digital payment is in a transitional form following the old bank payment system.

• Since coin payment is only a modification of the existing HTS system, then crimes such as hacking and misappropriation of funds occur frequently.

• Future digital payments are being developed to be implemented on a blockchain network, but for that, a high-speed blockchain is required.

• The current speed of the blockchain network is too slow with Bitcoin 8 times/sec, Ethereum 27 times/sec, IBM 2,000 times/sec, etc. Minimum of 300,000 operations/sec required

• There are also barriers to access, such as installing, signing up, and authenticating apps from various exchanges and banks.

• Therefore, various integrated solutions for digital payment and messengers to which block chain and encryption technology are applied should be provided.

• Future digital payments will inevitably grow based on finance. It is not possible to say that micropayments alone are digital finance.

• The beginning of future digital finance is NFT. There is a need for a place where the growth, trading, and advertising of this NFT will be concentrated and distributed.

• FOGNET system was founded based on high-speed blockchain technology and implemented high-speed blockchain technology.

• FOGNET system has secured 400,000 users by launching , an encryption messenger based on high-speed block chain technology, and it is a clear trend of increase. (Android/iOS)

• FOGNET system developed and installed a blockchain wallet optimized for digital payment inside . qa.fogwallet.io

• FOGNET system launched , the world's first shopping mall that supports digital payment. www.fogshop.io

FOGNET system has established the basic technology to preoccupy the future digital payment market and has successfully launched the necessary services. Now, FOGNET system plans to launch a trading system in partnership with financial companies to advance into the future payment market, and based on these preparations, it will preoccupy the global digital payment administration.

Website: https://fognet.io/

Blockchain browser: https://cn.etherscan.com/token/0x3f0371F690A27f25D5d8921515C6813ce15A14FA

Whitepaper: https://fognet.io/data/FOGNET_WP_EN.pdf

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