BFIC Coin is the native token of Blockchain Foundation for Innovation & Collaboration (BFIC) blockchain. BFIC is a proof-of-authority (PoA) blockchain network with an innovative and universal ecosystem that comprises of decentralized modules of various industries including, but not limited to entertainment, sports, gaming, e-commerce and travel & tourism. The foundation has developed and patented proof-of-contribution (PoC) consensus protocol to resolve the scalability, reward assessment and computational problems faced by PoS and PoW protocols, and will deploy the PoC Blockchain soon.
Blockchain Foundation for Innovation & Collaboration (BFIC):
The Blockchain Foundation for Innovation & Collaboration is an ingenious tech hub that is dedicated towards exploring the potential aspects of innovative ideas, solving real-life issues and devising smart new platforms based on blockchain technology to enhance the scalability, security and computational aspects of various industries.
The foundation collaborates with enterprises, tech firms and innovators to design decentralized apps for various industries. As a result, BFIC has already developed Time2Travel, a decentralized travel & tourism platform that offers swift bookings of flight tickets, accommodations and rental commute around the globe, Super11 – Fantasy Gaming Platform, GameOK – Decentralized Gaming and Love Wallet – a powerful decentralized app to transfer and store your NFT and Crypto assets.
Ecosystem:
The foundation collaborates with enterprises, tech firms and innovators to design decentralized apps for various industries. As a result, BFIC has already developed Time2Travel, a decentralized travel & tourism platform that offers swift bookings of flight tickets, accommodations and rental commute around the globe, Super11 – Fantasy Gaming Platform, GameOK – Decentralized Gaming and Love Wallet – a powerful decentralized app to transfer and store your NFT and Crypto assets, and BStore, a revolutionary crypto commerce platform for all your shopping needs.
Blockchain Foundation for Innovation & Collaboration (BFIC) has designed a diversified ecosystem of DeFi and dApps spanning to over 35 planned projects. With Time2Travel, GameOK, Super11, BStore, and Love Wallet already launched, the foundation now plans to explore metaverse, NFT gaming, DEX, Play-to-Earn and Play-to-Watch apps.
Roadmap:
BFIC is all about exploring the potential prospects of the blockchain technology and how can the technology be refined further to support advanced smart contracts and extensive computational applications to aid machine learning and artificial intelligence.
The foundation has researched and developed a proof-of-contribution consensus protocol to solve the scalability, computation and reward assessment problems faced by PoS and PoW protocols. Blockchain Foundation for Innovation & Collaboration has already patented the yellow paper for the PoC protocol and will soon be deploying the new blockchain. BFIC’s PoC Blockchain will greatly encourage and enhance the development of Artificial Intelligence platforms, Machine Learning and Augmented Reality with amazingly lower computational energy consumption, increase scalability and faster contract executions.
The upcoming dAPPs from BFIC include Swap360 (Crypto Exchange), DEXA (Decentralized Exchange), OKFX (Decentralized Forex Trading), whereas the foundation will launch the rest of its pre-defined ecosystem by the end of 2024.