Fesschain

Fesschain

Created using Figma
Created using Figma

Last Update

Jul 24, 2019

INTRODUCING THE FUTURE OF ELECTRONIC SETTLEMENT SYSTEM 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 application of cutting edge technology. Fesschain dares to improve the shortcomings of blockchain so that the obstacles in the road of mass adoption can be minimised. Fesschain is disrupting the sluggish transaction methods with the fess blockchain powered by Neutrino Framework The unique technical architecture ensures most optimum block space utilisation and thus dumping the undesired data and improves TPS with every passing transaction. Additionally, the fess tokens, are true utility of this platform as they complete the fesschain ecosystem.
Pre IEO
Aug, 2019
Aug, 2019
100% completed
Raised funds - no Data
past
Private Sale
Jul, 2019
Sep, 2019
100% completed
Raised funds - no Data
past
Token Details
Ticker
FESS
Total supply
10000000000
Accepted Currencies
ETH, BTC
Company Details
Registered Country
India
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Platform

About Fesschain

ABOUT US A DECENTRALIZED PLATFORM AIMING TO REVOLUTIONIZE ELECTRONIC TRANSACTIONS AND SETTLEMENTS

We have created a decentralized platform that will solve all your electronic settlement woes. Existing systems on operational blockchains are crippled with huge network load, and hence they are vulnerable to security threats apart from being obnoxiously slow.

Our uniquely designed blockchain makes 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.

Features

TRUST AND TRANSPARENCY

The complete decentralized architecture on FESS instills the much needed trust and transparency within all transactional networks.

 

SECURITY

A double layered authentication method of transactions, based on blockchain technology makes it virtually impossible to hack into our system.

 

SPEED

Our unique parallel processing algorithm ensures 450-900 transactions per second(TPS), way ahead of existing solutions.

 

DIVERSITY

Fesschain platform through its token powers individuals and business for their various needs.

Technical Info

The whole technological framework can be broadly understood in terms
of ‘Neutrino Framework’, powering the fesschain ecosystem. Apart from
that, this part of the document will also explain how fesschain will
improvise the way DApps till date are being developed and run. In fact, it
is also one of the major reasons which made way for the existence of
fesschain.
We will understand both of these forebodings on case by case basis.
7.1 Neutrino Framework
The fesschain is majorly driven by the powerful Neutrino Framework
which is the key to its speed amplification with the increasing volume of
data. This Framework makes sure the blockchain doesn’t clog with the
unnecessary data so that the maximum transaction speed can be
ensured even at the high transaction requests. The goodness of another
plus point in this framework that brings up the bitcoin’s blockchain
security to the next level.
The Framework
The Whole Neutrino Framework is divided into 5 Phases or 9 Stages.
These stages sums each and every activity takes place during any odd
transaction on the fess blockchain.

 

1. Inputs Initiated
In this phase, the transaction requests are initiated and forwarded
to the Data Optimisation Phase.
Stage-1
At the first stage, there are multiple transactions are requested
from the users’ end on the blockchain.
2. Data Optimisation
This phase is completed in two crucial stages. The received inputs
in the phase 1 will be converted into a data type which is blockchain
friendly and then the process of trimming of the raw data into
relevant data will be initiated. Another important step, the
fragmentation of the data takes place under this phase.
Stage-2
In the second step, the requested Transaction Data is developed
into the respective blocks in order to make it system friendly
09
TECHNOLOGICAL FRAMEWORK
Stage-3
Once the blocks are developed then the third stage comes into
existence where these blocks are sent to the parent node. This is a
very important step as all blocks are processed to churn out the
relevant data. This is achieved through the ‘Data Fragmentation’.
Under fragmentation, data is broken into the smallest unit parts
possible so that the unnecessary data and space both can be taken
care of.
3. Data Validation
This phase comprises three stages. The fragmented data converted
into blocks from the previous phase is arranged into random
manner with the versatility of artificial intelligence. Thereafter the
data verification starts to make sure only relevant data is stored on
the blockchain.
Stage-4
In the 4th stage, the freshly processed data is sent to randomly
arranged virtual nodes with the help of artificial intelligence so that
the networks can process it.
Stage-5
Once the data is moved into the randomly ordered virtual nodes
the next process comes into action. In this stage, the available
Sub-nodes validate the entries. After verification, the data from
here is forwarded to the next stage where the entries will be
recorded on the blockchain.
Stage-6
The verified and relevant blocks now become part of the
blockchain.
4. Data Aggregation
Once the data is fragmented, optimised and validated to find his
mainstay in the blockchain. It’s high time the data is aggregated so
that every irrelevant data request can be dropped and the precious
block space on the blockchain can be saved.
Stage-7
Once the entries are received then all blocks are verified with the
Bitcoin’s mined blocks for aggregation.
10
Stage-8
Now as the data has been sorted, fragmented, validated and
aggregated. The 8th step is what is visible to the user that is the
DATA, the Relevant data which has now been saved in the
Fesschain’s blockchain.
5. Completion
Stage-9
Now the relevant entries are recorded and the Transaction has
been successfully completed.
It may sound like 9 different long stages that are going to take
some several minutes or so. But the story is completely different.
The Algorithm of Fesschain is optimized to deliver up to 900 such
transactions within a second. All this without compromising even
an iota of security.

Fesschain Roadmap

  • May 2019

  • Pre-Private Sale
  • June 2019

  • Prototype Launch
    Whitepaper Launch
    Private Sale
  • August 2019

  • In-house DApps Prototype Launch
    Public Sale
  • August 2019

  • Pre IEO Launch
  • Read More
  • September 2019

  • In-house Supply Chain Implementations
    Content Sharing Application Launch
  • Oct 2019

  • IEO & Listing
  • November 2019

  • In-house DApps Launch
  • March 2020

  • Testnet Bounty with Public
  • January 2020

  • Launching of Internal Exchange & Testnet
  • May 2020

  • Mainnet Launch

Activity

Activity:
123
MEDIUM
Posts:
13
VERY LOW
Views:
494
VERY LOW
Followers:
4 038
MEDIUM
Likes:
3 799
MEDIUM
Rating:
5
VERY HIGH
Followers:
11 091
VERY HIGH
Tweets:
222
MEDIUM
30 Days Growth:
-118
Members:
42 334
VERY HIGH
30 Days Growth:
-612

Fesschain Team

Verified 73%

Attention. There is a risk that unverified members are not actually members of the team

Durga Prasad Tripath...
Founder, Global CEO & Head of Blockchain Developme...
verified
Praveen Kumar Sahani
Co-Founder, COO
verified
Mehtab Mehdi
CTO & AI expert
unverified
Prashant K. Maurya
Software Eng.
unverified
Shoaib Malik
Head of Creative Operations
unverified
Abhishek Pandey
Head of Business Development
verified
Alok Mishra
CMO & PR Head
verified
Mohit Gupta
Head-Design & Graphics
verified
Priyank Gupta
Marketing Strategist
verified
Pulkit Kumar
Resource Manager
verified
Rahul Deb
Social Media Manager
verified

Fesschain Interviews

Durga Prasad Tripathi
As a team member, сan you tell us about your role in the ICO project?
Hi I am Durga Prasad Tripathi ,I am Founder , Global CEO and Blockchain Development Lead here In FESS.
What do you think about idea?
FESS has a vision to contampilate and deliver AI Enabled fastest blockchain Network with the unhackable Security of Bitcoin Blockchain.
Praveen Kumar Sahani
As a team member, сan you tell us about your role in the ICO project?
Hi,
This is Praveen Kumar Sahani, Co-founder & COO of the project, looking after all the back-end operations.
What do you think about idea?
We have created a decentralized platform that will solve all your electronic settlement woes. Existing systems on operational blockchains are crippled with huge network load, and hence they are vulnerable to security threats apart from being obnoxiously slow.

Our uniquely designed blockchain makes 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.
Abhishek Pandey
As a team member, сan you tell us about your role in the ICO project?
I am working as Chief of Marketing Operations at FessChain.
Have good experience in digital marketing.
What do you think about idea?
FessChain's top priority is security with speed. Most of the fastest blockchains aren't secure, and/or most safest does't have speed. Here at FessChain we are working on both.
Alok Mishra
As a team member, сan you tell us about your role in the ICO project?
I am handling the Marketing and PR activities in this project. It mainly includes the management of Various Marketing Channels and platforms and augmenting content management needs.
What do you think about idea?
I have deep faith in this project as it holds great potential. It's improving the current shortcomings of the blockchain space.
Mohit Gupta
As a team member, сan you tell us about your role in the ICO project?
I create creative content, designs, look and feel for Fesschain. We will keep you updated through graphics.
What do you think about idea?
Blockchain is clouded with so many concepts and ideas but only few of them are scalable and works on real use cases. Fortunately, Fess is joining the league of frontrunners even in that handful projects. Fess is here with working tech and without any impractical promises. In fact, that's what I love most about this project
Priyank Gupta
As a team member, сan you tell us about your role in the ICO project?
Hi, I am Priyank Gupta, I am the marketing strategist in this project. My works is to bring the leads, making a strategy to help the project to reach the goals.
What do you think about idea?
FESS Chain is a revolutionary solution to the loopholes in the existing electronic transaction system
Pulkit Kumar
As a team member, сan you tell us about your role in the ICO project?
I am a resource manager in the team. I collect The resources so that we can make a better payment system.
What do you think about idea?
It is the future of the electronic payment system. With high security the mechanism of our blockchain is simple and yet very effective
Rahul Deb
As a team member, сan you tell us about your role in the ICO project?
Hi, my name is rahul deb and i am a social media manager in this project..
i job is to maintain social media platforms
What do you think about idea?
I am currently working on Fess Chain project .
This project is trying to solve blockchain security and scalability at the same time.

Fesschain Last News

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