BitClave Partners with FuzeX for Secure and Easy Smart Card Transactions
BitClave, a US-based company that provides a decentralized search engine to directly connect businesses and consumers through Ethereum-based smart contracts, has partnered with FuzeX, a Switzerland-based company that has created a smart e-card for credit, debit, rewards and cryptocurrency transactions.
Under the partnership, BitClave customers can use FuzeX Card to spend their BitClave CAT tokens at merchants and services that accept FuzeX. It will allow CAT holders to use the tokens for daily transactions.
“We are aware of the challenges of using cryptocurrencies for day-to-day tasks”, said BitClave’s founder and CEO Alex Bessonov. “We want to make sure that our CAT tokens can be used easily in the marketplace. Our objective is to make CATs available for everyday transactions. Our partnership with FuzeX opens up a new avenue for us to help our customers make CAT tokens a part of their daily life.”
BitClave brings businesses and consumers together through the BitClave Active Search Ecosystem (BASE). In the BASE system, merchants can advertise to consumers directly. Consumer Activity Tokens (CATs) are used to incentivize the customers to check out the advertisements. The process removes third-parties who profit from the exchange of information between businesses and consumers. BitClave clients are able to control and benefit from their own data.
FuzeX Cards will help BitClave CAT tokens reach a wider group of consumers. The smart e-cards can store, manage and use up to 30 different accounts to handle debit, credit, rewards, and cryptocurrencies. The card has an EMV chip, a dynamic magnetic strip, a rechargeable battery, an E-Paper Display (EPD), and three buttons for the EPD. Customers can select the cryptocurrency using the buttons. The FuzeX Exchange or partnership exchanges take care of any cryptocurrency conversions on the backend.
“The use cases for FuzeX Card and FuzeX Wallet goes beyond just storing different types of payment options”, notes FuzeX’s CEO Andrew Bae. “For example, through the use of both the FuzeX Card and Wallet, we enable safe storage of private keys by fragmenting and encrypting the private keys and storing them between the two devices; thus, enabling a secure two-factor authentication.”
In 2018, FuzeX plans to expand globally. BitClave CAT tokens will be part of its global integration and expansion process. It will give BitClave customers a great option to use their CAT tokens for everyday products and services.
About FuzeX:
FuzeX is creating a bridge between consumers and cryptocurrencies. FuzeX Card is a smart e-card that is secure and easy-to-use for debit, credit, reward and cryptocurrency transactions. The interactive card can store up to 30 payment methods and support multiple cryptocurrencies. The company wants to create a reliable, user-friendly and secure experience in all forms of payments. FuzeX Card works with FuzeX Wallet and FuzeX Exchange or partnership exchanges to provide a fully functioning ecosystem. For more information, please visit www.fuzex.co.
About BitClave:
BitClave uses blockchain to eliminate ad service middleman. The company’s objective is to create a direct connection between businesses and customers. BitClave is building a decentralized search engine that helps users search for items without losing control of their own personal information. Users also get compensated every time they click on search results for products and services from their favorite brands. The process makes third-party advertising networks unnecessary. For more information, please visit www.bitclave.com.
