FESS Chain [FESS]

ENDED: August 31, 2019

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Description

The first decentralized platform addressing the shortcomings of the existing electronic settlement system. FESS offers a quicker and safer way to transact in an electronic environment through the appapplication of cutting edge technology. Fesschain dares to improve the shortcomings of blockchain so that the obstacles in the road of mass adoption ...Read More


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Law

Executive Summary

A DECENTRALIZED PLATFORM AIMING TO REVOLUTIONIZE ELECTRONIC TRANSACTIONS AND SETTLEMENTS
Our uniquely designed blockchain makes the best use of Artificial Intelligence and other such advanced authentication methods. Thereby, it dares to promote secure and safe transactions of any volume all across the globe.
FESS is combining Proof of Proof (PoP) methodology with AI and basic features of sharding into a new blockchain. FESS chain verifies every block with Bitcoin blockchain mined blocks, which makes FESS practically unhackable. Even if someone hacks into our blockchain, the very next block verifies back and returns where the original verified block was mined.

Whenever the data is processed depending upon its size and difficulty the AI dynamic code used in FESS breaks it into the parts and simultaneously generates multiple numbers of sub-nodes under a single node to process fragmented data (to be processed).
When the whole processing is complete, only proof of the existence of the transaction gets recorded on our blockchain and verifies itself from the bitcoin blockchain. Since we dynamically break the core’s power to make a hybrid sub-node to process the whole transaction, we can simultaneously process original data into fragments

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Whitelist and KYC

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Timeline

Sale Starts

6th June 2019

The ICO/Token/Coin sale opens

Happened: 1 Years, 3 Months, 21 Days ago

Sale Ends

31st August 2019

The ICO/Token/Coin sale closes

Happened: 1 Years, 27 Days ago

TODAY

27th September 2020

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