INTRODUCTION
The development of the FST Network’s network of networked networks (WEB) for the next generation of networks has brought about an indelible impact on the lives of human beings for nearly 30 years.
In order to promote the blockchain technology and upgrade the lives of people, the FST Network has become the most important mission. Through the creation of the third-tier architecture (Layer 3) solution, it is introduced into the block and chain engineering management of modularization and industrialization, and the application and creation of many blockchains are handed over to smart contracts.
Execution is done to ensure correctness, traceability and reliability without compromising the complexity and flexibility of commercial applications.
Through the service and construction of the FST Network, across different protocols, support different business needs and achieve a new era of evolution.
ABOUT FST NETWORK
FST Network is designed to bring Smart Scalability, Modularisation and User-Friendliness to the Blockchain World.
WHAT IS FST NETWORK
The world’s first ecosystem that creates service modules with industrial engineering thinking, supporting companies to quickly and steadily build grounded applications and services without the need for Blockchain developers.
FEATURES FST NETWORK
1. Faster : Enterprises can quickly assemble modules to create robust Blockchain applications.
Through the unique on-chain optimisation protocols (Relay Network), Blockchain applications can perform better with accelerated verification by increasing hundreds of times in transaction throughput .
2. Smarter : Enterprises DO NOT need Blockchain engineers to create applications.
Through assembling various unique business models with simple logics like playing Legos, and the replacement of modules can greatly reduce the hard cost of Blockchain development.
3. Thrustiwortier : FST Network solves development iteration problems with reliable and versatile modules, allowing enterprises to change modules at any time.
FST Network is focusing on-chain technical implementation, which is compatible with any other off-chain solutions.
PRODUCTS FST NETWORK
- Module Kits
Provide many application modules for enterprises’ selection.
Traditional development systems can be integrated with Blockchain via APIs and SDKs to support business needs.
We have successfully implemented grounded modules on Ethereum and supported client Dapp development. We will continue to release diverse modules to drive more applications.
2. SHeX
Is a solution for enterprises to build decentralised data exchanges.
Clients can quickly create a decentralised cross-chain token (information) exchange with efficiency and high-level security through assembling multiple modules and unique protocols. (Relay Network, Order-matching Network, Cross-chain settlement).
3. Tokeneden
Is the wallet and decentralised tokenisation platform.
Clients can issue and manage tokens (e.g. promotion and airdrops) through CRM tools on this platform without any programming.
More modules will be put in place and extended to other public chain ecosystems (e.g. EOS, RSK) to provide more functions and achieve an ideal Blockchain-free development environment.
4. EnSo
Enterprise-ready Blockchain development solution for large-scale projects
EnSo can benefit large projects (e.g. Supply Chain, Industry 4.0, IoT, Smart City) by assembling various practical modules and setting up customised underlying protocols and consensus mechanism.
FST NETWORK TOKEN
FST Smart Token runs through and supports the entire FST Network.
Enterprises, developers and users can use our products and services with FST to enter the Blockchain world and become an Internal nodes in FST Network to accelerate the development of the entire Blockchain ecosystem.
FST Network needs FST token as an Ultimate Key to run through the entire modular ecosystem.
In addition to being the payment medium for the use of modules, it also can be staked by participants for being the nodes to maintain the ecosystem by acting as a verifier in the FST Network’s 3 unique protocols.
TOKEN UTILITY
· Licensing Fee : In exchange for licensing to use the APIs and ABI modules provided by FST Network.
· Fuel fee : The execution fee required to drive the module, which is valued and charged by FST Service Gas. (FST Service Gas is obtained by FST top-up)
· Stake : As a qualification for the various nodes in FST Network ecosystem (running software becomes the node for double-layer mining) and a guarantee for executing the escrow box modules.
TOKEN DISTRIBUTION
General Model Distribution
Fundraising Use Distribution
TOKEN STANDARD
The Foundation of Blockchain Application. The token standard aims to satisfy the business needs and provide the perfect foundation for Blockchain products and services, creating the possibility of setting up grounded applications and creating automation.
SERVICE-FRIENDLY TOKEN STANDARD
To support business with sufficient utilities of token, this standard has greatly reduced the difficulty of integration with smart contracts and traditional software, achieving complex operations of business logics such as triggering serial smart contracts continuously.
FST Network has completed the implementation on Ethereum (as ERC-1376). Besides compatibility of ERC-20, this can remove the charge of ETH gas of end-users, support Ethereum initiative operations and other tokenisation barriers.
APPLICATION TOKEN STANDARD
This standard is an extension of Service-Friendly Token Standard working as a sub-ledger, enabling enterprises to have multiple ledgers with various structures and flexibly supporting different scenarios of business.
Two additional features have been implemented — Expiry Time and Burnability, through which token can support application with restricted liquidity (when expired) and service activation (when burned) and carry information within both on blockchain and off blockchain.
Application Token Standard can carry various information such as keys, identities, assets, ownerships, credits, vouchers and etc.
ROADMAP
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