Frodo Tech aims to create an eco-friendly blockchain ecosystem based on unique cryptocurrency services, accessible to all people in the world without any restrictions on race, region or country.
Frodo will have no limits and no mining
Frodo Technology is an IT and financial blockchain services company headquartered in Auckland, New Zealand and a member of the Blockchain Association of New Zealand (BANZ). Since 2018, it has provided the most suitable and trusted solutions around artificial intelligence, cybersecurity, data analytics, custom applications, mobility, migration and managed services.
Frodo Tech’s goal is to create an online service platform that brings a safe, trustworthy and superior future business to today. In 2021, the team at Frodo Tech decided to start a blockchain-based business offering unique cryptographic services. The goal is simple: to give a wide variety of people access to services regardless of race or region – to be an open, free platform and maintain an ecosystem of blockchain services for everyone.
In the past and to date, many environmentalists have raised concerns about the mining of Bitcoin and other cryptocurrencies and their immediate impact on the environment and climate. One of the company’s goals is to decarbonize the industry and achieve net-zero emissions in the global crypto industry by issuing tokens. Frodo Tech’s tokens have no mining capabilities, so transactions can be processed with precise energy requirements like a normal computer network. Therefore, the impact of cryptocurrencies on the environment is negligible.
Frodo Tech’s vision is to use blockchain technology as a financial tool; it wants to use a decentralized blockchain network to bring billions of new users into the global economy, so it offers three unique features: Standard Euro, Standard DAOs and standard tokens. The standard euro is the world’s first algorithmic stablecoin soft-pegged to the euro and backed by fungible assets. The DAO is a decentralized autonomous organization that develops and manages the ecosystem. Standard Token enables its holders to participate in the governance system of the Standard Protocol.
FRDX is Frodo Tech’s BEP-20 based token created specifically for this platform. The team launched its ICO on December 2, 2021. The total supply of tokens is 85000000000. platform accepted bitcoin, Ethereum, LTC, TRXsol, USDT, BCH, BNBDollar, sprint, RippleBUSD and DOGE in exchange for FRDX.
Frodo Tech aims to create a secure, reliable and excellent payment platform that provides Blockchain as a Service (BaS)
Frodo Tech is a complete ecosystem of blockchain services and offers its users various exciting features on the platform. These include Frodo Pay, FPG (Frodo Payment Gateway), Frodo Wallet and FNC (Frodo Native Coin).
- Frodo Pay is a fast encrypted payment solution (one-to-one) using QR and private URL payments. For example, every user does not need to use a credit, main or debit card when shopping, and the payment process in cryptocurrency is instantly available by scanning the Frodo Pay QR! However, encryption can be transmitted using IoT solutions, phone contact numbers, unique usernames, or private URLs.
- FPG (Frodo Payment Gateway) works like IPG (Internet Payment Gateway). All online stores can use FPG to process crypto payment solutions. FPG has many plugins like WordPress, Drupal, Magento, etc. to enable zero-fee transactions in your business. Additionally, they have important FPG documentation to implement the API into your custom business.
Currently, the company offers the following solutions:
- peer-to-peer transactions
- cross-border transactions
- no intermediary
- real-time exchange
- easy to integrate
- Automatic Billing Options
- OS Compatibility
Retailers, merchants and businesses will receive payments directly from users. The company will integrate the payment gateway into their existing payment model to ensure this. This property speeds up transaction times. It also brings two significant benefits: Fast transactions and secure access to payment gateways.
Furthermore, crypto payment solutions eliminate the role of intermediaries and third parties in the payment system, which is another significant advantage. Payments will reach merchants directly from the customer’s wallet, avoiding high transaction costs.
While the cryptocurrency market is highly volatile, with currency values often rising or falling rapidly, there is a solution to protecting investors’ funds.This real-time exchange function Enabling payment gateways to convert coins into fiat currency at any time ensures that users do not lose too much money in the event of volatility.
comprehensive, Frodo Technologies has strong potential, a well-developed roadmap and an experienced team. Given all these advantages, this is a great opportunity for people to use an eco-friendly blockchain service platform with countless features for any crypto and blockchain needs.
To learn more about the project, visit frodotech.comread white paper and follow the team Twitter, telegraph or Facebook. They are very active on social media – in addition to providing ongoing and immediate support – often hosting live AMA sessions, podcasts and friendly online meetups.
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