Who is Modern Finance Chain

Modern Finance Chain
Modern Finance Chain
3 min readApr 28, 2018

Blockchain solves for a great number of problems we face in the traditional business world. From the elimination of identity theft, protection of personal data to the storage of information and many more. Blockchain provides us with a new, better and more secure future. But we must remember one important fact

Cryptocurrency was born from the mind of an anonymous developer with dreams of providing the world with an alternative currency that was decentralized, peer-to-peer, free of fees and not over-regulated.

Since Satoshi Nakamoto gave us the gift of cryptocurrency by way of Bitcoin, a lot has changed. We now have well over 1500 different cryptocurrencies with a new coin seemingly born each day. ICOs are launching at a rapid pace with each promising to solve issues in the traditional world, some we know will deliver. Very few, however, are built with the intention to drive adoption of crypto as currency and help future developers launch their dApps. Modern Finance Chain will change that.

The first goal of Modern Finance Chain is to integrate into commerce and reward merchants. Partnering with payment processors and merchants, MF Chain is offering a payment solution that allows merchants to earn rewards simply for accepting and transacting in cryptocurrency. As easy as that sounds, this is the first ever of its kind. Merchants partnering with and using the MF Chain payment solution can accept a large number of cryptocurrencies and earn 1% back on all transactions. Merchant rewards are paid in the form of the native MFX token and provides them the choice to exchange these tokens for cash or hold as long as they wish too. A simple thank you for helping the world adopt cryptocurrency as a form of payment.

Consumers are also rewarded for using cryptocurrency as payment. When paying with the MFX Token, consumers are rewarded with 1% back for all of their transactions and also benefit from waived surcharges. With no proprietary wallet required for consumers or merchants MF Chain also makes setup easy and simple. Integrated via API, the MF Chain payment solution instantly accesses existing wallets, users control their private keys at all times.

In 2019, Modern Finance Chain will be launching a new platform, the MF Mainnet. The MF Mainnet will be a smart contract platform with merchant payment integration and multi-currency ICO platform. The uniqueness of the ICO platform will be the ability for projects to accept the cryptocurrencies of their choice all via smart contract. Hosting a library of pre-built smart contracts and support of multiple languages, the MF Mainnet is meant to allow new aspiring projects the ability to launch their token quickly, easily and instantly be accepted in tens of thousands of merchants worldwide.

Said simply, Modern Finance Chain’s goal is to help the world adopt cryptocurrency. MF Chain’s long term value is defined by bringing to market the first ever merchant and consumer rewards program, providing new projects key resources and instant integration into commerce. Projects launched from the MF Mainnet Innovation Incubator are provided development and marketing resources in exchange for small equity stakes in the company. This ensures costs are kept to a minimum at the critical stages for these projects and ensures MF Chain’s future success. Building the future of cryptocurrency should not require isolated, rules driven blockchains. Modern Finance Chain’s vision can be summarized in three simple words, Freedom. Choice. Rewards.

The Team behind Modern Finance Chain

MF Chain’s international team is comprised of PhD’s, Mathematicians and Expert Level Blockchain Developers, harnessing a wealth of brilliant minds dedicated to the common vision of MF Chain and its goal of mass market cryptocurrency adoption. With a shared passion for the future of blockchain, these experts have partnered together to build a complete and robust digital economy.

Combined with an Expert Advisory board, MF Chain will apply the core teams experience and technical capabilities to make MF Chain the leading Payment Processing Solution and become the utility token of choice for consumers and merchants. New, underfunded and resource limited aspiring projects will benefit directly by partnering with MF Chain. From a complete pre-built smart contract library, multi-currency ICO Platform to access to tens of thousands or merchants for instant integration in commerce; the future of MF Chain and upstarts results in growth and adoption of cryptocurrency.

You can read each team member’s backgrounds at https://mfchain.com/#team

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Modern Finance Chain
Modern Finance Chain

— A public smart contract platform with merchant payment processing integration