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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
• FOGNET system developed and installed a blockchain wallet optimized for digital payment inside
• FOGNET system launched
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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