The development of fras coin is more towards car rental service and online transportation. And Fras Coin or Frasindo Rent will become a special public transportation service in the future. With this system, there is only a single ledger managed by the platform provider, as a sole reference by the transacting parties. This is in addition to being a force, also a ‘single point of failure’. If a hacker has gained access to a ledger managed by this trusted party, then he may modify the contents.
FRAS COIN is the Mother-Project with Blockchain & Start-Up Incubator which have self-sustainability (have its own routine income), offers lifetime benefits + CAR COIN* voucher to its members. The FRAS COIN main income comes from the “Online-Taxi + car rental + driver recruitment” business, as an Official Uber, Grab and Gocar partner in Indonesia. FRAS COIN is backed by official companies, backed by many assets within the transportation industry, we are also the only company which offers multi-protection, a wide variety of benefits and 24hour LIVE-surveillance to the public. The certificate of assets is kept indefinitely by the NXT Foundation in the Netherlands.
FRAS COIN fully complies with government regulations and has been fully legalized and approved by the Indonesian government and many more. Along these lines all other Frasindo’s Child-Projects will compensate 10% of its tyke coins + profit to all FRAS holders everlastingly and for nothing. FRAS COIN additionally to be discharged on numerous blockchain-stage, as of now are accessible on ARDOR IGNIS and STELLAR.
Fras coin is a system with a platform that does not use the third parties. In essence, records of transactions that have occurred, stored by many computers scattered in the network itself. So it would be harder to hack a system of hundreds or thousands of computers, and chances are small for all of those computers to be interrupted at the same time.
Fras coin as part of Financial Technology that shakes the world of banking around the world for being more transparent and more secure Without any control from the government will have a positive impact for Indonesia, because the fras coin provides transparency and efficiency in making transactions, let alone also terkogolong quickly with the cost of sending a cheaper. However, this does not mean fras coin technology has no weaknesses, this one technology also does not have a clear inventor (anonymous), and also prone to the use of this technology for embezzlement and money laundering, of course a thing to be aware of.
Technical
Total FRAS Coin : FIXED 100,000,000FRAS
Total CAR Coin : UNLIMITED given free, auto replenish timely to all eligible FRAS Coin holder,
whom store FRAS only in wallet (Exchange Market are NOT included).
Upon usage, CAR COIN will be burned.
BLOCKCHAIN-SWAP :
FRAS COIN total supply in circulation will always be 100,000,000FRAS, blockchain migration are handled by FRAS's Child-Project CoinRupiah.com
CoinRupiah.com will becoming Stellar ANCHOR+GATEWAY by releasing fiat asset IDR (Indonesian Rupiah), and support Auto local bank transfer.
Supported Blockchain Platform
STELLAR LUMENS :
Indirectly, Frasindo team has been nurtured by Stellar.org, we active in humanity by helping the blockchain community fight poverty.
Through FRAS Child-Project, MyStellar.org become the Largest Stellar Forum, generating passive income to contributors by giving Free XLM since 2016.
MyStellar.org also participate to stellar build challenge "See Announcement"
MyStellar.org is Child-Project of FRAS COIN; FRAS holder are entitled to receive coin income from the next winning prize.
ARDOR IGNIS :
NXT-Foundation provide advisory to learn and use blockchain technology (NOTE: NXT-Foundation DO NOT endorse any project)
We occasionally sponsored by NXTfoundation to attend few blockchain events in ASIA to learn, also as the NXT community supporter
Frasindo Team actively promoting NXT + ARDOR and wear the logo t-shirt as branding.
NXT-Foundation do escrow some of the Frasindo's Assets Certificates & Check+copy all company legal documents
Certificates of car ownership are sent to Netherlands
Frasindo Team proudly be the ANNUAL+ supporter of the NXTfoundation.
ETHEREUM :
To support blockchain and crypto community, we would like to invite ethereum community on board Frasindo Family
More Coming : Waves, Counterparty, Omni
WALLET:
FRAS COIN is release on the top of existing blockchain platform, therefore ALL existing wallet already supported FRAS COIN such as ARDOR NRS, Stellar and ETHEREUM.
Please, visit:
http://bit.ly/2EZ1QdB. for more information.
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Topic: FRAS COIN: THE LATEST DEVELOPED BLOCKCHAIN SYSTEM IN INDONESIA TODAY. (Read 513 times)