Hello and welcome to this blog post about FNB Protocol FNB White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the FNB Protocol FNB white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the FNB Protocol (FNB).
I can ensue you that, you will be able to understand every bits and pieces related to FNB Protocol (FNB) after going through the FNB Protocol FNB white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
FNB Protocol FNB White Paper
FNB Protocol FNB white paper will be going to provide you, all the information that is needed to get started with FNB Protocol (FNB), including the inspiration for creating, the problem it is trying to solve and the solution proposed by FNB Protocol (FNB).
“ Users want to earn more discounted levels of service through point accumulation or coupon earnings. Each franchise brand offers unique coupons to the users through unique marketing or point earning systems.
The users want to use the coupon or points they have earned at the time of their choice, but in reality, it is not as effective because of time limitation and it can only be used by the brand.
Here are some of the issues that consumers or users experience from the current point and coupon platforms.
1. It is difficult to use at the desired time due to the time limitation.
2. Acquired points or coupons can only be used for the brand. It is good to have benefits but it is not a necessary benefit for myself right now.
3.The point earnings or coupon acquisition is not a benefit that users can have intentionally. It is not easy to find each brand’s event every time.
4.In some cases it is difficult to experience additional benefits because coupons or points were acquired in a situation when the user is unaware that he had obtained such coupons or points, and such coupons or points subsequently expire.
The various problems of point or coupon system listed above can be solved through FNBex which exists on the FNB platform. FNBex allow the users to convert their brand tokens into FNB tokens (a common concept) to receive benefits from other brand services, and to acquire.
This will create a free coin market with no restrictions or limitations on usage, and it will create a new distribution economy that is completely different from coupon or point system.”
White Paper Link: FNB Protocol FNB White Paper
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